Staff
Editorial
Our team of enterprising editors bring years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.
Editorial
Our team of enterprising editors bring years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.
Quanta Services has partnered with Ritchie Bros. to develop a new online inventory management system that will help improve how the company redeploys assets across its operating locations and subsidiaries.
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Dealers who purchase a vehicle on Manheim Express are now able to order Ready Logistics’ transportation services directly through the app.
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Bruce Beam, president of ServNet Auctions and general manager of Dealers Auto Auction of OKC, outlined some of his and the organization’s goals for the coming year.
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ACV Auctions said this acquisition furthers its mission to provide the industry with an accurate view of vehicle conditions.
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The wholesale market experienced above average depreciation last week, but there is the sentiment among remarketers that values may begin to stabilize soon.
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Former fleet vehicles sold by KAR Global's ADESA remarketing unit fell 3.2% in value in November from the prior month but remain 3% ahead of a year ago partly due to a softening wholesale market.
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The average sale price for a 3-year-old used vehicle was $14,951 less than its new equivalent in the third quarter of 2019.
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Through the partnership, more than 5,000 car dealers will gain the ability to list vehicles for sale, rent, or rent-to-own to ride share drivers who download the DriveItAway app.
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Overall car segment values decreased 1.04% last week, compared to 0.91% the week before. Overall truck segment values decreased 1.18% last week, compared to 0.88% the week before.
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This investment round brings Vroom’s total capital raised to $721 million.
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