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News•by Staff•November 11, 2020

Hertz Expands Subscription Service Nationwide

Hertz My Car provides three all-inclusive subscription tiers that offer a variety of vehicles to fit customers' budgets and includes liability protection and premium roadside assistance.

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Articles•by Lauren Fletcher•November 11, 2020

Last-Mile's Growing Impact on Retread Tires

Truck fleets have spoken, and the use of retread tires is growing in popularity. Medium-duty, last-mile fleets are seeing it to promote sustainability and reduce fleet tire costs, too.

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News•by Staff•November 10, 2020

Freightliner Passes 500,000 Real-World Electric Miles

The 38-vehicle fleet of battery-electric Freightliner eCascadias and eM2s have surpassed 500,000 miles in real-world operation by Freightliner customers.

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News•by Staff•November 10, 2020

Bimbo Bakeries Orders More Electric Trucks from Motiv

Bimbo Bakeries has renewed its partnership with Motiv Power Systems with a follow-up order of 100 electric walk-in vans after a successful year-long pilot program.

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News•by Staff•November 10, 2020

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements

Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.

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News•by Staff•November 9, 2020

Hertz Secures $4B for Fleet Financing

The financing, expected to be structured as an asset-backed securitization short-term facility, will fund the purchase of about 229,000 vehicles in 2021.

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News•by Staff•November 8, 2020

KAR Expands Data-Powered Recommendations with TradeRev Partnership

KAR Auction Services has amplified its “recommendations carousel” on ADESA.com to include dealer trade-ins from TradeRev

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News•by Staff•November 8, 2020

Manheim Runs Pilot Program for Physical Sales

The restart of physical auction sales will look different for each location and comes with limitations intended to protect the health and safety of team members and clients.

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News•by Staff•November 5, 2020

Transervice Partners with Day & Ross on Maintenance Services

The on-site facility established by Transervice maintains approximately 47 tractors, one straight truck, one light-duty van, and 127 dry trailers.

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News•November 5, 2020

EVs to Achieve Production Cost Parity by 2024

According to research by investment bank UBS, the extra cost to manufacture electric vehicles versus traditional internal combustion vehicles will decrease to $1,900 by 2022 and disappear completely by 2024.

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