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Drivers will benefit from consolidated and centralized billing, cost control through reduced internal administrative requirements, increased driver productivity, and overall fleet compliance.
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Bolton Capital has closed a $20 million revolving line of credit to fund haulers’ receivables and support working capital needs tied to large U.S. construction projects. The financing is intended to help operators bridge the gap between completing work and receiving payment.
Read More →EDEN PRAIRIE, MN – GE Capital Solutions Fleet Services has added Point-of-Interest information uploading and Geofencing functionality to its Telematics product.
Read More →EDEN PRAIRIE, MN - GE Capital Fleet Services announced the launch of TruckVantage Compliance, a new regulatory compliance service for truck customers.
Read More →Vanair’s new EPEQ IM HVAC system offers automatic idle management with factory HVAC integration and eliminates engine wear from unnecessary idling.
Read More →DANBURY, CT – GE Capital Solutions' Transportation Finance unit has launched a dedicated group to focus entirely on customers in the refuse industry, specifically businesses with $5 million to $100+ million in sales.
Read More →READING, PA – Penske Truck Leasing Co., L.P. announced that it has completed a series of transactions that include $700 million of new equity investments from its existing partners, Penske Corporation, Penske Automotive Group and General Electric Capital Corporation, and a new $1.0 billion five-year unsecured senior credit facility with a group of 17 financial institutions.
Read More →GE Capital Fleet Services announced an agreement with Amerit Fleet Solutions to provide truck and specialty equipment fleets with two new, nationwide offerings through GE’s TruckVantage fleet management service: on-site and mobile maintenance.
Read More →Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.
Read More →Mobileye, Inc., has signed an agreement with GE Capital Fleet Services to make Mobileye collision avoidance systems accessible to its truck fleet customers.
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