Internet of Things
Transtex acquires RM2J
MONTREAL, ON - Canadian aerodynamic solutions company Transtex announced the acquisition of fleet safety technology company RM2J, yesterday. The transaction, completed in July, represents a strategic opportunity for Transtex, the company said in a release. The acquired technologies will provide products that increase fuel savings while reducing speeds for improved security, Transtex said.
Volvo’s vision automated, electrified, connected
WASHINGTON, DC - Change is said to be one of the certainties in life, and Volvo Trucks is preparing for a future that is electrified, automated, and connected. But the company doesn't expect fully autonomous or electric linehaul trucks anytime soon. "It's a time of revolution when it comes to engineering and technologies," Chief Technology Officer Lars Stenqvist said during a media roundtable in Washington, DC. "This is the most fascinating and challenging era ever." While Volvo expects electric trucks to emerge, the company's electrification strategy is focusing on applications like ports, urban centers, and construction rather than the open road.