Penske Logistics Gains Membership in Blockchain in Transport Alliance (BiTA)

Blockchain in Transport Alliance (BiTA)

READING, Pa., Jan. 2018 — Penske Logistics has gained entry into the Blockchain in Transport Alliance (BiTA) as a corporate member. “We’ve joined BiTA to take part in better understanding the benefits of blockchain for our customers and to be a part of crafting the standard framework in the development and implementation of blockchain […]

Meritor Announces Investment in TransPower to Accelerate Electrical Vehicle Platforms


TROY, Mich., Dec. 2017 — Meritor, Inc. (NYSE: MTOR) today announced a strategic investment in TransPower, a leader in electrification technologies for large commercial vehicles. Terms of the transaction were not disclosed. California-based TransPower supplies integrated drive systems, full electric truck solutions and energy-storage subsystems to major manufacturers of trucks, school buses, refuse vehicles […]