Wayne Corum assumed this position in July and is based at the Dallas-Ft. Worth airport in Texas. Previously, Corum was assistant property management director with the Fleet Division for the City of Fort Worth, Texas.
With regulatory approvals now in the rear-view mirror, Verizon must now decide whether to merge its three telematics companies as separate business units or merge them into Verizon Telematics.
Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.
Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.
Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.
Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.
Sacramento County, Calif., will evaluate the benefits of GPS telematics on 200 of its fleet vehicles over the next six months to determine if it will expand telematics use to 2,000 vehicles.
The State of Oregon on July 1 kicked off a new pay-by-the-mile road usage charge program. This program charges volunteer users 1.5 cents per mile while driving in Oregon and allows them to receive credit on their bill for state gas tax paid at the pump.
A telematics study analyzing a sampling of North Carolina's vehicle fleet showed many state vehicles aren't being regularly used and others suffer from excessive idling that reduces fuel efficiency.
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