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Reading Truck Group announced that it acquired substantially all of the assets of Caseco Manufacturing, Inc. Caseco, a current Reading distributor, is a regional manufacturer and upfitter of service utility truck bodies and service crane bodies, with four facilities located in Oklahoma and Missouri.
Read More →The merger will consolidate the fleet-related services of both companies with the goal of targeting new markets and service lines.
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Element Fleet Management Corp. has purchased fleet safety and accident management provider The CEI Group, the company announced.
Read More →Field service software provider WorkWave has acquired Hawaii-based GPS Heroes, a GPS and telematics company that serves small and medium-sized businesses.
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The truck upfitters join forces to combine their strengths and provide commercial fleets with the upfitting products they need.
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Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.
Read More →Truck Accessories Group, LLC (TAG), announces the acquisition of Custom Fibreglass Manufacturing Co. d/b/a SNUGTOP.
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Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.
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Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.
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Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
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