Direct ChassisLink Leverages BlackBerry For Advanced Fleet Tracking
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2025
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Source: Benzinga
BlackBerry and DCLI Partnership: BlackBerry Limited announced that Direct ChassisLink, Inc. will implement its asset-tracking technology across 100,000 chassis to improve operational efficiency and asset visibility in their fleet as part of a five-year partnership.
Technology Benefits: The deployment will provide real-time tracking, motion alerts, and sensor data for cargo status, enhancing safety and compliance while addressing challenges like rising costs and labor shortages in the freight industry.
Analyst Views on IYT
Wall Street analysts forecast IYT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IYT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 77.860
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Current: 77.860
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
