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Hertz to Sell Donlen for at Least $875 Million
Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of Donlen to Athene Holding.
Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of Donlen to Athene Holding.
Merchants Fleet is launching a national fleet leasing and rental program for logistics brokers through a new partnership with a third party administrator for final-mile delivery companies.
Element Fleet Management announced that Virginia Addicott has joined the Company’s Board of Directors. She brings a wealth of experience in transportation, shipping and logistics, as well as a proven track record as a digital transformation leader.
Merchants Fleet is expanding its fleet team offering services to logistics and delivery companies in response to a rise in ecommerce business, and a national increased demand for delivery vehicles, as well as the associated services required to manage and maintain them.
Holman Enterprises has named Chris Conroy as its next president and chief operating officer, along with a series of executive appointments that will support the organization’s continued evolution.
LeasePlan and smart charging partner PowerD, today launched “ChargeUpNow,” a global initiative calling on local and national policymakers to implement five specific policy recommendations to ensure a universal, affordable and sustainable charging infrastructure.
Merchants Fleet earned its sixth consecutive recognition by Business NH Magazine’s Best Company to Work For, earning the company a spot in the Best Companies to Work For Hall of Fame.
Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.
Merchants Fleet made Inc. magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
Merchants Fleet, Jacobs, The World Economic Forum, and Bloomberg hosted a joint webinar on how companies can take steps to embrace the change to connected automated vehicles (CAVs) and reap the benefits of this technology.
Merchants Fleet was honored as one of Chicago’s “Best and Brightest Companies to Work For” in 2020, the second year in a row the fleet management company received the honor.
The partnership will help to introduce the electric Endurance commercial pickup truck to vocational fleets in North America. Holman divisions ARI will provide fleet management services and Auto Truck Group will provide upfits for commercial applications.
Merchants Fleet and OneRail are launching a national fleet rental and leasing program for its logistics partners, which will enable business growth for the logistics partners through reduced vehicle costs.
Donlen has been named one of Chicago’s Best and Brightest Companies to Work For in 2020, which marks the sixth consecutive year Donlen is honored with this recognition.
Merchants Fleet has hired Steve DiPiero as a regional sales manager as part of the West Region, and will be responsible for client relationship management and sales.
ARI's fourth annual Best in Fleet conference was hosted at the Ritz-Carlton in Fort Lauderdale, Fla., from Nov. 5 to 7. David Feherty, television personality and former professional golfer, was the conference's keynote speaker.
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