Enterprise enters heavy-truck market with Hogan acquisition

1 week ago 7

Car-and-truck rental institution Enterprise Mobility announced it has completed the acquisition of motortruck lessor and dedicated relation Hogan. The woody adds rolling banal totaling much than 10,000 units to Enterprise’s portfolio and provides it an entranceway into the heavy-truck market.

Financial presumption of the transaction were not provided. Both companies are family-owned businesses based successful St. Louis, Missouri.

Hogan provides a scope of motortruck leasing and rental options connected its fleet of tractors and trailers, consecutive trucks, refrigerated trucks, and cargo vans. The institution besides provides dedicated proscription and brokerage services. Hogan has implicit 3,000 employees astatine much than 50 locations crossed the U.S.

“With an expanded portfolio that present offers each conveyance people successful North America, the concern is good positioned to present customized mobility solutions to code each customer’s unsocial needs,” said Chrissy Taylor, president and CEO of Enterprise Mobility, successful a quality release.

Enterprise Mobility – the genitor of Enterprise Rent-A-Car, National Car Rental and Alamo – was already leasing Classes 1 done 6 vehicles.

“We aren’t conscionable participating successful commercialized mobility, we’re a person successful work and breadth of offering,” Taylor said.

Hogan volition proceed to run separately nether the existent enactment team.

“Through the combination, customers of some Enterprise Mobility and Hogan volition summation entree to a wider scope of services, on with an enhanced web and fleet,” said David Hogan, president of Hogan Transports.

Hogan Truck Leasing is listed with 1,750 powerfulness units, according to Federal Motor Carrier Safety Administration data.

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