Truck-Lite has completed the acquisition of TrackPoint Systems, a supplier of asset management solutions for the transportation industry.
Truck-Lite Finalizes Asset Management Supplier Acquisition
Truck-Lite has completed the acquisition of TrackPoint Systems, a supplier of asset management solutions for the transportation industry.
June 7, 2019
Truck-Lite has completed the acquisition of TrackPoint Systems, a supplier of asset management solutions for the transportation industry.
1 min to read
Truck-Lite’s relationship with TrackPoint Systems goes back to January 2017 when the two companies entered a joint development project related to Truck-Lite’s Light-Out Detection System.
TrackPoint’s solar powered and wireless capabilities complemented the Road Ready by Truck-Lite technology roadmap and since then Road Ready has developed into an independent business unit, providing a smart trailer network tied to telematics.
Road Ready is a wireless, multi-functional trailer monitoring network that features a suite of wireless sensors and a number of OE trailer equipment and fleet software integrations. TrackPoint’s solar powered Tr/IPS master control unit offers wireless, untethered trailer tracking and monitoring and provides asset monitoring products to government agencies and private fleets.
"Entering an agreement with TrackPoint was a key factor in Truck-Lite's emergence as a leading telematics systems provider," said Brian Kupchella, Truck-Lite CEO. "By combining our resources and expertise, we've built the most dynamic and customizable trailer telematics network available."
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