Switzerland-based rail technology company Nexxiot and global braking systems provider Knorr-Bremse have struck a deal that Nexxiot CEO Stefan Kalmund says could significantly impact how freight and passenger rail companies keep track of their railcars’ performance and location.
Knorr-Bremse will integrate Nexxiot’s hardware and software into its products for the company and for North American subsidiaries New York Air Brake and Knorr Brake Co. Knorr-Bremse, a customer and investor of Nexxiot,...