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Announced

Konexial to acquire Axle Technologies.

Synopsis

Konexial, a company that provides comprehensive services for drivers, dispatchers, fleet managers, has agreed to acquire Axle Technologies, a technology company focused on bringing a new-age logistics platform to the trucking industry. Financial terms were not disclosed. "As we explored our options, it was critical that we found a company that would take care of our ELD customers. The team at Konexial stood out for two reasons—an easy-to-use app like ours, based on telematics technology and a history of great customer service. Above all, their dedication to drivers stood out throughout the process," Michael Mecca Axle CEO.

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