MENU
SEARCHFSNA opened new rental locations at Pittsburgh International Airport and Hilo International as in-terminal operations, and has also moved pre-existing off-airport operations at Raleigh-Durham International Airport and Charlotte Douglas International Airport to in-terminal operations.
Franchise Services of North America (FSNA) announced March 18 that Adreca Holdings Corp., a subsidiary of Macquarie Capital, has completed one of the scheduled acquisitions of additional on-airport and off-airport concessions from Hertz Global Holdings.
The additional airport concessions are a result of the acquisition by Adreca of the Advantage Rent-A-Car brand from Hertz in December 2012.
As a result of the acquisition, Adreca opened new Advantage rental locations at Pittsburgh International Airport (PIT) and Hilo International (ITO) as in-terminal operations, and has also moved pre-existing off-airport operations at Raleigh-Durham International Airport (RDU) and Charlotte Douglas International Airport (CLT) to in-terminal operations.
Adreca's acquisition of the remaining additional airports and certain other divested assets from Hertz is expected to be completed by August 2013. Adreca will be Hertz's sole divestiture partner in conjunction with the dispositions required to be made by Hertz by the consent decree issued by the U.S. Federal Trade Commission, previously detailed in the Company's Nov. 20 announcement.
Related news: FSNA Reports 2012-2013 First Quarter Revenue
Rental operators can now detect and act on speeding while vehicles are still on rent, thereby reducing fines, admin workload, vehicle wear, and safety risks.
Read More →
Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.
Read More →
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
Read More →
LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
Read More →
The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.
Read More →
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Read More →
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
