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Ford Acquires TransLoc
Ford Motor Company recently acquired TransLoc, a Durham, NC-based provider of demand-response technology for city-owned microtransit solutions, as part of its Ford Mobility team.
“We believe transportation done right—as part of a systems approach—can bring life back to our cities,” said Marcy Klevorn, president, Ford Mobility. “By accelerating our delivery of mobility services through the changes we are making today, we are enabling that revival, enhancing our competitiveness and creating long-term value for Ford shareholders.”
Acquiring TransLoc will allow Ford to leverage the company’s operational expertise, network of city relationships and track record of providing solutions to cities globally that can improve the rider experience with dynamic routing.
Klevorn added, “We believe the integration of the technology and talent from TransLoc into our mobility team will further bolster our ability to deliver robust solutions for personal owners, fleet operators and cities, with speed and at scale.”
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