Managing the Financial Side of Commercial Fleets

Milestones in the Fleet Leasing Industry

January 2016, by Lauren Fletcher - Also by this author

Founded in 1948
ARI offers supply chain management, licensing services, mobile and driver communications, fleet policy, garage management, maintenance and repairs, fuel management, compliance, driver management, remarketing, fuel efficiency and emissions reduction, strategic consulting, account management, data integration, telematics, safety training and driver behavior, and global fleet management.

1948ARI was founded.
1955Became charter member of American Automotive Leasing Association (AALA).
1958Acquired first franchise offered by Ford Authorized Leasing System.
1968Installed first mainframe computer.
1980Acquired Interlease Corp. (7,000 vehicles).
1982Purchased Fleet Body Equipment (FBE) in Kansas City, Mo.
1983Acquired McLarty Leasing (5,000 vehicles).
1989Acquired Lend Lease Cars, Inc. (U.S. and Canada).
1993ARI opens its Caribbean Sales and Operations office in Puerto Rico.
1994Founded Global Fleet Services (GFS).
1995Formed joint venture in Mexico with Groupo Zapata to create ARIZA.
1999Introduced Web-based fleet management systems.
2005Introduced for used-vehicle sales.
2008Opened Western Operations Center and second U.S.-based call center in Grapevine, Texas.
2009Expanded European operations with locations in Brussels, Belgium, and Zurich, Switzerland.
2009Introduced Web-based driver tool.
2010Acquired Auto Truck Group, Inc. (ATG) and merged it with FBE.
2011Acquired UK-based Fleet Support Group.
2011Opened third U.S.-based call center in Houston.
2013Acquired Fleetlevel+ and HPIFleet & Mobility in Germany, expanding the company's footprint in continental Europe.
2013ARI joined the FORTUNE "Best Companies to Work For" list.
2014Acquired German technology company netcar24.
2014Acquired online driver training company DriveFleet.
2015Received the Fleet Europe Industry Award as an innovative international fleet supplier.
2015Recognized with a 2015 CIO 100 Award from CIO magazine for its driver safety program.

BBL Fleet
Founded in 1967
BBL Fleet offers total fleet management solutions including acquisition, lease, financing, fuel and maintenance management, remarketing, accident, driver safety management, analytics, transactional data management, driver/fleet admin tools, reporting, and telematics.

1967BBL fleet was founded.
1969Introduced a national accounts maintenance program.
1973Introduced one of the first executive lease programs.
1980Extended offerings to include equipment financing.
1985Assumed assets from Edgar Leasing.
1986Company expanded focus on emerging technology.
1987Opened an office in Detroit, providing on-site administration.
1992Continued expansion in total fleet management solutions.
1994Acquired McKean Leasing; a spin-off from LMV Leasing.
1997Became the first fleet management company to join PNC Capital Markets under securitized financing.
2000Introduced Lease Central online fleet management tool.
2000Bud Behling, president & CEO, was named a finalist for "Entrepreneur of the Year" by Ernst & Young.
2005BBL Fleet headquarters moved to its new and current location.
2009First fleet management company to utilize Vincentric for third-party total cost of ownership reporting.
2012Enhanced technology suite with the addition of apps and Android driver tools.
2015BBL developed accident management program to complete a full suite of client offerings.

Founded in 1965
Donlen offers fleet leasing, accident management, administrative services, fuel management, remarketing, transportation services, upfitting services, vehicle acquisition, and vehicle maintenance.

1965Company founded by Donald Rappeport & Leonard Vine.
1987Grew from 5,000 to 30,000 vehicles.
2009CEO Gary Rappeport honored as 2009 Executive of the Year, Services, by the American Business Association.
 Donlen releases fleet management tools for the iPhone on iTunes.
 Donlen launches DonlenDriver, dynamic new driver portal.
2010Donlen and Environmental Defense Fund collaborate on Clinton Global Initiative Commitment to Action.
 Tom Callahan, Donlen president and chief operating officer, elected to AFLA Board of Directors.
2011Gary Rappeport inducted into AF's Fleet Hall of Fame.
 Hertz completes acquisition of Donlen Corporation.
2013Tom Callahan succeeds Gary Rappeport as president.
 Made "supercharged" updates and upgrades to FleetWeb.
2014Partnered with Jim Pattison Lease (in Canada).
 50th Anniversary Celebration Kick-Off at NAFA Institute & Expo.
 Launched DonlenPass, fully-integrated toll management system.
 Enhanced Driver Management System launched.
2015Official 50th Anniversary of Donlen in April.
 New Mission Statement unveiled at NAFA Institute & Expo.
 Released "Intelligent Fuel Find" in Donlen mobile apps.
 "No Limits. No Boundaries" global approach announced with Athlon.

Element Fleet Management
Founded in 2007
With total assets of approximately $23 billion, Element Financial Corporation is one of North America’s leading
fleet management and equipment finance companies. Element offers end-to-end fleet management solutions, from financing and acquisition through operations and resale, with strategic consulting and technology support for car, truck, and equipment fleets. Element acquired PHH Arval in 2014 and GE Capital Fleet Services in 2015.

1946Peterson, Howell and Heather form partnership in Baltimore to found a new industry: fleet management.
1951Introduced nation's first finance lease plan for corporate auto fleets.
1987D&K Financial and GELCO Leasing acquired to form GE Fleet Services.
1995Alliance formed with Arval to provide global fleet services.
2007Element Financial Corporation founded.
2011Element Financial Corporation listed on the Toronto Stock Exchange under EFN.
2012Acquired TLS Fleet Management in Canada from Scotiabank. TLS Fleet Management was founded in 1980 and acquired by Scotiabank in 2009.
2013Acquired GE Fleet Canada and entered into a strategic alliance with GE Capital Fleet Services for the U.S.
2014Acquired the PHH fleet business.
2015Acquired GE Fleet Services in North America (U.S. and Mexico) and Australia/New Zealand; GE established this business in 1987.

Founded in 1946
EMKAY, Inc. is a privately owned fleet management company that is a one-stop-shop for all fleet solutions. Being the second-oldest fleet management company in the industry, EMKAY offers decades of experience in customizing the fleet process while providing strategic consulting to its clients.

1946EMKAY Car Leasing Co., Inc. begins.
1952Relocates and is renamed EMKAY, Inc.
1978Gary Tepas joins as VP of sales.
1979First in industry to utilize a "Network Based Computer System."
1980Gary Tepas named president.
1988EMKAY, Inc. relocates headquarters to Itasca, Ill.
1992EMKAY Canada is incorporated.
1996EMKAY, Inc. celebrates 50th anniversary.
1996Gary Tepas named chairman and CEO.
1997Industry first to offer 100-percent customizable vehicle policy and driver handbook.
2004EMKAY purchases leasing portfolio from Auto Rental Corp from AMI.
2005EMKAY Mexico is Incorporated.
2006EMKAY acquires PHD Leasing from Penske Truck Leasing.
2007Greg Tepas named president and CEO.
2011EMKAY, Inc. acquires JPL in Canada.
2014EMKAY is first lessor to implement Auto Integrate.
2016EMKAY Inc. celebrates 70th anniversary.

Enterprise Fleet Management
Founded in 1957

Owned by the Taylor family of St. Louis, Enterprise Fleet Management supplies most makes and models of cars, light- and medium-duty trucks, and service vehicles across North America. The business provides full-service management for companies, government agencies, and organizations operating medium-sized fleets of 20 or more vehicles, as well as those seeking an alternative to employee reimbursement programs.
Enterprise Fleet Management and its affiliate, Enterprise Holdings, together offer a total transportation solution. Through an extensive network of regional subsidiaries and franchise locations, Enterprise Holdings operates more than 9,000 fully staffed neighborhood and airport branch offices worldwide. Combined, these businesses, which include car rental and car sharing services, truck rental, corporate fleet management, and retail car sales, accounted for $19.4 billion in revenue and operated more than 1.7 million vehicles throughout the world in fiscal-year 2015.

1957Founded as Executive Leasing Company with a fleet of seven cars.
1962Executive Leasing Co. adds a rental car business division with a fleet of 17 vehicles. The company also starts a car sales division.
1969Executive Leasing expands beyond St. Louis and changes its name to Enterprise Leasing.
1989Company's name changes from Enterprise Leasing to Enterprise Rent-A-Car to reflect the enormous growth of its rental car business.
1992Enterprise's leasing division becomes Enterprise Fleet Management, focusing on serving businesses with small- to mid-sized fleets.
1997Becomes first fleet management company to win the Automotive Service Excellence (ASE) "Blue Seal of Excellence."
2004Manages fleet of 135,000 vehicles.
2005Manages fleet of 150,000 vehicles.
2008Launches comprehensive environmental platform.
2009Enterprise Holdings is created as the parent corporation for its growing portfolio of car rental and transportation services.
2010Enterprise Fleet Management is financially restructured to become an affiliate of Enterprise Holdings.
 Opens its first location in Canada.
2013Manages fleet of 250,000 vehicles.
2014Manages fleet of 300,000 vehicles.
2015Announces investment in information technology solutions, totaling $100 million.
 Receives ASE Blue Seal of Excellence for the 19th consecutive year, an industry record.
 Opens 53rd full-service location in North America.
 Manages fleet of 425,000 vehicles.

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