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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.  

Newsby StaffJuly 24, 2019

Manheim Tackles Tech Shortage With Apprentice Program

Prompted by a severe shortage of auto technicians nationwide and fast-growing need by clients for the company’s reconditioning services, Manheim has launched its own apprentice program, the company announced.

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Newsby StaffJuly 24, 2019

Avis Schedules Q2 Financial Call

Investors are encouraged to dial in approximately 10 minutes prior to the call.

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Newsby StaffJuly 23, 2019

Liebert Out, Miller in as AutoNation CEO

AutoNation Inc. announced that CFO Cheryl Miller has been appointed president and CEO, replacing Carl Liebert, who joined the company in February. She becomes the first female CEO of a publicly traded automotive retailer.

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Newsby StaffJuly 19, 2019

Auction Volume Grows Slightly in June

The amount of vehicles in auction that are 5 years old or newer increased 0.3% year-over-year in June, according to J.D. Power's July 2019 Used Car and Light Truck Guidelines.

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Newsby StaffJuly 18, 2019

Credit Approvals Dip to 65% in Secondary Lease Market

Swapalease credit approvals registered 65% entering July, a drop from the 72.4% approval rate registered in May, the company announced.

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Newsby StaffJuly 18, 2019

Resale of Flood-Damaged Vehicles on the Rise

Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.

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Newsby StaffJuly 17, 2019

Used Fleet Vehicle Values Fall 2% in June

The average value of used fleet vehicles increased 1.5% to $13,758 in June from May, but remain 4.3% higher than a year ago, according to KAR Auction Services' ADESA unit.

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Newsby StaffJuly 17, 2019

Copart Adds Sixth Location in New York

Copart has opened a new location in Buffalo, New York, marking the sixth location for the company in the state, the company announced.

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Newsby StaffJuly 16, 2019

Wholesale Depreciation Among Cars Accelerated Last Week

Wholesale vehicle depreciation saw an uptick last week, as the car segment in particular saw a decrease in values, according to Black Book's July 15 Market Insights report.

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Newsby StaffJuly 15, 2019

Used Vehicle Sales Fall 3% in June

The used industry's seasonally adjusted annual rate (SAAR) was 39.8 million during June, down from the 41.1 million SAAR from the same time last year, according to Cox Automotive estimates.

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