Element Fleet Management has announced a five-point plan to "reset" its fleet business that includes internal actions, a $150 million operations investment, a $300 million share offering, a purchase and wind-down of its 19th Capital joint venture, and an accountability plan.
Merchants Fleet Management has hired Candice Groth as director of purchasing for the Hooksett, N.H.-based fleet management company.
Penske Truck Leasing has introduced a state-of-the-art facility in Tallahassee, Fla., featuring full-service truck leasing, contract fleet maintenance, and more.
Merchants Fleet Management created a Southeast region as its fourth sales territory and has hired three regional vice presidents to lead the company's expansion in that region, the fleet management company announced.
Penske Truck Leasing marked the opening of a new facility in Ogden, Utah, the fourth new facility in the company’s western region this summer.