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September 7, 2017 - Industry News

How Fleet Management Companies Prepped for Irma

Irma forcast graphic via The Weather Channel.

Fleet management companies put in place resources for commercial fleets with vehicles in South Florida that may have suffered damage from Hurricane Irma. They helped drivers locate fuel, identified replacement units, and managed an influx of calls from drivers.

Tags: Fleet Management Companies, Hurricanes, LeasePlan, Element Fleet Management, Hurricane Irma, Drivers, Merchants Fleet Management

August 21, 2017 - Industry News

New Lease, Purchase Terms Offered for Fuso Cabover with Morgan Body

Image: Mitsubishi Fuso

Mitsubishi Fuso Truck of America Inc. is partnering with body builder Morgan Corp. and Daimler Truck Financial to offer special lease and purchase programs on certain 2017 Fuso FE160 Class 4 trucks.

Tags: Mitsubishi Fuso, Medium-Duty Trucks, Morgan Corporation, Daimler Financial, Cabovers, Leasing

July 11, 2017 - Press Release

Enterprise Fleet Management Reboots Mobile App

Enterprise Fleet Management's new app allows fleet managers and drivers to identify and address issues, such as maintenance needs or opportunities to improve fleet efficiency in real-time.

Tags: Enterprise Fleet Management, Mobile Apps, Leasing

May 1, 2017 - Product News

PacLease Offers Toll Management to Lease, Rental Customers

Photo: David Cullen

Paccar Leasing has announced that it will offer automatic toll billing and collecting to its lease and rental customers through PacToll, a toll management program created through a partnership with Bestpass.

Tags: PacLease, Tolls, Bestpass, Toll Management, Transponders

March 31, 2017 - Industry News

LeasePlan Sets Strategic Direction, Reports 2016 Results

Guus Stoelinga has left his role as LeasePlan N.V.'s chief financial and risk officer.

LeasePlan N.V. increased revenue, net profit, and the number of vehicles it manages in 2016 with factors such as small and medium fleet leasing, retail leasing, and "low single-digit growth" with corporate clients, the company announced.

Tags: Fleet Management Companies, Earnings, LeasePlan

January 3, 2017 - Industry News

LeasePlan's Pitcher Announces Retirement

Pitcher

LeasePlan USA President and CEO Mike Pitcher has announced that he is retiring from the fleet management company (FMC).

Tags: Mike Pitcher, Fleet Management Companies, LeasePlan

December 29, 2016 - Industry News

Top 10 Business Fleet Articles of 2016

(Clockwise l to r) A landscape fleet discusses how leasing is an advantage to maintain newer fleet vehicles; a fleet in Alaska equips its trucks to work in all seasons, including winter; trends in vocational truck body designs are discussed, including a mobile office upfit; Domino's is now operating a customized pizza delivery vehicle.

The top 10 Business Fleet feature articles of 2016 covered several topics including leasing, truck body designs, technology, and diesel pickup trucks.

Tags: Leasing, Diesel, Technology, Truck Bodies, Mobile Apps

November 7, 2016 - Industry News

Peterbilt Adds PacLease Trucks to Red Oval Program

Photo: Peterbilt

Peterbilt is expanding its Red Oval certified pre-owned truck program to include PacLease trucks with the complimentary Red Oval Assurance Warranty.

Tags: PacLease, Warranty, Peterbilt, Certified Pre-Owned, Used Trucks

October 27, 2016 - Industry News

Motorlease to Allow No-Penalty Returns of VW Diesels

Photo courtesy of Volkswagen.

Motorlease Corp. will allow its lessees of Volkswagen diesel vehicles to return the vehicles without penalty by waiving early termination fees and excess mileage charges, the fleet management company said.

Tags: Motorlease Corporation, VW Diesel Scandal, Diesel Emissions, Volkswagen

August 16, 2016 - Press Release

ARI 's Fleet Health Tool Identifies Higher-Cost Vehicles

Screenshot courtesy of ARI.

ARI has begun offering the Fleet Health Card, an analytical tool that helps fleet managers identify problematic vehicles that have the biggest impact on cost and reliability.

Tags: Maintenance Costs, ARI, Online Tool, Big Data

July 11, 2016 - Press Release

Enterprise Fleet Management Named ‘Most Innovative Company of the Year’

Enterprise Fleet Management is a Gold Stevie Award winner in the category of "Most Innovative Company of the Year – Up to 2,500 Employees" for the 2016 American Business awards.

Tags: Stevie Awards, Enterprise Fleet Management, Awards

March 24, 2016 - Press Release

Enterprise Fleet Management Named to Elite 100 List

Enterprise Fleet Management has been named a finalist in this year's InformationWeek "Elite 100," the company announced.

Tags: Recognition, Fleet Management Companies, Enterprise Fleet Management

February 16, 2016 - Industry News

Element to Split Into Two Companies

Element Financial Corp. is spinning off its North American commercial finance business into a separate public company to allow its fleet management business to focus on its core business and generate higher returns as a stand-alone company.

Tags: Fleet Management Companies, Element Fleet Management

January 21, 2016 - Industry News

Wheels Inc. Introduces Reimbursement Program

Photo via Wikimedia.

Wheels Inc. has become the first fleet management company to offer a program to help its clients manage reimbursed vehicles, the company has announced.

Tags: Wheels Inc., Reimbursement, Fleet Management Companies

January 15, 2016 - Industry News

Doering Fleet Management Grows Operation

Photo courtesy of Doering Fleet Management.

Wisconsin-based Doering Fleet Management is moving into growth mode to expand from a regional fleet lessor into a national fleet management company.

Tags: Fleet Management Companies, Truck Leasing

November 12, 2015 - Industry News

New Accounting Rules Require All Leases on Balance Sheets

Photo via FASB.org.

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.

Tags: Fleet Management Companies, Accounting, Open-End Leases, Closed-End Leases

August 31, 2015 - Industry News

Element Financial Closes Acquisition of GE's Fleet Unit

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.

Tags: GE Capital Fleet Services, Mergers & Acquisitions, Element Fleet Management

August 24, 2015 - Industry News

Element Names Webb President of Fleet Management Unit

Webb (left) and Halliday

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.

Tags: Fleet Management Companies, C-Suite, Element Fleet Management

July 23, 2015 - Industry News

Investor Consortium to Acquire LeasePlan Corp.

Photo courtesy of LeasePlan.

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.

Tags: LeasePlan, Mergers & Acquisitions, Fleet Management Companies, Private Equity, Investors

June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Fleet Management, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

April 27, 2015 - Industry News

Motorlease President Jack Leary Dies

Leary

John “Jack” Leary, president of The Motorlease Corp., a fleet management company headquartered in Farmington, Conn., passed away on April 25. He was 60.

Tags: Motorlease Corporation, Obituary, Fleet Management Companies

January 28, 2015 - Industry News

Motorlease Corp. Promotes Two Fleet Execs

Perkins

Motorlease Corp. has promoted Justin Mesick to controller and Jeffrey Perkins to general manager of fleet operations, the Farmington, Conn.,-based firm has announced.

Tags: Motorlease Corporation, Promotions, Fleet Management Companies

September 4, 2014 - Industry News

Leasing Keeps Pest Control Fleet Up-to-Date

The VW Beetle is one of several different types of vehicles in Bug Doctor's fleet. Each white-covered fleet vehicle includes several company logos.

To best match the vehicle with ever-changing job requirements, this pest control company leases its vehicles to keep a reliable and updated fleet.

Tags: Fleet Management, Ford Transit Connect, Fleet Leasing, Service Fleets

August 20, 2014 - Industry News

Delivery Fleet Chooses Full-Service Leasing

One of Bailey's leased trucks has become a popular photo-op for Denver Broncos fans.

This delivery service fleet opted for full-service leasing to maintain its trucks and reduce the stress of unexpected repairs

Tags: Maintenance, Full-Service Leasing

May 7, 2014 - Press Release

Quantum and Ryder Enter Agreement for CNG Truck Leasing

With the agreement, Ryder will purchase CNG tank systems directly from Quantum and install them onto CNG-powered vehicles with a team of Ryder technicians.

Tags: Quantum, Ryder System, CNG

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