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Stock Market & Financial Investment News

News Breaks
July 14, 2014
06:36 EDTWBCWABCO announces major deal in Saudi Arabia
WABCO announced that its newly acquired fleet management solutions, or FMS, company, Transics International, signed a groundbreaking contract with Saudi-Arabia based Almarai, one of the world's largest dairy companies. The contract marks the dynamic global expansion of Transics, a market leader in Europe, after WABCO acquired the company in February. Transics will equip Almarai's entire long-haul vehicle fleet of more than 1,300 trucks with its industry-leading fleet management system, thereby, helping the food company to further enhance its fleet's safety performance and operational efficiency. Starting in August, Transics will upgrade Almarai's trucks with advanced TX-SKY on-board computers and install its web-based back office system TX-CONNECT for efficient truck, driver, trailer and cargo management. Transics expects to furnish Almarai's entire fleet of long-haul trucks by 2Q15.
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August 26, 2014
17:17 EDTWBCGentex, Wabco, two others could benefit from driverless cars, Barron's says
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