Merchants Fleet and OneRail are launching a national fleet rental and leasing program for its logistics partners, which will enable business growth for the logistics partners through reduced vehicle costs.
Merchants Fleet has secured $50 million in growth financing that will enable the fleet management company to further accelerate its growth and expansion in the industry.
ARI has promoted Craig Pierce — who was previously responsible for the organization’s sales efforts throughout the western region — to vice president of U.S. Sales.
Under the agreement, Merchants will provide vehicle leasing and services to ServiceMaster’s core fleet of more than 10,000 vehicles.
Joseph Holman, chairman emeritus of Holman Enterprises, passed away on Dec. 12. He was 93.
The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at 1.5% after starting the year at 2.25%.
Since its founding in 1969, AFLA has grown to be the voice of the commercial fleet market equally representing all fleet professionals. AFLA has its sights set on evolving into a more far-reaching North American fleet association.
Bernice Siegel Singer, who founded what would become Merchants Fleet, has died at her home in Manchester, N.H. She was 94.
The Internal Revenue Service update of the depreciation limits for higher-priced passenger vehicles should have minimal impact on commercial leasing, fleet management company executives said.
Rainn Wilson, who is best known for his portrayal of Dwight Schrute in The Office, will provide the closing keynote for AFLA 2019.
Mary Sticha, a veteran fleet management company executive who held leadership roles with two prominent industry associations, retired earlier this year.
Element Fleet Management Corp. recorded a profitable first quarter, as it strengthened its balance sheet with $150 million in planned benefits from its company transformation plan that was announced in October.
Merchants Fleet CEO Brendan P. Keegan and Senior VP of Sales Tom Coffey discussed the significance of the rebranding summit, and what it means for clients, employees, and the entire company.
To understand those challenges firsthand, LeasePlan’s global employee fleet intends to go fully electric by 2021.
There are a number of reasons that companies will sometimes consider a sale/leaseback program then leasing them back. Here are some serious implications to assess before making the decision.
