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Under the terms of the new five-year agreement, SuperShuttle vans will fuel up at existing and future public access Clean Energy compressed natural gas stations at major airports in Dallas/Fort Worth, Denver, New York City, Phoenix and six airports in California.
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ROUSH's propane-fueled E-Series vans can help fleet managers meet the airport's new fuel requirements. The ROUSH liquid propane injection system works on the Ford E-150, E-250 and E-350 chassis with the 5.4L, V-8 engine. Each has been EPA certified, with CARB (California Air Resources Board) approval pending.
Read More →Ronald Nelson, Avis Budget’s chairman and chief executive officer, sends a letter to Dollar Thrifty’s executives and says the company wants to make a “substantially higher offer” than Hertz.
Read More →The car rental company's worldwide revenues reached $1.7 billion, an increase of 6.1 percent from the year-ago period. Worldwide car rental revenues for the quarter increased 10.8 percent (a 7 percent increase excluding the effects of foreign currency) to $1.4 billion.
Read More →Dollar Thrifty Automotive Group Inc. reported net income of $27.3 million and Corporate Adjusted EBITDA of $49.4 million for first quarter of 2010. Dollar Thrifty's total revenue reached $348.3 million in the first quarter, compared to $362.4 million in the year-ago period.
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Seavey will be based at Hertz's corporate headquarters in Park Ridge, N.J. He will oversee the off-airport business unit, which covers insurance replacement, leisure and commercial rentals in urban and suburban markets across the country.
Read More →The car rental company moved into a new upscale facility, located in both the A and B terminals. Customers can now make an easy in-terminal walk to pick up their Hertz rental, instead of catching a shuttle bus to an off-site pick-up location.
Read More →Rental car companies at the Sioux Falls Regional Airport will soon be able to charge customers 1 percent more to go toward the contractual payments they have had difficulty paying to the airport recently, according to the ArgusLeader.
Read More →He will be responsible for the legal affairs of the company, including management of its franchising and other contracts, litigation, government relations and information security. "With his extensive and varied accomplishments as an attorney, Michael is a terrific addition to Avis Budget Group," said Ronald L. Nelson, chairman and chief executive officer of Avis Budget Group.
Read More →The deal will give Hertz an additional 1,550 locations worldwide and a total of 9,800 across six continents. Under the terms of the deal, Hertz will pay $41 a share, a 19 percent premium over Dollar Thrifty’s 30-day average stock price. The offer is 80 percent cash and 20 percent stock.
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