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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.  

News•by Staff•August 13, 2018

Acertus Named Top Workplace

Vehicle logistics provider Acertus has been named one of 150 top workplaces for 2018 by its hometown St. Louis Post-Dispatch.

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News•by Staff•August 13, 2018

Cox Automotive Expands Mobility Services

Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.

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News•by Staff•August 10, 2018

'Abnormal Bounce' in Used Vehicle Values Continued in July

Used vehicle sales continued their strong performance in the wholesale market in July, as an "abnormal bounce" that began in June continued to show strength with overall values increasing in July 1.51% from the prior month, according to Manheim.

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News•by Staff•August 10, 2018

General Managers Discussing Consignor Demands at IARA Summer Roundtable

During the town hall session, four general managers from across the country will discuss commercial consignor demands and various aspects affecting physical auctions today.

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News•by Staff•August 9, 2018

Ally Financial Appoints Two Executives to Board of Directors

Brian Sharples and Trynka Shineman — two executives who have experience with global digital companies and technology — joined the board on Aug. 3.

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News•by Staff•August 8, 2018

Subcompact Cars Drive Up Used Values in July

A strong showing from the subcompact car segment drove up used vehicle values in July, bumping up the Black Book Used Vehicle Retention Index 0.5% to 113.9.

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News•by Staff•August 7, 2018

Wholesale Values Hold Strong in First Week of August

Overall, car segment values decreased 0.22% last week, compared to 0.09% the week before. Overall, truck segment values decreased 0.15%, compared to 0.19% the week prior.

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News•by Staff•August 7, 2018

Avis Grows Revenue 4% in Q2

Net income improved to $26 million and adjusted net income increased 84% to $46 million, or $0.57 per diluted share.

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News•by Staff•August 6, 2018

Hertz Reports $2.4B Q2 Revenue

For the second quarter 2018, total revenues were $2.4 billion, a 7% increase versus the second quarter 2017.

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News•by Staff•August 6, 2018

Toyota Financial Services CEO to Retire

Mike Groff will retire as president and chief executive of Toyota Financial Services (TFS) at the end of this month, and will give way to Mark Templin, who has been serving as chairman of the board of Toyota Motor Credit Corp., the captive finance company has announced.

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