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News Stories (55 Results) - Fleet Leasing

Transport Enterprise Leasing, LLC (TEL) announced the expansion of its commercial truck fleet leasing operations in the Southwestern U.S. and the appointment of Marc Carosielli as Regional Director of New Business Development for Fleet Leasing. He is... Read Story
June 07, 2023, 07:20 AM

Transport Enterprise Leasing, LLC (TEL) announced the appointment of John Barber as Regional Director of Business Development for Fleet Leasing in the Southeastern U.S. He is focused on growing the company’s market share in the region.“This is an... Read Story
April 03, 2023, 07:16 AM

Ivory Consulting Corporation announced Fleet Leasing has selected SuperTRUMP to model and price its pre- and after-tax finance products.“The secrets to our success are the genuine customer relationships that we have developed and our ability to... Read Story
October 19, 2022, 07:08 AM

Transervice Logistics Inc., a provider of customized fleet maintenance and transportation solutions, announced the appointment of two new Regional Directors of Business Development. Both Directors have over 30 years of experience in sales and... Read Story
February 04, 2022, 07:14 AM

Hertz Global Holdings announced it has made all of the required court filings in its Chapter 11 case needed to continue the process it initiated at the beginning of March 2021 to exit Chapter 11 in June 2021. The filings also report on the status of... Read Story
April 01, 2021, 07:21 AM

Hertz Global Holdings Inc. has received interest from several potential buyers for its Donlen fleet business and is considering a sale if it can get at least $1 billion, according to people familiar with the matter, Bloomberg reported.Hertz filed for... Read Story
September 02, 2020, 07:22 AM

Only 8 Percent of Fleets Leveraging Full-Service Lease AgreementsFleet Advantage announced results of its latest fleet industry benchmarking survey showing the impact new safety technologies have had on transportation fleets, how many fleets are... Read Story
July 29, 2020, 06:55 AM

The Bancorp, Inc. announced the acquisition of McMahon Leasing. The purchase expands The Bancorp’s footprint to the southeastern Pennsylvania region, which will include a leasing office located in Norristown, PA. The purchase of McMahon allows for... Read Story
January 15, 2020, 07:20 AM

The Bancorp, Inc. announced key additions to the company’s executive leadership team. The following individuals have distinguished themselves as leaders and significant contributors to the company and join other named Executive Officers and Managing... Read Story
March 12, 2019, 07:20 AM

The Bancorp, Inc. announced Ashley Olejnik has joined the Small Business Lending team as Vice President, SBA Business Development Officer. She supports small business owners regionally and nationally across a range of industries by providing Small... Read Story
January 30, 2019, 07:02 AM

Fleet Advantage announced it has named Jon Keller as Senior Vice President of Sales. Keller is a seasoned sales veteran with extensive knowledge and experience in fleet leasing, asset management and lifecycle cost management.Keller comes to Fleet... Read Story
August 08, 2018, 07:25 AM

Wilmar Inc. was named a winner of the Family Business Award for companies with fewer than 50 employees at the 2018 Charlotte Family Business Awards. The company, with its headquarters in Charlotte, N.C., said it is the Southeast’s largest independent... Read Story
June 11, 2018, 07:00 AM

GE announced that it has sold its remaining 15.5% equity stake in Penske Truck Leasing Co, L.P., to Penske Automotive Group, Inc. (PAG) and MBK USA Commercial Vehicles, Inc. (MBK), a subsidiary of Mitsui & Co., Ltd. Total proceeds are approximately... Read Story
September 08, 2017, 07:06 AM

Element Fleet Management Corp. announced the sale of approximately 60% of its Heavy-duty U.S. truck portfolio (“HD Trucks”) for cash proceeds of approximately $138 million, in excess of book value.“We are pleased to announce this asset sale at an... Read Story
September 07, 2017, 07:15 AM

DLL announced the launch of the Lease by the Hour™ solution in the U.S. market. As the newest addition to DLL’s Fleet Centric SM Leasing solution suite, Lease by the Hour is designed to provide customers with a flexible usage-based solution for... Read Story
June 20, 2017, 07:18 AM

The latest release of ACT’s For-Hire Trucking Index indicated that May’s purchase intentions remained elevated, with 61% of responding fleets planning equipment investments in the next three months. This marked the strongest three-month reading since... Read Story
June 19, 2017, 07:00 AM

Fleet Advantage released results of its latest industry survey, which takes an annual look at practices and insights from truck fleet operators and for-hire carriers. This survey is a follow up to industry research conducted by Fleet Advantage in... Read Story
January 12, 2017, 07:05 AM

Element Fleet Management announced the appointment of Samir Zabaneh as Chief Financial Officer of the Company effective immediately.“I welcome Samir Zabaneh as a valuable addition to Element’s Executive Leadership Team. Samir brings significant... Read Story
January 10, 2017, 07:00 AM

Celadon Group announced that it has entered into a joint venture agreement with Element Transportation LLC ("Element"), a subsidiary of Element Fleet Management. The joint venture will hold leasing assets managed by Celadon's Quality Companies, LLC... Read Story
January 03, 2017, 07:15 AM

Fleet Advantage announced it was named by Food Logistics as a Top 100 Software and Technology Provider in 2016, highlighting the top technology companies for the global food and beverage supply chain. The complete list appears in the magazine's... Read Story
December 21, 2016, 06:50 AM

IronPlanet® in conjunction with its TruckPlanet marketplace, launched Fleet Services featuring IronPlanet Truck Locator. With access to over $200 million in Class 8 and other trucks, Fleet Services, and particularly IronPlanet Truck Locator, will... Read Story
November 11, 2016, 07:10 AM

Penske Truck Leasing has launched a new, updated website that provides valuable information about its full-service leasing and contract maintenance services, with a seamless experience for customers accessing it from any mobile device, tablet or... Read Story
September 20, 2016, 07:00 AM

American Trucking Associations said the turnover rate at truckload fleets with more than $30 million in annual revenue fell six points to 83% in the second quarter – the lowest point since the second quarter of 2011.  “The continued decline in the... Read Story
September 06, 2016, 07:08 AM

Fleet Advantage has been recognized by the Food Logistics Magazine as a ‘Top Green Provider’ for 2016, acknowledging the company as a leader in the sustainable global food supply chain for improving efficiencies and reducing food distribution carbon... Read Story
July 07, 2016, 07:00 AM

Fleet Financing Resources, LLC, nationwide lender for  commercial transportation equipment, announced it has surpassed half a billion dollars of funded leases and finance contracts since its inception in 2002.  The equipment primarily includes motor... Read Story
June 07, 2016, 07:19 AM

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management announced that it has been awarded the Technology Leadership Award for Fleet TCO Optimization Solutions in North America by the... Read Story
June 01, 2016, 06:56 AM

Ryder System, Inc. announced the launch of two new commercial vehicle lease products, designed to offer customers the most flexibility, choice, and control in fleet management. Ryder’s pioneering work in truck leasing has helped set the industry... Read Story
May 23, 2016, 07:18 AM

Fleet Advantage announced it has launched its new award-winning, real-time fleet performance software, ATLAAS (Advanced Truck Lifecycle Administrative Analytics Software). Announced during the company’s educational conference on technology and safety... Read Story
February 18, 2016, 07:03 AM

Inc. Magazine has ranked Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing and lifecycle cost management, one of the Top 5,000 Fastest-Growing Private Companies in the nation on its Inc.5000 list. Fleet... Read Story
December 03, 2015, 07:05 AM

LeasePlan USA announced the hire of George Hodge as new client relations regional sales vice president.  Hodge brings more than 18 years of professional fleet management experience to LeasePlan. In this newly created position for the northeast region... Read Story
October 29, 2015, 07:00 AM

Fleet Advantage announced the addition of Jeff Morris to its executive team.  Morris will serve as Vice President, Finance and Corporate Controller and will be responsible for oversight of financial controls, advancing finance infrastructure and... Read Story
September 22, 2015, 07:00 AM

Element Financial announced that Kristi Webb has been appointed as the new President and CEO of Element's fleet management business and Jim Halliday has been appointed as Executive Vice President, Element Financial Corporation. These appointments... Read Story
August 25, 2015, 07:09 AM

Fleet Financing Resources (FFR) announced that they have renewed their vendor program financing agreement with Wells Fargo Equipment Finance Inc. (WFEFI).  Initiated in 2003, funded volume of the program exceeds $210 million; the renewal also... Read Story
May 14, 2015, 07:02 AM

NationaLease, one of the largest full service truck leasing organizations in North America, announced it has signed an agreement with Decisiv, Inc., the leading provider of Service Relationship Management (SRM) solutions for commercial assets, to... Read Story
April 27, 2015, 05:57 AM

GE Capital Fleet Services today introduced BrightWorks* Insights, an advanced fleet analytics platform. The BrightWorks Insights platform is GE Capital Fleet Services’ core engine for bringing together data from drivers, vehicles, fleet services, and... Read Story
April 15, 2015, 07:05 AM

Fleet Advantage announced that they completed the year with $232.6 million in lease originations along with additions of several new high profile clients.Fleet Advantage’s Greenhouse Gas (GHG) initiative, highlighted by EXchangeIT™, continues to... Read Story
March 25, 2015, 06:43 AM

Penske Truck Leasing Co., L.P. ("PTL") today announced that Tokyo-based Mitsui & Co., Ltd. ("Mitsui") has acquired a 20.0% limited partnership interest in PTL from General Electric Capital Corporation ("GECC"). Following Mitsui's investment, GECC... Read Story
March 19, 2015, 07:14 AM

Union Leasing, a leading provider of customized fleet management solutions, is pleased to welcome Roger Setzke to the team as Director of Client Services, Fleet Operations. “Roger brings a high level of fleet management experience to Union Leasing... Read Story
March 17, 2015, 07:00 AM

GE Capital Fleet Services announced that it identified $420 million in potential cost savings for customers in 2014, with customers realizing $210 million in actual savings as a result. By working with fleet customers and analyzing data via its... Read Story
March 05, 2015, 07:00 AM

NationaLease, one of the largest full service truck leasing organizations in North America, has named Victoria Kresge Vice President of Dedicated Services, reporting to Joe Gallick, Senior Vice President of Sales.  In this position, she will be... Read Story
February 20, 2015, 07:00 AM

GE Capital Fleet Services announced that it has named Eric Stanley as Managing Director, Southeast Region, based in Atlanta. Eric Stanley brings more than 20 years of sales experience with him to GE Capital Fleet Services. He joined GE in 1998 and... Read Story
January 27, 2015, 07:02 AM

Milestone Equipment Holdings, LLC announced the appointment of Sarah Johnson as President of Highway Branch Operations, effective immediately. She will step into the role previously held by Stephen Ellison, who is retiring, and will report to Jeff... Read Story
January 22, 2015, 07:03 AM

More than one-third of North America’s 100 largest private trucking fleets comprising the Transport Topics list of Top 100 Private Carriers turn to AmeriQuest Business Services for their procurement, fleet management, and financial process automation... Read Story
September 04, 2014, 06:30 AM

GE Capital released a national survey of more than 400 executives at middle market companies (ranging from $10 million - Notably, the survey found that 27% of companies expect to increase the size of their fleets in the next 12 months, with leasing... Read Story
June 24, 2014, 07:00 AM

PHH Arval has announced Gary Anderson as senior vice president and chief business development officer for North America. In this role, Anderson will focus on growing PHH Arval North American business enhancing services with new and existing customers... Read Story
May 21, 2014, 06:45 AM

CURE Leasing & Maintenance, a wholly owned subsidiary of AmeriQuest Business Services, has positioned itself as one of North America’s largest providers of financing and maintenance services for new and late-model vehicles to companies using... Read Story
May 21, 2014, 06:00 AM

Fleet Advantage, a leading innovator in truck fleet business analytics and equipment financing, has launched the Kids Around the Corner program as part of the Fleet Advantage Foundation to support children in the communities where their clients are... Read Story
March 28, 2014, 06:00 AM

LeasePlan Corporation N.V. announced that it will expand its North American service offering to include Canada in January 2014.  LeasePlan and the Canadian fleet management company Foss National Leasing Ltd. (FNL) have entered into a licensing... Read Story
November 12, 2013, 07:02 AM

Element Financial Corporation (“Element” ) and GE Capital (“GE Capital”) announced that they have entered into a definitive asset purchase agreement (the “Agreement”) whereby Element acquires GE Capital’s Canadian fleet portfolio and the two... Read Story
June 03, 2013, 07:08 AM

Merchants Leasing announces the change of their name to Merchants Fleet Management. This adaptation acknowledges the significant growth of the organization not only in the fleets they lease and manage, but the breadth and depth of service... Read Story
April 17, 2013, 07:26 AM

GE Capital Fleet Services today announced a first-of-its-kind agreement with Carfax, the vehicle history expert for the automotive industry, to develop real-time reporting for fleet managers detailing safety recalls not yet performed on vehicles... Read Story
April 17, 2013, 06:37 AM

The Hertz Corporation and Donlen, the fleet industry’s most comprehensive and integrated provider of financing and asset management solutions, today announced the launch of HERC Ready Finance™, a groundbreaking equipment acquisition program, in... Read Story
March 01, 2013, 07:24 AM

Energy 1 Corporation announced it has acquired Master Lease of Delaware, a truck & trailer leasing business based in Henderson, Colorado. Master Lease's customer base consists primarily of owner-operators and small trucking companies who haul for... Read Story
October 03, 2012, 06:52 AM

With growth in the automotive and farming industries lifting the economies of the Great Lakes Region and Nebraska, the PacLease network of 450 locations in the United States and Canada is adding seven new franchise locations.Premier PacLease is... Read Story
September 27, 2012, 06:39 AM

Fleet Advantage Chief Executive Officer John Flynn reports that the privately held company in Fort Lauderdale has reached a new milestone and exceeded $100 million in revenue and lease origination for the six-month period ending June 30, 2012. This... Read Story
September 12, 2012, 06:14 AM