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Coverage of fleet acquisition, leasing, financing, procurement, fleet management companies, and lifecycle cost strategies to help businesses make smarter decisions before and throughout vehicle service life.

NewsFebruary 16, 2016

Element to Split Into Two Companies

Element Financial Corp. is spinning off its North American commercial finance business into a separate public company to allow its fleet management business to focus on its core business and generate higher returns as a stand-alone company.

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NewsJanuary 21, 2016

Wheels Inc. Introduces Reimbursement Program

Wheels Inc. has become the first fleet management company to offer a program to help its clients manage reimbursed vehicles, the company has announced.

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Newsby Paul ClintonJanuary 15, 2016

Doering Fleet Management Grows Operation

Wisconsin-based Doering Fleet Management is moving into growth mode to expand from a regional fleet lessor into a national fleet management company.

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Articlesby Mike AntichDecember 11, 2015

Holman Automotive Celebrates More Than 90 Years in Business

After more than 90 years in business, Holman Automotive also celebrates 67 years in fleet by founding ARI in 1948. Being a privately-held, family-owned business is one key to its success as well as its focus on its people and customers.

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Newsby StaffNovember 13, 2015

New Accounting Rules Require All Leases on Balance Sheets

The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.

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NewsOctober 30, 2015

Motorlease Receives Lifetime Achievement Award From AALA

Motorlease Corp. received a special Lifetime Membership award from the American Automotive Leasing Association (AALA) at the association's Sept. 29 annual meeting in Washington, D.C.

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NewsOctober 22, 2015

Enterprise Fleet Invests $100M in Tech Upgrades

Enterprise Fleet Management has implemented a $100-million technology upgrade that includes greater use of tablets by sales staff and several new web-based fleet management tools.

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NewsOctober 16, 2015

Element Hosts 2015 Fleet Roundtable

Element Fleet Management gathered a record 300 customers and industry leaders to discuss fleet business trends, compliance and cost reduction strategies at the 18th annual Fleet Roundtable event, held Oct. 12-15 in Hunt Valley, Md.

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NewsOctober 14, 2015

Element Further Explains Growth Trajectory

Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.

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NewsSeptember 10, 2015

Element Names Leadership Team for North America

Toronto-based Element Financial Corp. has named the senior leadership team that will lead the company's North American fleet management business based in Maryland and Minnesota.

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