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 has launched and innovation department and hired Lisa Bonacci as its director, the Hooksett, N.H.-based fleet management company has announced.
LeasePlan Canada will be partnering with Alliance Inspection Management (AiM) for its off-lease vehicle inspections within the Canadian market to increase transparency and trust in transactions.
Donlen has been selected as one of the Best and Brightest Companies to Work for in the Nation for 2018 by the National Association of Business Resources.
ARI's business intelligence and analytics team leader will offer his perspective about trends in the commercial fleet sector during a panel discussion at the Work Truck Show next week, the Mount Laurel, N.J.-based fleet management company announced.
Merchants Fleet hosted its 2019 Employee Summit in Hooksett, New Hampshire, where the fleet management company detailed to corporate employees about its recent rebranding, 2018 growth, and future plans for the company.
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