Knorr-Bremse, Nexxiot introduce digital connectivity solutions for the rail industry

Swiss Asset Intelligence specialist Nexxiot and Knorr-Bremse, a provider of braking systems and other systems for rail and commercial vehicles, are collaborating to develop an innovative range of intelligent products tailored for connected passenger and freight trains.

Through these solutions, Knorr-Bremse is laying the groundwork for robust digital business models in the areas of connectivity, cloud solutions, and software as a service, ushering in a new era of growth in the digital rail sector.

https://container-news.com/knorr-bremse-nexxiot-introduce-digital-connectivity-solutions-for-the-rail-industry/

Nexxiot, Knorr-Bremse integrating technology to build better rail brakes

A close-up photo of railcar wheels on a rail track.

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,...

https://www.freightwaves.com/news/nexxiot-knorr-bremse-integrating-technology-to-build-better-rail-brakes

The Log Book: Gopuff helps support runaway and homeless youth

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Gopuff donates to eight Covenant House locations, new Trucking Cares president announces new campaign and Bendix Huntington builds an all-inclusive playground for the disabled.

Gopuff helps support runaway and homeless youth

On-demand delivery platform Gopuff announced this week it is donating $40,000 in company credits to Covenant House, a privately funded global charity that provides...

https://www.freightwaves.com/news/the-log-book-gopuff-helps-support-runaway-and-homeless-youth

Bendix parent buys Dana’s share of brake joint venture

German brake systems manufacturer Knorr-Bremse AG (OTC: KNRRY) is buying out longtime Bendix-Spicer joint venture partner Dana Inc. (NYSE: DAN).The two companies have made more than 3.5 million brake system components for heavy-duty trucks since 2004.

Bendix Commercial Vehicle Systems is a global market leader for braking systems. It is acquiring the 20% of the Bendix Spicer Foundation Brake business it did not already own. 

Financial terms were not disclosed. It will be known as Bendix...

https://www.freightwaves.com/news/bendix-parent-buys-danas-share-of-brake-joint-venture

$48.9 million settlement approved over no-poaching allegations against railway suppliers

Knorr-Bremse no-poaching lawsuit

A class-action lawsuit against several railway equipment suppliers has received final court approval. Agreement on a final settlement of the suit between Westinghouse Air Brake Technologies Corp. (Wabtec), Knorr-Bremse AG and subsidiaries and law firms Hartley LLP and Fine Kaplan and Black was achieved in February. U.S. District Court for the Western District of Pennsylvania Judge Joy Flowers Conti signed off on the final settlement on Aug. 26.

Lead class counsel for the $48.9 million case was...

https://s29755.pcdn.co/news/no-poaching-agreement-results-in-489-million-class-action-settlement-against-railway-suppliers

Career Tracks: NEXT Trucking hires finance, operations leaders

NEXT Trucking, hailed as a freight-tech pioneer connecting shippers and carriers, has bolstered its finance and operations leadership to oversee the El Segundo, California-based company.

Patrick Winter is the NEXT VP of operations

Timothy Danaher has been hired as chief financial officer and Patrick Winter has joined the company as vice president of operations.

“We are pleased to announce the addition of an accomplished new generation of leadership to the team who will help us continue to...

https://s29755.pcdn.co/news/career-tracks-next-trucking-hires-finance-operations-leaders