Go behind the new Wheels and learn what went into selecting the new merged fleet management company’s name, values, tagline, and what to expect going forward in this video interview with company president Matt Dyer.
The three companies bring together a collective 180+ years of fleet management experience under a new singular brand.
What does the newly combined fleet management powerhouse have in store for customers? Find out from its CEO its plans for a changed fleet market.
A top priority for the two merged companies is to develop a common fleet platform. Currently, each legacy company continues to operate on separate platforms. Following a six-month study, here’s the strategy they unveiled.
Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.
The earlier COVID lockdowns precipitated a perfect storm that amplified pandemic-induced labor constraints and that exacerbated the pre-existing shortages of automotive service techs and CDL drivers for Class 3-8 trucks.
This move will extend service offerings for Select 1 Transport by adding a fleet of open car haulers and expand new product delivery capability for OEMs, with a presence on the West Coast.
The four senior vice presidents take on key roles within a much larger company since AAA was acquired by XLerate Group in December 2021.
FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
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