KANSAS CITY, Mo. — DriverNet, a U.S. operator of truck-stop Internet kiosks, has cut nearly all of its 80-person workforce after it failed to close a US$4 million investment deal.
According to media reports, DriverNet Intends to keep its hardware up and running until it can find a buyer for its assets. Nonetheless, the system will be effectively shut down, and it will receive no marketing, sales or development work.
Only about a dozen staff remain on the job.
Apparently the deal for $3.9 million was nearly closed when the private investor, who hasn’t been identified, allegedly died.
Company president and chief executive officer David Buckley declined to comment when asked if the operation would go bankrupt.
Among DriverNet’s operations was networking services for freight-matching company DAT Services. How DAT Services will provide access to its freight-matching data wasn’t immediately clear.