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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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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.
Read More →Bridgestone Americas is moving to acquire automotive parts retailer and service provider Pep Boys in an all-cash transaction valued at $835 million in share value, the company announced.
Read More →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.
Read More →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.
Read More →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.
Read More →We give you 14 suggestions about how to improve fleet truck upfitting from our "dream team" of 18 subject-matter experts in part 2 of our two-part series.
Read More →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.
Read More →A “dream team” of 18 fleet truck experts was assembled to discuss ways to optimize the upfitting process. In part 1 of our two-part series, these subject-matter experts reveal how to avoid common upfitting mistakes. It all starts with proper planning.
Read More →Element Financial Corp. has tapped the leader of the recently acquired GE Capital fleet unit as president and chief executive for its U.S. fleet management company and will shift the existing president to its Toronto-based operation.
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