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Fleet Management and Leasing News
United Airlines Surges Over 10% Following Robust Earnings Forecast; Adjusts 2024 Fleet Plan Due to Boeing Delays
United Airlines stocks rose more than 10% on Wednesday morning. This happened because the airline predicted it would earn a lot more money in the second quarter than what people on Wall Street thought ...
Dobbs Leasing Named as PacLease North American Franchise of the Year
Dobbs Leasing, headquartered in Sumner, Washington, began operating as a PacLease franchise in 1987 and has since grown to 15 locations in seven states.
Penske Truck Leasing unveils artificial intelligence tool to manage fleets
Catalyst AI will integrate more than 57 billion data points, Ann Walsh, Penske's senior vice president of digital and customer data, said in a company statement. The tool is based on an algorithm, ...
Penske launches Catalyst AI for fleet performance insights
Catalyst AI allows fleet managers to compare their own performance to that of similar fleets across Penske’s database.
From Analog To Algorithm: How AI Is Transforming Fleet Management
AI unlocks the true potential of telematics data by using machine learning to unearth hidden patterns and optimize everything from fuel consumption to routes to ...
Digital Transformation: How Fleet Management Companies Can Provide A More Customer-Centric Approach
Aarjav Trivedi is the founder and CEO of Ridecell, a leading intelligent automation platform for fleets.
United Says It's Changing Its Boeing Fleet Strategy Due to Safety Delays — What to Know
The change, United's CEO said, will "better reflect the reality of what the manufacturers are able to deliver." ...
Cleantech NBFC AMU records three-fold revenue growth, plans to raise Rs 400 crore to fund 1 lakh Electric Vehicles by FY25-26
In the previous Financial Year, the cleantech financing platform reported a revenue of Rs 20 crore and raised Rs 97 crore to support over 200 MSME partnerships, comprising individual drivers, fleet ...
Halo.Car Starts Beta Program for Remote Driven Vehicles
Vehicles equipped with its driving technology can be remotely connected to and driven over LTE and 5G which will help streamline operations and save on costs.
Fleet Advantage to Unveil Unbundled Full-Service Lease Comparative Index at Annual NPTC Conference
At the National Private Truck Council’s upcoming 2024 Annual Conference and Exhibition, Fleet Advantage will be unveiling its newest data resource: the Unbundled Full-Service Lease Comparative Index ...
United posts $164m 1Q24 loss, will lease 35 A321neos in place of 737 MAX 10s
United Airlines has posted losses of $164m for the first quarter of 2024, and has announced that it will lease 35 A321neos in place of delayed 737 MAX 10s ...
EuroAtlantic seeks to expand fleet as it secures funding commitment from shareholder
Portuguese wet-lease specialist EuroAtlantic Airways has secured a commitment for additional funding from its controlling shareholder, Njord I-Jet, as it looks to expand its fleet under a new ...
Luxury And Exotic Car Sales Plunge In Korea After Company Cars Forced To Wear Green License Plates
Rule change means all company vehicles over $58k need the distinctive plates and it’s a big tax and status turn-off for wealthy Koreans ...
United Airlines Posts Smaller-Than-Expected First Quarter Loss, Updates Fleet Plan
United Airlines (UAL) late Tuesday reported a smaller-than-expected first-quarter loss despite a $200 million hit from the temporary grounding of the Boeing (BA) 737 Max 9, while the airline updated ...
Fleet Advantage Announces Staff Promotions In Operations, Remarketing, & Dealer Services
Fleet Advantage has named a new Fleet Director of Operations and Off Lease, Remarketing Operations Manager, and Manager of Dealer Services and Operations Administration.
Fattore focuses on fleet at Mitsubishi
AFTER more than seven years with Mitsubishi Motors Australia Ltd (MMAL) in various management positions, Fulvio Fattore has been deployed to the position of deputy director of fleet and mobility ...
Hybrid car drivers exploit loophole to double tax benefits
Hybrid electric company cars are surging in popularity, with their uptake almost doubling in a year ...