Automotive Fleet

Tag Search Result

Earnings

What First-Quarter Fleet Earnings Tell Us

The 3.2% first-quarter GDP figure released by the Commerce Department seems to portray a stronger volume environment than was experienced by the trucking industry, judging by first quarter fleet earnings.

Element Strengthens Balance Sheet

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.

Wex Increases Revenue in First Quarter

Wex Inc. reported revenue growth for the first quarter that beat projections from analysts and increased 8% to $381.9 million compared to a year earlier, the Portland, Maine-based fuel card and data provider announced.

Verizon Connect Reports Strong Q4 Growth

Verizon Connect contributed $242 million in revenue toward its parent's fourth-quarter earnings, which grew to $1.12 per share compared to 86 cents in the fourth quarter of 2017, Verizon Communications announced on Jan. 29.

Element's Fleet Revenue Rises From Year Ago

Toronto-based Element Fleet Management increased gross revenue from its fleet business by 10.5% to $1.47 billion Canadian ($1.14 billion in U.S. dollars) in the first quarter and grew revenue 2.8% to $1.43 billion ($1.11 billion) from the fourth quarter of 2017, the fleet management company has reported.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account