
BBL Fleet Acquires Velcor Leasing Corporation
BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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Australian market September sales figures reveal all buyer segments are up compared to same time in 2020.
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A consortium led by investment firm TPG Global has offered to acquire 100% of Australian-based specialist management services company Smartgroup for $1.38 billion.
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The best practices, improvements, and lessons learned from the pandemic emphasize the focus fleet companies place on driver retention.
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Upfitting a vehicle is a process that requires thought and consideration. It is essential that fleet managers and all suppliers collaborate on upfits. In the final analysis, there are four proven strategies that will expedite OTD for upfits.
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Upfitters have been battered by inconsistent chassis deliveries from the OEMs, back-ordered parts, widespread labor shortages, constraints on ordering pre-fabricated parts, and higher expenses for aluminum and steel.
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There were a slew of OEM‐related ordering, production, and cancellation challenges. Throughout the model-year, there were large shifts in buildout times as well as a number of post‐buildout cancellations of accepted orders.
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A $229 million investment across three Kokomo, Ind., plants will help production of electrified eight-speed transmissions as Stellantis looks to reach its electrification goals.
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The Director of Fleet Strategy and Operations for Terminix was honored at the 2021 Fleet Visionary Awards ceremony at the 2021 AFLA Conference in San Antonio.
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The agreement with Cox gives ELMS customers access to more than 6,000 service centers, 3,000 partner locations and 800 mobile technicians nationwide.
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At the annual Automotive Fleet & Leasing Association convention, FujiFilm Holdings Treasury & Fleet Director Jim Petrillo was named Manager of the Year by Automotive Fleet Magazine.
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