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Milestones in the Fleet Leasing Industry

Over the years, the fleet leasing industry has experienced some major milestones, from acquisitions and mergers to invention and recognition.

March 8, 2016
13 min to read


ARI
Founded in 1948
www.arifleet.com
ARI offers supply chain management, licensing services, mobile and driver communications, fleet policy, garage management, maintenance and repairs, fuel management, compliance, driver management, remarketing, fuel efficiency and emissions reduction, strategic consulting, account management, data integration, telematics, safety training and driver behavior, and global fleet management.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1948

ARI was founded.

1955

Became charter member of American Automotive Leasing Association (AALA).

1958

Acquired first franchise offered by Ford Authorized Leasing System.

1968

Installed first mainframe computer.

1980

Acquired Interlease Corp. (7,000 vehicles).

1982

Purchased Fleet Body Equipment (FBE) in Kansas City, Mo.

1983

Acquired McLarty Leasing (5,000 vehicles).

1989

Acquired Lend Lease Cars, Inc. (U.S. and Canada).

1993

ARI opens its Caribbean Sales and Operations office in Puerto Rico.

1994

Founded Global Fleet Services (GFS).

1995

Formed joint venture in Mexico with Groupo Zapata to create ARIZA.

1999

Introduced Web-based fleet management systems.

2005

Introduced ARIAutoDirect.com for used-vehicle sales.

2007

Launched ARITruckDirect.com.

2008

Opened Western Operations Center and second U.S.-based call center in Grapevine, Texas.

2009

Expanded European operations with locations in Brussels, Belgium, and Zurich, Switzerland.

2009

Introduced Web-based driver tool.

2010

Acquired Auto Truck Group, Inc. (ATG) and merged it with FBE.

2011

Acquired UK-based Fleet Support Group.

2011

Opened third U.S.-based call center in Houston.

2013

Acquired Fleetlevel+ and HPIFleet & Mobility in Germany, expanding the company's footprint in continental Europe.

2013

ARI joined the FORTUNE "Best Companies to Work For" list.

2014

Acquired German technology company netcar24.

2014

Acquired online driver training company DriveFleet.

2015

Received the Fleet Europe Industry Award as an innovative international fleet supplier.

2015

Recognized with a 2015 CIO 100 Award from CIO magazine for its driver safety program.


BBL Fleet
Founded in 1967
www.bblfleet.com
BBL Fleet offers total fleet management solutions including acquisition, lease, financing, fuel and maintenance management, remarketing, accident, driver safety management, analytics, transactional data management, driver/fleet admin tools, reporting, and telematics.

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YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1967

BBL fleet was founded.

1969

Introduced a national accounts maintenance program.

1973

Introduced one of the first executive lease programs.

1980

Extended offerings to include equipment financing.

1985

Assumed assets from Edgar Leasing.

1986

Company expanded focus on emerging technology.

1987

Opened an office in Detroit, providing on-site administration.

1992

Continued expansion in total fleet management solutions.

1994

Acquired McKean Leasing; a spin-off from LMV Leasing.

1997

Became the first fleet management company to join PNC Capital Markets under securitized financing.

2000

Introduced Lease Central online fleet management tool.

2000

Bud Behling, president & CEO, was named a finalist for "Entrepreneur of the Year" by Ernst & Young.

2005

BBL Fleet headquarters moved to its new and current location.

2009

First fleet management company to utilize Vincentric for third-party total cost of ownership reporting.

2012

Enhanced technology suite with the addition of apps and Android driver tools.

2015

BBL developed accident management program to complete a full suite of client offerings.


Donlen
Founded in 1965
www.donlen.com
Donlen offers fleet leasing, accident management, administrative services, fuel management, remarketing, transportation services, upfitting services, vehicle acquisition, and vehicle maintenance.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1965

Company founded by Donald Rappeport & Leonard Vine.

1987

Grew from 5,000 to 30,000 vehicles.

2009

CEO Gary Rappeport honored as 2009 Executive of the Year, Services, by the American Business Association.


Donlen releases fleet management tools for the iPhone on iTunes.


Donlen launches DonlenDriver, dynamic new driver portal.

2010

Donlen and Environmental Defense Fund collaborate on Clinton Global Initiative Commitment to Action.


Tom Callahan, Donlen president and chief operating officer, elected to AFLA Board of Directors.

2011

Gary Rappeport inducted into AF's Fleet Hall of Fame.


Hertz completes acquisition of Donlen Corporation.

2013

Tom Callahan succeeds Gary Rappeport as president.


Made "supercharged" updates and upgrades to FleetWeb.

2014

Partnered with Jim Pattison Lease (in Canada).


50th Anniversary Celebration Kick-Off at NAFA Institute & Expo.


Launched DonlenPass, fully-integrated toll management system.


Enhanced Driver Management System launched.

2015

Official 50th Anniversary of Donlen in April.


New Mission Statement unveiled at NAFA Institute & Expo.


Released "Intelligent Fuel Find" in Donlen mobile apps.


"No Limits. No Boundaries" global approach announced with Athlon.


Element Fleet Management
Founded in 2007
www.elementfleet.com
With total assets of approximately $23 billion, Element Financial Corporation is one of North America’s leading
fleet management and equipment finance companies. Element offers end-to-end fleet management solutions, from financing and acquisition through operations and resale, with strategic consulting and technology support for car, truck, and equipment fleets. Element acquired PHH Arval in 2014 and GE Capital Fleet Services in 2015.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1946

Peterson, Howell and Heather form partnership in Baltimore to found a new industry: fleet management.

1951

Introduced nation's first finance lease plan for corporate auto fleets.

1987

D&K Financial and GELCO Leasing acquired to form GE Fleet Services.

1995

Alliance formed with Arval to provide global fleet services.

2007

Element Financial Corporation founded.

2011

Element Financial Corporation listed on the Toronto Stock Exchange under EFN.

2012

Acquired TLS Fleet Management in Canada from Scotiabank. TLS Fleet Management was founded in 1980 and acquired by Scotiabank in 2009.

2013

Acquired GE Fleet Canada and entered into a strategic alliance with GE Capital Fleet Services for the U.S.

2014

Acquired the PHH fleet business.

2015

Acquired GE Fleet Services in North America (U.S. and Mexico) and Australia/New Zealand; GE established this business in 1987.


EMKAY, Inc.
Founded in 1946
www.emkay.com
EMKAY, Inc. is a privately owned fleet management company that is a one-stop-shop for all fleet solutions. Being the second-oldest fleet management company in the industry, EMKAY offers decades of experience in customizing the fleet process while providing strategic consulting to its clients.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1946

EMKAY Car Leasing Co., Inc. begins.

1952

Relocates and is renamed EMKAY, Inc.

1978

Gary Tepas joins as VP of sales.

1979

First in industry to utilize a "Network Based Computer System."

1980

Gary Tepas named president.

1988

EMKAY, Inc. relocates headquarters to Itasca, Ill.

1992

EMKAY Canada is incorporated.

1996

EMKAY, Inc. celebrates 50th anniversary.

1996

Gary Tepas named chairman and CEO.

1997

Industry first to offer 100-percent customizable vehicle policy and driver handbook.

2004

EMKAY purchases leasing portfolio from Auto Rental Corp from AMI.

2005

EMKAY Mexico is Incorporated.

2006

EMKAY acquires PHD Leasing from Penske Truck Leasing.

2007

Greg Tepas named president and CEO.

2011

EMKAY, Inc. acquires JPL in Canada.

2014

EMKAY is first lessor to implement Auto Integrate.

2016

EMKAY Inc. celebrates 70th anniversary.


Enterprise Fleet Management
Founded in 1957
www.efleets.com

Owned by the Taylor family of St. Louis, Enterprise Fleet Management supplies most makes and models of cars, light- and medium-duty trucks, and service vehicles across North America. The business provides full-service management for companies, government agencies, and organizations operating medium-sized fleets of 20 or more vehicles, as well as those seeking an alternative to employee reimbursement programs.
Enterprise Fleet Management and its affiliate, Enterprise Holdings, together offer a total transportation solution. Through an extensive network of regional subsidiaries and franchise locations, Enterprise Holdings operates more than 9,000 fully staffed neighborhood and airport branch offices worldwide. Combined, these businesses, which include car rental and car sharing services, truck rental, corporate fleet management, and retail car sales, accounted for $19.4 billion in revenue and operated more than 1.7 million vehicles throughout the world in fiscal-year 2015.

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YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1957

Founded as Executive Leasing Company with a fleet of seven cars.

1962

Executive Leasing Co. adds a rental car business division with a fleet of 17 vehicles. The company also starts a car sales division.

1969

Executive Leasing expands beyond St. Louis and changes its name to Enterprise Leasing.

1989

Company's name changes from Enterprise Leasing to Enterprise Rent-A-Car to reflect the enormous growth of its rental car business.

1992

Enterprise's leasing division becomes Enterprise Fleet Management, focusing on serving businesses with small- to mid-sized fleets.

1997

Becomes first fleet management company to win the Automotive Service Excellence (ASE) "Blue Seal of Excellence."

2004

Manages fleet of 135,000 vehicles.

2005

Manages fleet of 150,000 vehicles.

2008

Launches comprehensive environmental platform.

2009

Enterprise Holdings is created as the parent corporation for its growing portfolio of car rental and transportation services.

2010

Enterprise Fleet Management is financially restructured to become an affiliate of Enterprise Holdings.


Opens its first location in Canada.

2013

Manages fleet of 250,000 vehicles.

2014

Manages fleet of 300,000 vehicles.

2015

Announces investment in information technology solutions, totaling $100 million.


Receives ASE Blue Seal of Excellence for the 19th consecutive year, an industry record.


Opens 53rd full-service location in North America.


Manages fleet of 425,000 vehicles.


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LeasePlan USA
Founded in 1983
www.us.leaseplan.com
LeasePlan is a fleet management provider operating in 32 countries and managing 1.5 million vehicles worldwide.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1983

LeasePlan USA becomes wholly owned subsidiary of LeasePlan Corporation, N.V.

1990

LeasePlan's Truck Division established.

1994

First document imaging system installed, beginning LeasePlan's paperless operations.

1995

Accident management team becomes I-CAR Gold certified.

1997

FleetDesk driver contact center introduced.

1998

LeasePlan USA receives its first ASE Blue Seal Certification.

1999

Online fleet management tool ePlan launched.

2000

Acquired Consolidated Service Corporation (CSC).

2003

Launched Network vehicle management services.

2003

reDrive, driver sale program, launched.

2005

Introduced eRepair online maintenance and repair tool.

2006

GreenPlan program introduced.

2007

LeasePlan Cares community outreach program begins supporting the Atlanta Children's Shelter and Shelter, Inc. in Chicago.

2007

LeasePlan launches telematics.

2008

Michael Pitcher appointed president and CEO of LeasePlan USA.

2008

Auto insurance product launched.

2008

10 million+ imaged documents in ePlan.

2008

ePlan for Drivers goes live.

2009

Introduced PartnerPlan, an open-calculation lease to the U.S.

2009

First LeasePlan account manager completes CAFM certification.

2009

SafePlan comprehensive risk management program introduced.

2011

LeasePlan USA named No. 1 Workplace in Atlanta by AJC.

2012

LeasePlan launches ePlan mobile and MyDocs.

2013

LeasePlan USA once again named No. 1 Workplace in Atlanta by AJC.

2014

LeasePlan expands in North America with addition of Canada.

2015

LeasePlan offers 3D coverage, a bundled risk management program.

2015

LeasePlan N.V. reaches 1.5 million vehicles worldwide.

2015

CIO Nancy D'Amico named Georgia CIO of the Year 2015.


Merchants Fleet Management
Founded in 1962
www.merchantsfleetmanagement.com

For more than 50 years, Merchants Fleet Management has been providing customized, total fleet management and leasing solutions for businesses and government agencies. Merchants provides leasing terms that fit a fleet’s risk level and help provide the maximum return on investment.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1962

Irving Singer opened Merchants Motors in Manchester, N.H., with 50 used cars and a philosophy based on customer service and philanthropy.

1964

Merchants opened National Car Rental franchise.

1967

Offering automotive sales, services, and rentals led Merchants to begin statewide fleet leasing.

1974

Merchants Automotive Group created flagship location in Hooksett, N.H.

1983

Drops National Car Rental and becomes nation's largest nonaffiliated rental company.

1984

Gail Singer passed away. First annual blood drive held in her honor.

1991

Irving Singer passed away. Sons Stephen, Robert, Alan, Jeffrey, Gary, and son-in-law Michael Sydney take over the business.

2003

Expanded from regional to national by bringing in seasoned and successful executive leaders and expanded sales force.

2004

Merchants Automotive Group sold rental division and created Merchants Van & Truck Rentals.

2004

Merchants Leasing acquired Myrick Leasing.

2008

Acquired OneFleet Source in Kansas City, Kan.

2008

Merchants Van & Truck became Merchants Short-Term Solutions.

2010

Merchants Leasing acquired ALD Automotive USA.

2012

Glen Villano became CEO.

2012

Alan Singer retired from Merchants.

2012

Robert Singer became president of Merchants Automotive Group.

2014

Chicago office grand opening.

2015

Merchants Fleet Management release TotalView, the latest in analytics driven technology.

2015

Merchants Fleet Management forms a strategic alliance with Alamo Leasing.


Mike Albert Fleet Solutions
Founded in 1957
www.mikealbert.com

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Mike Albert Fleet Solutions provides fleet management programs and consultation that help turn a fleet of vehicles into a strategy that can support company goals. Mike Albert offers open- and closed-end leases, purchase/leaseback options, and a comprehensive list of fleet management services all tailored to help businesses maximize cash flow, lower total cost of ownership increase productivity, and build brand awareness.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1928

Opened first used car lot in Cincinnati.

1957

Mike Albert Leasing established as Mike Albert Autos leases its first car.

1960s

Mike Albert Service department opened for business.

1971

Mike Albert launched truck leasing department.

1972

25,000 square-foot truck terminal converted to sales, leasing, and service facility.

1977

Mike Albert Leasing opened first satellite office in Columbus, Ohio.

1984

Mike Albert relocated its corporate office to a 30,000 square-foot building in Cincinnati.

1984

Launched its full suite of fleet services.

2000

Marty Betagole named president of Mike Albert Leasing.

2007

Mike Albert celebrated 50th anniversary.

2011

New Customer Development Manager roles introduced to better service and support clients with dedicated advisors.

2012

Mike Albert repositioned as Mike Albert Fleet Solutions.

2013

Acquired vehicle rental assets of D&L Leasing.

2014

New "POD" structure implemented to improve customer experience via a team approach.

2015

Implemented new Client Satisfaction surveys and scoring for validation and process/product improvements.


Union Leasing
Founded in 1955
www.unionleasing.com
Union Leasing offers a comprehensive suite of fleet management solutions including vehicle acquisition, leasing, fleet management & consultation, maintenance & fuel programs, vehicle remarketing, and flexible-term truck rental solutions. Union serves a broad range of small- to mid-size fleets in commercial, industrial, and rental car industries.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1946

Lawrence Faul opened his first automotive showroom in Harvey, Ill.

1955

The Faul Group's first commercial lease deal signed for two 2-axle trucks.

1958

The Faul Group's growing leasing business is named "Union Company" as it originally caters to the leasing needs of Chicago labor unions.

1969

The leasing business is renamed "Union Leasing" to better reflect the nature of the business.

1976

Union Leasing began offering open-end leasing options.

1984

Union Leasing acquired the lease portfolios of ABC Leasing, Carlisle Leasing, and Cadi Leasing.

1989

The Faul Group sold Union Leasing to Chicago Freight Car Leasing putting Union under the ownership of the Sasser family and diversifying their portfolio of rail-based businesses.

1989

Union Leasing moved headquarters to Schaumburg, Ill., a suburb of Chicago.

1994

Original Union Leasing founder Lawrence Faul passes away.

1996

Union Leasing expanded into leasing to rental car companies.

1999

Union Leasing expanded into leasing to the government segment.

2007

Kent Boskovich named president of Union Leasing.

2007

Kent Boskovich accepts appointment as director of lessors for AFLA.

2007

Mark Conroy, VP of Sales and Marketing accepted appointment as the president of AFLA.

2007

Union Leasing launched in-house maintenance management and fuel services department.

2010

Union Leasing launched web-based fleet management portals, myFleetLink and myDriverLink.

2011

Sasser Family Holdings, Inc. established to realign the global organization and to better support the needs of the individual businesses.

2013

Union Leasing, and its sister companies celebrated the 85th anniversary of the founding of its fourth-generation family-owned business.

2013

Union Leasing acquired Express 4x4 Truck Rental and begins offering flexible-term truck rental solutions.

2015

Team Union recognized for the third-consecutive year as a Top Corporate Team in Illinois by the National MS Society for fundraising more than $100,000 for the NMSS since 2010.

2015

Rhonda Zielinski named senior vice president of sales and marketing at Union Leasing.



Wheels Inc.
Founded in 1955
www.wheels.com
Wheels is an experienced automotive fleet leasing and management company that provides organizations
around the world with company cars and trucks along with state-of-the-art services and support.

YEAR

ACQUISITIONS/OWNERSHIP CHANGES, MILESTONES

1939

Zollie Frank founded Wheels, Inc.

1953

Helped found American Automotive Leasing Association (AALA).

1954

Offered cost-plus leasing.

1956

Began conducting business in Canada.

1957

Developed courtesy delivery system.

1959

Created industry's first leasing program for trucks.

1960

Introduced computerized fleet vehicle ordering.

1965

Began conducting business in Puerto Rico.

1972

Began issuing fuel credit cards.

1972

Introduced maintenance management for open-ended leases.

1974

Jim Frank named president and CEO.

1974

Began electronic transmission of vehicle orders to manufacturers.

1975

Developed nationwide vendor network with maintenance and collision repair shops.

1979

Created fleet industry's first client electronic reporting tool.

1982

Initiated commercial paper financing, achieved A-1 rating from S&P.

1985

Introduced vehicle registration renewal service.

1995

Entered global fleet consortium covering more than 30 countries.

1996

Established first online accident management system.

1998

Began conducting business in Mexico.

1998

Launched DriverView online driver ordering system.

1999

Released FleetView online fleet management tool.

2000

Introduced fleet's first online motor vehicle record (MVR) system.

2003

Invented fleet's first automated vehicle replacement decision tool.

2004

Developed online upfit equipment ordering tool.

2004

Created WheelsDirectonline used-vehicle sale program.

2006

Invented online violations payment system.

2007

Introduced Paperless Office, first truly virtual fleet office.

2008

Introduced collection of guided analysis tools including expense comparison and budget projection capabilities.

2009

Introduced Application Coding.

2009

Formed strategic partnership with ALD Automotive.

2010

Introduced EcoWheels green driver challenge.

2010

Daniel Frank named president of Wheels Services.

2011

Introduced Selection Modeler online tool.

2012

Introduced ChangeDriver online driver motivation tool.

2013

Invented Sentinel, procurement-focused performance tool.

2014

Celebrated its 75th anniversary.

2014

Wheels Recall Program released.

2015

Introduced updated online fleet management tool, FleetView.

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