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Consolidation

Merger Mania Hits Fleet Market, Again

Merger mania is hitting the fleet market once again. We’re hearing about potential OEM consolidations and we now have Element Financial Corp. expanding its foothold in the U.S., with the acquisition of GE Capital Fleet Services on the heels of its recent purchase of PHH.

CL&P to Consolidate Service Center, Upgrades Damage Assessment

While some community members in Greenwich, Conn. have voiced concerns that moving the service facility could delay response times, Connecticut Light & Power says it will not affect service or storm restoration. The utility will also start using a new damage assessment tool by the end of the year to increase efficiency of recovery efforts.