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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•June 17, 2020

Hertz Suspends Plan to Issue New Shares

Hertz was advised by the SEC’s Division of Corporation Finance that it intended to review the plan, at which point the plan was suspended.

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Articles•by Staff•June 17, 2020

Small Car Rental Companies Pivot to New Business

Independent and franchised car rental companies are adjusting to new realities during the pandemic with makeshift contactless rentals, deliveries, creative car cleaning, and goodwill to competitors. While policies are relaxed, the trick is to avoid getting burned.

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News•by Staff•June 17, 2020

Enterprise's Taylor Addresses Racial Discrimination, Need to Spur Change

After weeks of discussions with Black colleagues across the organization, Enterprise's CEO Chrissy Taylor announced more funding for diversity training and community development, paid time off for employees to volunteer for community causes and other endeavors.

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News•by Staff•June 17, 2020

HyreCar: Rental Days Rebound to Pre-COVID-19 Growth

The company reports a new high with over 79,000 rental days in May while moving its insurance liability programs to Lloyd’s Apollo 1969 syndicate, a gig economy provider.

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News•by Staff•June 15, 2020

Avis Budget Group Appoints Joe Ferraro CEO

After a stint as interim CEO, Ferraro spent five years as president of the Americas division, responsible for the company’s Avis, Budget, Payless, and Zipcar brands in North and South America, including Latin America and the Caribbean.

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News•by Staff•June 12, 2020

Hertz Bankruptcy Court Approves $1B Stock Sale

Hertz says the recent increases in its stock “present a unique opportunity for its debtors to raise capital on terms that are far superior to any debtor-in-possession financing.”

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News•by Staff•June 12, 2020

Hertz Launches Double Points Reward, Enhances Sanitation

Data suggests that the COVID-19 lockdown has spurred a new wave of enthusiasm for staycations and road trips, and more Europeans would prefer to avoid public transportation due to safety concerns.

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News•by Staff•June 11, 2020

Rate Analysis: Europe Showing Signs of Recovery

RateGain analyzed rate data from airport locations in Europe, finding that advanced reservations for July are showing the first signs of recovery.

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News•by Staff•June 10, 2020

Hertz Requests Hearing on Potential NYSE Delisting

The potential delisting pertains to New York Stock Exchange regulations that require the average daily closing price of the company’s stock to be more than $1 a day over a consecutive 30-day trading period.

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News•by Staff•June 10, 2020

Avon Demonstrates New Disinfectant Process

Avon Car Truck and Van posted a YouTube video that demonstrates the application of Electro-Biocide, an EPA-registered disinfectant proven effective against SARS-CoV-2.

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