EDEN PRAIRIE, Minn.--23 May 2011-- GE Capital Fleet Services today announced it launched a new interactive eco website, dedicated to alternative vehicles and services. The website provides information, tools and educational materials to serve as a resource to help companies with greening their vehicle fleets.
NORWALK, Conn.--17 May 2011-- U.S. chief financial officers (CFOs) of middle-market companies are becoming more positive on the state of the industries in which they operate, as well as on the outlook for growth, according to the latest GE Capital survey of middle-market CFOs. In fact, their level of optimism has increased substantially since they were first surveyed in January 2010.
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EDEN PRAIRIE, Minn.--16 May 2011-- GE Capital Fleet Services today announced $59 million in identified customer cost savings for the first quarter of 2011. GE Capital Fleet Services helps customers identify ways to cut costs and optimize returns on their fleet investments through complimentary analytics and consulting services. Total identified cost savings for customers in 2010 totaled $326 million.
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EDEN PRAIRIE, Minn.--09 May 2011-- Corporate fleet managers rate higher and more volatile fuel prices as their top concern in 2011, according to a recent survey conducted by GE Capital Fleet Services. More than a quarter of respondents (29 percent) said the recent spike in fuel prices has made this issue their top concern, up from 12 percent a year ago.
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Hoffman Estates, IL ― GE Capital's Commercial Distribution Finance (CDF) business today announced its completion of a $50 million credit facility for iGov.com, an information technology (IT) systems integrator for government customers. The facility will provide inventory floorplan, working capital and purchase order financing credit for existing and future federal government contracts.
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Provides detailed, real-time monitoring of retail activity across large networks
HOFFMAN ESTATES, IL -- GE Capital, Commercial Distribution Finance (CDF), the leader in floorplan financing to thousands of dealers in North America, is enhancing its online business intelligence tool for technology distributors and manufacturers of large-ticket durable goods. Analytics Online provides detailed metrics and real-time reports on retailers in more than 10 industries, including marine, motorsports, electronics and appliances, and lawn and garden.
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EDEN PRAIRIE, Minn.--27 April 2011-- GE Capital Fleet Services announced today that its Environmental Performance Services with Mobile Resource Intelligence were reapproved as a GE ecomagination product, confirming the significant operating and environmental performance improvements they deliver to customers. As part of the GE ecomagination portfolio, they are reviewed regularly to confirm their performance claims.
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Rising diesel prices, a driver shortage, complying with government regulations and maintaining aging fleets are significant concerns
IRVING, TX -- Nearly three-quarters (71%) of trucking company executives surveyed by GE Capital, Transportation Finance expect business conditions to improve in 2011 but they are concerned about the impact of external and internal factors on their profit margins. The rising price of diesel, a nationwide shortage of drivers and the twin costs of complying with government regulations and maintaining their own aging fleets are all significant concerns.
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EDEN PRAIRIE, Minn.--18 April 2011-- GE Capital Fleet Services today announced the results of its 16th annual fleet passenger car maintenance study, which found that overall fleet car maintenance costs remained flat in 2010 compared to 2009. Maintenance costs stabilized due to an increase in vehicle replacement in 2010.