Merchants will continue to operate independently. The members of the Merchants leadership team will remain in their current roles and will be co-investors in the business.
The Northern California operation is recognized for setting a standard of excellence for the auction industry.
While many car rental companies faced steep challenges during the recent pandemic, Rabbit Rentals out of Utah fared quite well thanks to these key moves that were at the crux of their success.
Merchants Fleet is launching a national fleet leasing and rental program for logistics brokers through a new partnership with a third party administrator for final-mile delivery companies.
Merchants Fleet Management launched a new rental program with flexible terms designed for industries in need of light-duty, all-wheel drive trucks.
More SUVs, the retention of higher mileage vehicles, and new methods of remarketing are some trends fleets are observing in the wholesale market.
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