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.
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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.
The company has laid off or furloughed 21,000 employees as a result of the coronavirus pandemic. April revenue is trending down 80% from the prior year. Similar trends are expected in May, but the company “expects a gradual recovery thereafter.”
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The changes expand the pool of businesses eligible to borrow and lowers the minimum loan size.
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The American Car Rental Association is working on a program to reduce debt or fleet sizes, encourage MAG relief at airports, liability protection, and a tax credit for travel purchases.
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The layoffs affect workers in Missouri with the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, as well as Enterprise Fleet Management.
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Essential workers include medical personnel, public safety workers, and others with government documents.
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The franchisee initiatives are part of a NuVinAir program that supplies materials and customer service to the company’s franchisees who, in turn, can assist frontline workers who are combating COVID-19.
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The integration will allow dealerships to book Uber rides directly through the DriveItAway administration dashboard with a fully integrated lookup, and specify pick up and drop off locations on behalf of customers.
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In an SEC filing, Hertz disclosed it has missed lease payments. Some lenders have been supportive, while others have not yet offered “sufficient support for the required waivers.”
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The new safety procedures include the installation of protective screens, social distancing messaging, and the use of personal protective equipment.
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Euopcar will release Quarter 1 results May 5, after the closing of the stock exchange.
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