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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.

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Verizon-Fleetmatics Deal Makes Telematics Giant

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 to Acquire Fleetmatics

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-Telogis Deal Creates Top Telematics Unit

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 Acquires Telogis

Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.

Spec'ing Work Trucks

Although work trucks are typically smaller and lighter than Class 8 freight haulers, often they are more complex and take more work to design and assemble. Work trucks are built to carry tools, parts, expendable supplies and other equipment that its driver or crew needs to accomplish a job.

Going Green Without Saying Goodbye to Diesel

Green shouldn't be the only color a fleet is considering when making a move toward “going green.” "The most important colors in business are still red and black," said Joe Fiorelli, fleet and safety director for Gulfeagle Supply, during a session for the National Truck Equipment Association's recent Green Truck Summit entitled, "Compounding the Green: Incremental Measures for Going Green and Sustainable."