Fleet management

Global Automotive ADAS Aftermarket 2020-2024 | Growing Emphasis on Automotive Safety to Boost Growth | Technavio

Wednesday, June 3, 2020 - 7:00pm

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20200603005528/en/
    Technavio has announced its latest market research report titled Global Automotive ADAS Aftermarket 2020-2024 (Graphic: Business Wire)
    Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.
  • Market estimates include pre- and post-COVID-19 impact on the Automotive ADAS Aftermarket.
  • The growing emphasis on automotive safety has been instrumental in driving the growth of the market.

LeasePlan and YourMechanic Launch New Partnership to Provide Mobile Maintenance

Wednesday, June 3, 2020 - 1:48pm

LeasePlan USA, a global leader in fleet management and driver mobility services, today launched a partnership with leading automotive mobile maintenance and repair services provider, YourMechanic .

Key Points: 
  • LeasePlan USA, a global leader in fleet management and driver mobility services, today launched a partnership with leading automotive mobile maintenance and repair services provider, YourMechanic .
  • In adding a mobile option to their maintenance and repair management offering, LeasePlan provides customers the opportunity to schedule contact-free service on-site at the drivers home or office location.
  • At LeasePlan, were constantly looking for ways to transform our business to better meet the demands of our customers, said Felipe Smolka, EVP Transformation, LeasePlan USA.
  • YourMechanic is the leading nationwide automotive mobile maintenance and repair provider, operating in more than 2,500 cities and 7,000 zip codes across the U.S.

Ryder Supports Customers in COVID-19 Response

Wednesday, June 3, 2020 - 11:55am

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    This is an unprecedented time that has required unprecedented actions and Ryder plays an integral role, says Ryder Chairman & CEO Robert Sanchez.
  • Many companies have changed their manufacturing capabilities to produce ventilators and personal protective equipment, and Ryder shifting things up to meet customer demands is no different.
  • As a leader in transportation solutions, we are using our available resources to help the many customers who need our services and expertise the most.
  • To see how Ryder is helping customers manage their changing transportation and supply chain needs during this pandemic, watch this video on Ryder.com.

MiX Telematics to Present at the William Blair Growth Stock Conference

Wednesday, June 3, 2020 - 11:05am

MiX Telematics (NYSE: MIXT, JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), today announced that its Chief Executive Officer, Stefan Joselowitz, and Chief Financial Officer, John Granara will present at the virtual William Blair Growth Stock Conference.

Key Points: 
  • MiX Telematics (NYSE: MIXT, JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), today announced that its Chief Executive Officer, Stefan Joselowitz, and Chief Financial Officer, John Granara will present at the virtual William Blair Growth Stock Conference.
  • MiX Telematics presentation is scheduled for Tuesday, June 9, 2020 at 2:40 p.m. Central Time (9:40 p.m. South Africa Time) and will be webcast live.
  • MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers managing over 818,000 assets in approximately 120 countries.
  • MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and MiX Telematics American Depositary Shares are listed on the New York Stock Exchange (NYSE: MIXT).

BluJay Launches Transportation Modeling Application, Blazes Trail as First TMS Provider to Build Modeling Solution on LLamasoft Cloud Platform

Tuesday, June 2, 2020 - 1:00pm

BluJays Transportation Modeling uses data generated through the network and applications within the larger BluJay ecosystem.

Key Points: 
  • BluJays Transportation Modeling uses data generated through the network and applications within the larger BluJay ecosystem.
  • BluJay is delighted to partner with LLamasoft to offer these new capabilities to our customers, said Andrew Kirkwood, BluJays Chief Executive Officer.
  • BluJays Transportation Modeling solution uses historical shipper data to model various scenarios to determine the best policies, and the Transportation Management application is then configured to execute these policies.
  • BluJays Transportation Modeling application also includes the capability to conduct what-if scenarios to predict the potential impact of changes in procedures.

Omnitracs Leverages Data From Leading Health Organizations to Provide Support and Insights to Customers Amid COVID-19

Monday, June 1, 2020 - 1:00pm

This integration makes it possible for fleet managers to make sound safety decisions for their drivers in near-real time.

Key Points: 
  • This integration makes it possible for fleet managers to make sound safety decisions for their drivers in near-real time.
  • Drivers are on the front lines of national response efforts around this pandemic while putting their own lives at risk, said Paul Nagy, Chief Product Officer of Omnitracs.
  • Since the onset of the COVID-19 pandemic, truck drivers have faced unprecedented health risks and operational demands.
  • Omnitracs more than 1,100 employees deliver software-as-a-service-based solutions to help over 14,000 customers manage nearly 1,100,000 assets in more than 70 countries.

Facedrive Announces Update on its Upcoming Filings

Friday, May 29, 2020 - 12:00pm

Facedrive currently expects to file its interim financial report for the quarter ended March 31, 2020 and related managements discussion and analysis on or about July 10, 2020.

Key Points: 
  • Facedrive currently expects to file its interim financial report for the quarter ended March 31, 2020 and related managements discussion and analysis on or about July 10, 2020.
  • Facedrive is a multi-faceted people-and-planet first platform offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably.
  • Facedrive Health develops innovative technological solutions to the most acute health challenges of the day.
  • Facedrive is changing the ridesharing, food delivery, e-commerce and health tech narratives for the better, for everyone.

Global Railway Fleet Management Market 2020-2024 | Growing Use of Wireless Technology in Railway Industry to Boost Growth | Technavio

Thursday, May 28, 2020 - 11:30pm

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40743

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40743
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our railway fleet management market report covers the following areas:
    This study identifies the growing adoption of cloud computing for streamlining fleet management operations as one of the prime reasons driving the railway fleet management market growth during the next few years.
  • Backed with competitive intelligence and benchmarking, our research reports on the Railway Fleet Management Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Element Announces Pricing of Private Offering of Senior Notes

Thursday, May 28, 2020 - 10:01pm

Pending such ultimate application, the net proceeds from the offering are expected to be applied to temporarily reduce borrowings under such senior credit facility.

Key Points: 
  • Pending such ultimate application, the net proceeds from the offering are expected to be applied to temporarily reduce borrowings under such senior credit facility.
  • The offering is expected to close on June 2, 2020, subject to customary closing conditions.
  • Additionally, in Canada the offering will be made pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws.
  • Element Fleet Management (TSX: EFN) is a leading global fleet management company, providing world-class services and financing for commercial vehicle fleets.

DropCar and AYRO Stockholders Approve Merger

Thursday, May 28, 2020 - 7:49pm

DropCar, Inc. (DropCar) (NASDAQ: DCAR) and AYRO, Inc. (AYRO) today announced that at DropCars special meeting of stockholders held on May 27, 2020, DropCar obtained sufficient votes for each proposal required to consummate the previously announced proposed merger between DropCar and AYRO.

Key Points: 
  • DropCar, Inc. (DropCar) (NASDAQ: DCAR) and AYRO, Inc. (AYRO) today announced that at DropCars special meeting of stockholders held on May 27, 2020, DropCar obtained sufficient votes for each proposal required to consummate the previously announced proposed merger between DropCar and AYRO.
  • AYRO previously obtained a sufficient number of written consents from its stockholders to consummate the merger.
  • Pursuant to the Agreement and Plan of Merger and Reorganization, dated as of December 19, 2019, by and among DropCar, AYRO and ABC Merger Sub, Inc., a wholly owned subsidiary of DropCar (Merger Sub), Merger Sub will merge with and into AYRO (the Merger), with AYRO surviving the Merger as a direct wholly owned subsidiary of DropCar.
  • Immediately prior to the Merger, AYRO will change its name to AYRO Operating Company, Inc. and DropCar will change its name to AYRO, Inc.