Element Fleet Management announced the sale of approximately 60% of its heavy-duty U.S. truck portfolio for cash proceeds of $113.2 million in excess of book value. read more

SEP 7, 2017 - 7:00 am

Element Fleet Management released its Q2/17 financial results, reporting core fleet management net revenue was C$436.5 million ($344.09 million) in the first half of the year, down 2.9% from C$449.7 million ($354.5 million) in the first half of 2016. read more

AUG 11, 2017 - 7:04 am

According to a Nasdaq report, citing data from the International Financing Review, Element Fleet Management’s most recent ABS issue reached $1 billion, which effectively doubled its size. read more

AUG 7, 2017 - 7:47 am

Element Fleet Management announced its customers now have the option to integrate data provided by OnStar into its Xcelerate platform to provide diagnostic insights from properly equipped GM fleet vehicles. read more

JUL 24, 2017 - 7:47 am

Element Fleet Management closed the issuance of $1.2 billion rated term notes through Chesapeake Funding II. read more

MAY 31, 2017 - 7:51 am

Element Fleet Management reported Q1/17 finance assets were $11.1 billion, up from $10.9 billion sequentially. The company noted originations of $1.24 billion “were in line with the prior quarter." read more

MAY 11, 2017 - 7:56 am

Element Fleet Management director Paul Damp acquired 15,000 shares of the company’s stock with a total value of $145,000. read more

MAR 30, 2017 - 7:01 am

Element Fleet Management reported 2016 originations were $6.6 billion, up 40.4% from $4.7 billion a year earlier. Element’s board also approved a recommendation for a threefold increase in its annual dividend. read more

MAR 10, 2017 - 7:42 am

Element Fleet Management appointed Samir Zabaneh chief financial officer of the company effective immediately. Most recently, Zabaneh was the chief financial officer of Heartland Payment Systems. read more

JAN 10, 2017 - 6:46 am

Celadon Group entered into a joint venture agreement with a subsidiary of Element Fleet Management, which will hold leasing assets managed by Celadon's Quality Companies business unit. read more

JAN 3, 2017 - 8:41 am

DLL, Everbank’s acquisition by TIAA and Element’s split into two separate companies highlighted the top 10 news stories of the year. read more

DEC 30, 2016 - 7:44 am

ECN Capital CEO Steven Hudson purchased $18.2 million in ECN common shares. He also exercised options to purchase 300,000 shares for tax planning purposes. The purchases have a current market value of $26.6 million. read more

NOV 22, 2016 - 7:40 am

Steven Hudson, chief executive officer of Element Financial won the 2016 Entrepreneur of the Year Ontario award. read more

OCT 31, 2016 - 7:00 am

Element Fleet Management and ECN Capital announced estimates of the adjusted cost base allocation of the common shares of each entity for Canadian income tax purposes. read more

OCT 20, 2016 - 7:49 am

Kroll Bond Rating Agency assigned issuer ratings of A- to Element Fleet Management and BBB to ECN Capital, following the business separation of Element Financial. read more

OCT 5, 2016 - 6:47 am