Ford Smart Mobility to acquire Journey Holding
Ford Smart Mobility LLC (FSM), a division of Ford Motor Company, announced an agreement to acquire Journey Holding Corp., a technology company that specializes in software solutions for intelligent transportation systems, will integrate its offerings with FSM’s TransLoc, a provider of technology solutions for on-demand and fixed route systems for public and private transit operations. Journey Holding CEO Justin Rees will lead the new operation.
“The combination of these transit technology companies will accelerate our efforts to help cities deliver more seamless, productive, and accessible transportation solutions to their citizens and visitors,” said Brett Wheatley, Vice President Ford Mobility Marketing and Growth. “It also will be key to connecting customers with the other mobility solutions in our portfolio, such as Spin e-scooters and our GoRide Health service.”
Together, the new group serves nearly 1200 cities, universities, corporate campuses, and other enterprises with software solutions for fixed route transportation, microtransit on-demand transportation, and other related areas.
“The need for safe and seamless transportation is critical in our cities globally,” said Rees. “Together, we will be able to offer transit leaders globally a full suite of services backed by the credibility and commitment of Ford Motor Company.”