Fleet management

Demand for Redeem™ Renewable Fuel Continues, Highlighted by 6.8 Million Gallons of New Contracts; Expansions at Ports of LA and Long Beach

Retrieved on: 
Tuesday, November 5, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191105005389/en/
    More fleets are fueling with Clean Energys Redeem RNG as new contracts reach 6.8 million gallons and infrastructure expansions are underway.
  • The upgrade will increase the availability of Redeem at the nations largest alternative fuel station in Americas largest port complex.
  • The first phase of the project, which has been completed, delivers renewable compressed natural gas (CNG) through six new dispensers.
  • MDB Trucking has signed a 2-year fuel agreement for an anticipated 360,000 gallons of Redeem to fuel 24 additional CNG trucks at its Port of Long Beach operation.

Ford Motor Company Announces Planned 2020 Quarterly Earnings Dates

Retrieved on: 
Monday, November 4, 2019

Access information for the conference call will be provided approximately two weeks prior to each briefing date.

Key Points: 
  • Access information for the conference call will be provided approximately two weeks prior to each briefing date.
  • Ford Motor Company is a global company based in Dearborn, Michigan.
  • The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.
  • For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com .

Lithia Motors Welcomes Florida Stores, Expands Reach to 92% of U.S.

Retrieved on: 
Monday, November 4, 2019

Lithia Motors Inc. (NYSE: LAD) announced today the acquisition of Williams Automotive Groups Honda and Toyota stores located in the desirable Greater Tampa, Florida market.

Key Points: 
  • Lithia Motors Inc. (NYSE: LAD) announced today the acquisition of Williams Automotive Groups Honda and Toyota stores located in the desirable Greater Tampa, Florida market.
  • The partnership between the two companies establishes a base of people and stores for Lithia to grow from in the Southeastern United States.
  • We are excited to expand our presence in Florida and position Lithia for further growth in this key geographic region, said Bryan DeBoer, Lithia Motors Inc. President and CEO.
  • This latest acquisition expands Lithias reach from 82% to 92% of the U.S. and gives Lithia the broadest coast-to-coast network of any auto retailer.

Ryder Chairman & CEO to Address Stephens Nashville Investment Conference

Retrieved on: 
Monday, November 4, 2019

Ryder is a Fortune 500 commercial fleet management , dedicated transportation , and supply chain solutions company .

Key Points: 
  • Ryder is a Fortune 500 commercial fleet management , dedicated transportation , and supply chain solutions company .
  • The companys stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400 index.
  • These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions.
  • Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Cooper Tire Announces Plans to Own 100 Percent of Mexico Joint Venture Facility

Retrieved on: 
Friday, November 1, 2019

Cooper Tire & Rubber Company (NYSE: CTB) today announced that it plans to increase ownership in its Mexico joint venture tire manufacturing facility, Corporacin de Occidente S.A. de C.V. (COOCSA), from 58 percent to 100 percent.

Key Points: 
  • Cooper Tire & Rubber Company (NYSE: CTB) today announced that it plans to increase ownership in its Mexico joint venture tire manufacturing facility, Corporacin de Occidente S.A. de C.V. (COOCSA), from 58 percent to 100 percent.
  • de C.V. (TRADOC), which owns 42 percent of the joint venture, have entered into a definitive agreement under which Cooper will purchase TRADOCs stake in COOCSA.
  • In the meantime, operations at the facility, which makes passenger car and light truck tires, will continue as usual.
  • Cooper and TRADOC have been partners in the joint venture plant, which is located near Guadalajara, since 2008.

Mercedes-Benz Reports October Sales of 27,867 Vehicles, Up 1.2%

Retrieved on: 
Friday, November 1, 2019

Additionally, Mercedes-Benz Vans recorded October sales of 4,263, bringing MBUSA to a grand total of 32,130 vehicles for the month, an increase of 1.3%.

Key Points: 
  • Additionally, Mercedes-Benz Vans recorded October sales of 4,263, bringing MBUSA to a grand total of 32,130 vehicles for the month, an increase of 1.3%.
  • On a year-to-date basis, MBUSA recorded sales of 252,079 Mercedes-Benz passenger vehicles and 33,109 Vans.
  • This brings MBUSAs total year-to-date sales to 285,188 units, surpassing last years volume for the same period.
  • Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 12,221 vehicles in October, an increase of 23.3% versus last year.

South Africa Car Rental and Leasing Market Projections to 2023 by Self Drive, Cab Aggregator, Car Leasing, Minibus Taxi, Metered Taxi and Airport Transfers - ResearchAndMarkets.com

Retrieved on: 
Friday, November 1, 2019

The "South Africa Car Rental and Leasing Market Projections to 2023 - By Business Model (Self Drive, Cab Aggregator, Car Leasing, Minibus Taxi, Metered Taxi and Airport Transfers) and By End User (Mining, Logistic & Courier and Others)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "South Africa Car Rental and Leasing Market Projections to 2023 - By Business Model (Self Drive, Cab Aggregator, Car Leasing, Minibus Taxi, Metered Taxi and Airport Transfers) and By End User (Mining, Logistic & Courier and Others)" report has been added to ResearchAndMarkets.com's offering.
  • There are snapshots on the Minibus Taxi Market, Metered Taxi Market and Airport Transfers in South Africa.
  • South Africa Car Rental and Leasing market augmented positively from 2013 to 2018 at a positive CAGR during the review period 2013-2018.
  • Offline booking was the major source of bookings as compared to online bookings in South Africa car rental and leasing market.

Luxury Coach Service Vonlane to Launch First Out-Of-State Routes Between Dallas and Oklahoma City Beginning January 6th

Retrieved on: 
Friday, November 1, 2019

Vonlane , the Texas-based premium transportation company, announces its first entry into another state with the launch of service between Dallas and Oklahoma City.

Key Points: 
  • Vonlane , the Texas-based premium transportation company, announces its first entry into another state with the launch of service between Dallas and Oklahoma City.
  • Beginning January 6th, business and leisure travelers will have a new option with Vonlanes daily direct motor coach service.
  • Vonlanes Oklahoma City terminal will be at the Sheraton Oklahoma City Downtown Hotel located at 1 North Broadway Avenue, Oklahoma City, OK 73102.
  • Vonlanes schedule for motor coach travel between Dallas and Oklahoma City will begin on January 6th.

Element Receives Investment-Grade BBB Rating from Standard & Poor’s, Opening Access to U.S. Unsecured Corporate Debt Market

Retrieved on: 
Thursday, October 31, 2019

Element Fleet Management (TSX: EFN) is a leading global fleet management company, providing world-class services and financing for commercial vehicle fleets.

Key Points: 
  • Element Fleet Management (TSX: EFN) is a leading global fleet management company, providing world-class services and financing for commercial vehicle fleets.
  • The Company enjoys scale and leadership in key markets, a top-tier client base, strong cash flow and ready access to capital, and an investment-grade balance sheet.
  • Element's suite of services spans the total fleet lifecycle from acquisition and financing to program management and remarketing helping clients optimize performance and improve productivity.
  • This press release includes forward-looking statements regarding Element and its business.