Thursday, March 01, 2007

Hertz Announces Second Phase of Restructuring Initiative

... as a student, I was paying my way through the university by delivering art around the world for a specialist courier company. Upon entering the hotel guestroom, it was immediately apparent that this time something was different from my last visit. ...more



Mayfair releases more details of ID policy


... handgun was sent flying over a second-floor railing. Conley said two Missouri malls operated by Mayfair's parent company, General Growth Properties of Chicago, are checking IDs as part of the parental escort policies they adopted in February. Though ...more



Dollar Thrifty posts a loss


... Thrifty Automotive Group Inc. lost almost $3 million in the fourth quarter despite higher revenue, but its CEO said the car rental business would be strong this year. Quarterly revenue was up more than 11 percent. The company said transition costs ...more



Hertz Announces Second Phase of Restructuring Initiative


February 28, 2007 -- Hertz Global Holdings, Inc. the operator of the world's largest general use car rental brand, and one of the largest equipment rental businesses in North America, announced today the second ...more

globeandmail.com : globeinvestor.com : Reuters Canada Business Summary

The cuts will be primarily in the company's car-rental operations in the United States, Hertz said.

Hertz to Cut 1,350 Jobs


Hertz Global Holdings Inc. said Wednesday it will cut 1,350 jobs as part of a restructuring plan designed to save the rental car company $125 million a year.

Hertz announces it will cut 1,350 jobs


Rental-car operator Hertz said on Wednesday it plans to cut 1,350 jobs resulting in annual savings of about $125 million as it seeks to improve competitiveness.

OLB Group to Launch ShopFast(TM) Travel for Travel, Hotel, Rental Car ...


... Group has begun the implementation of ShopFast to target the rapidly expanding internet travel marketing sector. The company anticipates the launch of ShopFast in the second quarter. The OLB Group has initiated relationships with the largest ...more



globeandmail.com : globeinvestor.com : Reuters Canada Business Summary


... three-year contract deal was unanimously recommended for acceptance by the union's bargaining team, the Swiss-based company said. It follows off-and-on talks that began on January 16 and stretched almost to the deadline with an 11th-hour overnight ...more

Tuesday, February 27, 2007

Rental Car Merger In The Works: Would You Rent a Dollar Thrifty Alamo National Taurus?



Rental Car Merger In The Works: Would You Rent a Dollar Thrifty Alamo National Taurus?


Jalopnik: A merger may be in the works between the cleverly named Dollar Thrifty Automotive Group and Vanguard Rental, which operates the Alamo and National brands. The deal could be worth as much as $3 billion and push the combined company into the No. 3 slot in the rental game, behind Hertz and Enterprise. ...more