After more than 90 years in business, Holman Automotive also celebrates 67 years in fleet by founding ARI in 1948. Being a privately-held, family-owned business is one key to its success as well as its focus on its people and customers.
The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.
Ryder System will begin offering 10-year full-service leases to beverage fleets to meet that industry's need for a longer lease term with trucks that accumulate less annual mileage, the company has announced.
Motorlease Corp. received a special Lifetime Membership award from the American Automotive Leasing Association (AALA) at the association's Sept. 29 annual meeting in Washington, D.C.
Enterprise Fleet Management has implemented a $100-million technology upgrade that includes greater use of tablets by sales staff and several new web-based fleet management tools.
Element Fleet Management gathered a record 300 customers and industry leaders to discuss fleet business trends, compliance and cost reduction strategies at the 18th annual Fleet Roundtable event, held Oct. 12-15 in Hunt Valley, Md.
Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.
Toronto-based Element Financial Corp. has named the senior leadership team that will lead the company's North American fleet management business based in Maryland and Minnesota.
Element Financial Corp. has closed its acquisition of GE Capital's U.S. fleet business and will now turn its attention toward integrating the two entities, the Toronto-based company announced Aug. 31.
Element Financial Corp. has tapped the leader of the recently acquired GE Capital fleet unit as president and chief executive for its U.S. fleet management company and will shift the existing president to its Toronto-based operation.
Merchants Fleet Management has formed a strategic alliance with Alamo Leasing, a Texas-based fleet leasing company that specializes in the hospitality, healthcare, and oil & gas industries.
The Greater Houston Retailers Cooperative Association has outsourced its fleet operations by signing a full service leasing agreement with Ryder System for 25 medium-duty box trucks, Ryder has announced.
The U.S. Federal Trade Commission has granted early termination to the waiting period under an anti-trust law for Element Financial Corp. to acquire GE Capital's fleet management unit.
The Dutch parent of LeasePlan USA, which is one of the largest global fleet management companies, will be sold to a consortium of investors including pension funds in The Netherlands, Denmark, and Singapore.
The president of Element Financial Corp. provides the strategic thinking and explains the impact on the fleet industry of the company's acquisition of GE Capital Fleet Services in an exclusive interview with Automotive Fleet.
Merchants Fleet hosted its inaugural fleet summit this week at the fleet management company's Hooksett, N.H. headquarters for its clients, employees, and business partners.
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