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Fleet Management Companies

Demand for Trucks and Vans Slow Fleet Deliveries

Increased fleet orders for trucks and vans created backlogs at upfitter facilities, increasing lead times and missed ship-thrus. A shortage of rail autorack carriers further delayed deliveries. Despite this, order-to-delivery for most units was similar to 2017.

Element to 'Reset' Fleet Business

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 Adds Southeast Region, Hires VP Trio

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.

ARI Hires Eastern VP of Sales

ARI has hired Joe Foster as its vice president of sales for the eastern region, the fleet management company has announced.