Platform Science and Trimble (NASDAQ: TRMB) announced on 15 September 2024 a definitive agreement under which Platform Science will acquire Trimble’s global transportation telematics business units. The strategic acquisition aims to transform the transportation industry by merging two advanced in-cab commercial vehicle ecosystems to enhance driver experience, fleet safety, efficiency, and compliance. Trimble to Become […]
Haul, a leader in compliance solutions for the transportation sector, and Transflo, a top provider of telematics, document management, and workflow automation, have unveiled a strategic partnership designed to enhance fleet compliance and operational efficiency across the industry. This new alliance merges Haul’s regulatory compliance expertise with Transflo’s advanced telematics technology, offering a transformative solution […]
Tata Motors, India’s premier commercial vehicle manufacturer, has achieved a significant milestone with 400,000 satisfied customers of its Tata Magic van, making it the country’s most preferred van for last-mile transportation. To celebrate this achievement, the company has launched a new variant, the Magic Bi-Fuel, enhancing the versatility and convenience offered to its customers. The […]
Coast, a company that has redefined the way businesses in the United States manage fuel and fleet expenditures, has announced a significant $92 million infusion in new funding. This round includes $25 million in equity capital spearheaded by existing investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, alongside newcomer Vesey […]
American Industrial Transport, Inc. (“AITX”), an affiliate of the investment firm ITE Management L.P. (“ITE”), specializing in industrial transportation assets and related infrastructure, has officially completed the acquisition of select railcar assets and operations from SMBC Rail Services LLC (“SMBC RS”). This strategic move reinforces AITX’s status as a full-service provider in the industrial freight […]
