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ZF Signs Definitive Agreement to Acquire Wabco

ZF Friedrichshafen AG, a global supplier of mobility systems for commercial vehicles, passenger cars and industrial technology, announced it has entered into a definitive agreement to acquire Wabco Holdings Inc. for $7.1 billion, or $136.50 per share.

March 28, 2019

Perimeter Solutions Acquires Idaho-Based Fire Response and Transportation Firms

Perimeter Solutions, a St. Louis company that produces fire retardants and provides services to firefighting agencies, has purchased a group of companies in Post Falls, Idaho, that includes First Response Fire Rescue, River City Fabrication and H&S Transport.

March 27, 2019

Canadian Company Aims to Add Sobriety Tests to Steering Wheels

A Canadian company that makes alcohol-detection devices attached to steering wheels of school buses hopes to expand to North American trucking companies.

March 27, 2019

I.D. Systems Acquires Pointer Telocation for $140 Million

I.D. Systems Inc., a New Jersey-based tracking technology company, has acquired Pointer Telocation Ltd., an Israeli provider of telematics and mobile internet of things services, in a $140 million deal, the companies report.

March 27, 2019

Truck Parking Data Systems Top ATRI’s Research Priorities List

The American Transportation Research Institute’s recently unveiled list of research priorities for 2019 covers an array of topical issues, ranging from truck parking to tolls.

March 26, 2019

DTNA Opens Detroit Connect to Third-Party Providers

Daimler Trucks North America announced it has opened its proprietary Detroit Connect platform to third-party telematics service providers.

March 26, 2019

UPS, Startup Begin First Regular Drone Deliveries in US

UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26.

March 26, 2019

Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway

Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.

March 26, 2019

Global Emissions Hit Record as Energy Demand Boosts Fuel Use

Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.

March 26, 2019