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Unprecedented Supply Constraints Disrupt 2021 OTD

Unprecedented Supply Constraints Disrupt 2021 OTD

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.

October 11, 2021

LeasePlan, Otonomo Partner to Leverage OEM Data
Bohnen Joins American Midwest Fleet Solutions as Major Project Manager

Bohnen Joins American Midwest Fleet Solutions as Major Project Manager

Brad Bohnen was named major project manager for American Midwest Fleet Solutions - A Safe Fleet Company. He assumed this position in June 2021. Prior to this, Bohnen was Head of Fleet Management - North America for Ericsson Inc. in Overland Park, Kansas. He served in this position for almost 12 years.

June 13, 2021

All Assets of Sutton Leasing Acquired by Hilco Global

All Assets of Sutton Leasing Acquired by Hilco Global

Hilco Global, specializing in asset valuation, monetization, and advisory solutions, announced on May 24 2021, that it’s commercial-industrial team has acquired all of the assets of Sutton Leasing, a fleet leasing company based in Sterling Heights Mich., in a multi-million-dollar transaction which closed on May 7, 2021

May 25, 2021

Mark Petersen Joins  Syneos Health

Mark Petersen Joins Syneos Health

Mark Petersen was named senior fleet compliance analyst at Syneos Health. Previously, Petersen worked for Element Fleet Management from 2019-2021 as the fleet manager for Allied Universal, which outsourced the management of its fleet to Element.

April 28, 2021

Merchants Fleet is BrightDrop's First Fleet Management Customer
Element Fleet Management Names New CFO

Element Fleet Management Names New CFO

Element Fleet Management has appointed Frank Ruperto as its chief financial officer, who will assist Element in the execution of its organic growth strategy, according to the company.

January 13, 2021

Hertz to Sell Donlen for at Least $875 Million
Trends Influencing Remarketing Strategies of Commercial FMCs

Trends Influencing Remarketing Strategies of Commercial FMCs

Remarketing professionals at several leading FMCs are observing a strong truck market in the wholesale market, a continued shift of fleet portfolios moving toward more crossovers/SUVs, and an increase in digital auction activity.

October 26, 2020

Merchants Fleet Expands Delivery Fleet Program

Merchants Fleet Expands Delivery Fleet Program

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.

October 19, 2020

Element Appoints Former FedEx Executive to Board of Directors

Element Appoints Former FedEx Executive to Board of Directors

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.

October 8, 2020

Merchants Fleet Expands Logistics Fleet Team

Merchants Fleet Expands Logistics Fleet Team

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.

October 8, 2020

LeasePlan Launches Universal EV Charging Infrastructure Initiative

LeasePlan Launches Universal EV Charging Infrastructure Initiative

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.

September 22, 2020

Merchants Named a ‘Best Company to Work For’

Merchants Named a ‘Best Company to Work For’

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.

September 15, 2020

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