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Element Fleet Management

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October 23, 2017 - Global News

Element Fleet Management Canada Names President

Gittens

Element Fleet Management Canada has promoted its former chief commercial officer to the role of president.

Tags: Canada, Global, Promotions, Element Fleet Management, Fleet Management Companies

August 30, 2017 - Industry News

Harvey Nearly Halts Commercial Fleet Activity in Houston

Photo of a flooded Houston on Aug. 27 Courtesy: U.S. Coast Guard.

Heavy flooding from what is now Tropical Storm Harvey has disrupted commercial fleets in the Houston area, as corporations and fleet management companies have begun reaching out to their employees and fleet drivers to ensure their safety and assess damage to fleet vehicles.

Tags: Telematics, Geotab, Hurricane Harvey, Hurricanes, Natural Disaster, American Red Cross, Element Fleet Management

July 24, 2017 - Industry News

Driving Dynamics Acquires Element's CTS Training Unit

Vinciguerra

Driving Dynamics has acquired the Center for Transportation Safety (CTS) from Element Fleet Management in a deal that will expand its own fleet driver training and preserve the fleet management company's safety offering to its own clients, Driving Dynamics has announced.

Tags: Driving Dynamics, Mergers & Acquisitions, Element Fleet Management, Drivers, Driver Training, CDL, New Hire, C-Suite, Fleet Management Companies

April 25, 2017 - Industry News

Element Releases Xcelerate Fleet Management Platform

Screenshot of Xcelerate courtesy of Element.

Element Fleet Management has fully launched its new fleet management platform, Xcelerate, the fleet management company has announced.

Tags: Fleet Management Software, Fleet Management Companies, Cloud-Based Technology, Element Fleet Management

April 24, 2017 - Industry News

Element Announces Senior Leadership Changes

Keilty

Sparks, Md.-based Element Fleet Management has made several changes in its senior management ranks, following the retirement of Tom Keilty as senior vice president of operations.

Tags: Fleet Management Companies, Senior Management, Element Fleet Management, Promotions

January 5, 2017 - Industry News

Element Purchases The CEI Group

Smolda

Element Fleet Management Corp. has purchased fleet safety and accident management provider The CEI Group, the company announced.

Tags: Element Fleet Management, CEI Group, Mergers & Acquisitions

August 1, 2016 - Industry News

Element Boosts Truck Team

Hewitt

Element Financial Corp. has bolstered its fleet truck sales efforts with eight new hires and promotions that include elevating Brad Hewitt to vice president of national accounts, the company announced.

Tags: Promotions, Element Fleet Management, New Hire

February 23, 2016 - Industry News

Element Hires IT Consultancy Firm

Toronto-based Element Financial Corp. has hired Tata Consultancy Services (TCS), a Santa Clara, Calif., global information technology firm.

Tags: Information Technology, Fleet Management Companies, Consultants, Element Fleet Management

February 16, 2016 - Industry News

Element to Split Into Two Companies

Element Financial Corp. is spinning off its North American commercial finance business into a separate public company to allow its fleet management business to focus on its core business and generate higher returns as a stand-alone company.

Tags: Fleet Management Companies, Element Fleet Management

December 23, 2015 - Industry News

Element Financial Closes $4.8B in Funding

File logo

Toronto-based Element Financial Corp. has closed $4.8 billion in rated asset-backed security funding that will fuel the company's aggressive move into the U.S. fleet management business.

Tags: Mergers & Acquisitions, Equity Markets, Element Fleet Management

December 10, 2015 - Industry News

Element Beefs Up Truck Fleet Sales Team

Johnson

Element Financial Corp. has appointed nine executives to its fleet sales team with the bulk of the appointments specializing in fleet management sales for commercial trucks. The appointments bring together personnel from the recent acquisition of GE Capital's fleet business, Element announced.

Tags: Fleet Management Companies, Element Fleet Management, New Hire, Fleet Executives

October 27, 2015 - Industry News

Element Fleet Signs Telematics Deal with Telogis

Cunningham

Element Fleet Management has signed a strategic global agreement that brings Telogis' connected vehicle technologies and mobile apps to the fleet management company's commercial fleet customers.

Tags: Telogis, Mobile Apps, Element Fleet Management

October 14, 2015 - Industry News

Element Further Explains Growth Trajectory

File logo

Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.

Tags: Fleet Services, Information Technology, Mergers & Acquisitions, Element Fleet Management, Fleet Management Companies

August 31, 2015 - Industry News

Element Financial Closes Acquisition of GE's Fleet Unit

Element Financial Corp. has closed its acquisition of GE Capital's U.S. fleet business and will now turn its attention toward integrating the two entities, the Toronto-based company announced Aug. 31.

Tags: GE Capital Fleet Services, Mergers & Acquisitions, Element Fleet Management

August 24, 2015 - Industry News

Element Names Webb President of Fleet Management Unit

Webb (left) and Halliday

Element Financial Corp. has tapped the leader of the recently acquired GE Capital fleet unit as president and chief executive for its U.S. fleet management company and will shift the existing president to its Toronto-based operation.

Tags: Fleet Management Companies, C-Suite, Element Fleet Management

August 5, 2015 - Industry News

Element Names Commercial Truck Center Manager

Cohen

Element Fleet Management has appointed Art Cohen as manager of its Commercial Truck Center (CTC), located in Virginia Beach, Va.

Tags: Element Fleet Management, Truck Dealers, Used Truck Sales

June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Fleet Management, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

July 8, 2014 - Industry News

Element's PHH Arval Buy Doubles Fleet Portfolio

Element Financial Corp. has finalized its acquisition of PHH Arval for $1.4 billion, a transaction that doubles the size of its managed fleet assets, the Canadian firm has announced.

Tags: Canada, Element Fleet Management, PHH Arval, Mergers & Acquisitions

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