News

Global Fleet•by Staff•June 5, 2018

Element’s Australian Subsidiary Secures $1B in Funding

Custom Fleet has secured a $1 billion borrowing facility which will provide funding to facilitate continued growth of its business.

Safety•by Marianne Matthews•June 5, 2018

Age Skews Autonomous Vehicle Safety Opinions

Nearly six in 10 Americans believe self-driving vehicles are not as safe as those operated by human drivers, and 55% wouldn't be willing to ride in an autonomous vehicle today, according to a recent survey.

Operations•by Staff•June 5, 2018

Acertus Emerges From MetroGistics Acqusitions

MetroGistics has rebranded itself as Acertus to reflect its acquisitions of McNutt, AmeriFleet, and Metro Title Services in recent years as the vehicle logistics provider moves to position itself as a one-stop shop for vehicle lifecycle solutions.

Vehicle Research•by Paul Clinton•June 5, 2018

Toyota Sets Ordering, Delivery Dates for 2019 Vehicles

Toyota has released dates for when commercial fleets can begin placing orders for its 2019 model-year lineup as well as dates for when deliveries of those vehicles are expected to begin.

Vehicle Research•by Staff•June 5, 2018

Commercial Fleet Sales Increase 2.1% in May

Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.

Fuel•by Paul Clinton•June 4, 2018

Gasoline Prices Fall to $2.95 Per Gallon

The national average price of a gallon of regular unleaded fell two cents to $2.95 for the week ending June 4 during a week that saw the first price decline since the middle of March, according to AAA. The decline followed a slight dip in oil consumption from a year ago.