Rollins Truck Leasing Buys UPS Leasing, Makes Logistics Alliance

Rollins Leasing Corp. and UPS Logistics Group recently signed a strategic alliance. Terms have not been disclosed yet, however, Rollins has become the preferred provider of lease and rental vehicles to Worldwide Dedicated Services, a unit of UPS Logistics Group. UPS Logistics Group also becomes the preferred provider of logistics management and dedicated logistics services to Rollins and its customers.

Additional parts of the deal include:

1) Rollins will acquire UPS Truck Leasing, which provides full-service lease and rental services to 4,000 customers from 54 U.S. facilities. It also provides maintenance services on 9,000+ vehicles.

2) Worldwide Dedicated Services (UPS Logistics Group) buys Rollins Logistics, which provides dedicated and logistics services to 100+ U.S. customers.

The deal is expected to close in early January 2000, pending regulatory approvals.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Another Ridiculous “Used Fleet Vehicle” Scandal

While media reports concentrate on the sting and the “outrage,” where’s the empirical evidence that fleet vehicles are less mechanically sound than vehicles sold from private owners?

Will IoT Herald a New Era in Fleet Efficiency?

With the ELD rule finally in effect, small fleet operators need to hunt for new efficiencies. In transportation logistics, Internet of Things (IoT) systems could have similar lasting impacts as telematics.

Will Cars Become Transportation Appliances?

The cars are still the stars, but this year’s L.A. Auto Show revealed an auto industry at a crossroads.

Job Finder: Access Top Talent. Fill Key Positions.

>