In the world of material handling, the notion of "driverless-ness" has been around for 60 years since the first automated guided vehicle (AGV) appeared in a grocery warehouse. High-tech warehouse operations are already used to the sight of AGVs performing tasks such as the vertical storage and retrieval of pallets and the loading and unloading of pallets onto outbound trailers.

Hyster-Yale Group, Inc. has acquired the telematics installation and distribution businesses in the U.S. and U.K. of Speedshield Technology, Pty Ltd.