The Global Navigation Satellite System—Real-Time Network (GNSS-RTN) is a satellite-based positioning system using a network of ground receivers (also called continuously operating reference stations (CORSs)) and a central processing center that provides highly accurate location services to the users in real-time over a broader geographic region. Such systems can provide geospatial location data with centimeter-level accuracy anywhere within the network. Geospatial location services are not only used in measuring ground distances and mapping topography; they have also become vital in many other fields such as aerospace, aviation, natural disaster management, and agriculture, to name but a few. The innovative and multi-disciplinary applications of geospatial data drive technological advancement towards precise and accurate location services available in real-time. Although GNSS-RTN technology is currently utilized in a few industries such as precision farming, construction industry, and land surveying, the implications of precise real-time location services would be far-reaching and more critical to many advanced transportation applications. The GNSS-RTN technology is promising in meeting the needs of automation in most advanced transportation applications. This article presents an overview of the GNSS-RTN technology, its current applications in transportation-related fields, and a perspective on the future use of this technology in advanced transportation applications.