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Fleet Management and Leasing News
GATX Q1 Earnings Call: Management Highlights Resilient Leasing Demand Amidst Macro Uncertainty
Leasing services company GATX (NYSE:GATX) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 11% year on year to $421.6 million. Its non-GAAP profit of $2.15 per share ...
Synergy Solution Group Partners with EMKAY Fleet Management
As a Synergy Partner, EMKAY is part of a vetted network that provides industry-specific value to commercial HVAC companies.
Enterprise Group Announces Results for First Quarter 2025
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"), a consolidator of energy services (including specialized equipment and services to the energy/resource sector), ...
Dubai Aerospace Enterprise completes $2bn acquisition of Nordic Aviation Capital
The company's owned and managed fleet now consists of approximately 650 aircraft on lease to 161 airlines across 74 countries ...
Avis Budget Group Logs Wider Loss as Fleet Rotation Accelerates
Avis Budget Group logged a wider loss in the first quarter as it faced charges after disposing of a record number of vehicles. The car rental agency on Wednesday posted a loss of $505 million, or $14.
Rental Cars Prop Up April Fleet Sales
In the first month after the U.S. levied steep tariffs on the automotive sector, the rental car sector got all the gains.
New car registrations tumble as fleet demand drops
Fleet registrations dropped 11.9% in April, driving a 10.4% fall across the new car market, but the latest market forecast for 2025 has been revised up.
Air lease projects $3B-$3.5B aircraft deliveries in 2025 amid strong demand
Q1 2025 Management View CEO John Plueger highlighted record results for Q1 2025, with revenues of $738 million and $3.26 in diluted EPS. Key drivers included fleet expansion, strong gain-on-sale ...
U Power Limited (NASDAQ:UCAR) Partners with Sumitomo Mitsui to Deliver Southeast Asia's First Battery-Swapping Taxi Fleet in Phuket
U Power Limited (Nasdaq: UCAR), a global leader in a global leader in green smart energy grid innovation, announced that its Thai subsidiary, USWAP Co., Ltd., has successfully delivered 21 ...
Zenobē arrives in North America with a 500 unit EV deal in Canada [part 4]
EV and battery storage specialists Zenobē have inked a deal with Canadian leasing company 7Gen to fund more than 500 electric trucks.
Seasonal fleet replacement cycles return for rental companies
The UK’s corporate rental industry is returning to pre-Covid levels of seasonality, according to Liquid Fleet.