Brinks has purchased Dunbar Armored and will integrate it’s fleet of 1,600 armed trucks to its current fleet of more than 2,000 vehicles.
TAG Truck Centers and the Lonestar Truck Group have merged into a new company called TNTX. The two companies will align under the TNTX entity in the coming months.
Verizon Telematics has become the largest provider of built-in telematics and mobile applications for commercial vehicles and has moved closer to rebranding its product offerings for its customers, CEO Andrés Irlando told an audience gathered at the annual Latitude conference.
The fleet industry in the United States is no stranger to acquisitions and mergers as we have witnessed with the decades long consolidation occurring among fleet leasing and management companies, automotive OEMs and their suppliers, and daily rental companies. The same holds true for the upfitting industry, which, in the first eight months of 2017, witnessed an uptick in acquisitions.
Intel-owned Mobileye will start building a fleet of 100 fully autonomous vehicles with a Level 4 of autonomy requiring driver interaction only to prevent an accident that the company will test in the U.S., Europe, and Israel, Intel has announced.
Masterack LLC, maintains its corporate headquarters in Decatur, Ga., a manufacturing plant in Social Circle, Ga., and five company-owned installation facilities across the United States. It will operate as an independent business unit within JBPCO.
Silicon Valley chipmaker Intel has completed its acquisition of Mobileye, the Israeli autonomous driving technology provider, by purchasing 84% of the outstanding shares, Intel has announced.
Driving Dynamics has acquired the Center for Transportation Safety (CTS) from Element Fleet Management in a deal that will expand its own fleet driver training and preserve the fleet management company's safety offering to its own clients, Driving Dynamics has announced.
Art Liggio, Driving Dynamics' president and CEO, has acquired the fleet driver training company from its retiring founders with the help of an investment firm and Philadelphia-based financial institution.
Michelin has announced its pending acquisition of NexTraq, an Atlanta-based provider of commercial fleet communications systems.
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