David Kilduff News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Dawit Habtemariam, Business Travel News  | | Some travel managers have said their employees have run into situations where they couldn't reserve a vehicle. Photo Credit: Alexfan32/Shutterstock.com The beginning of the recovery of demand in the car rental industry after the Covid-19 pandemic has sparked one consequence for business travelers: a lack of availability for shorter, last-minute rentals, a result of changing travel patterns, car rental revenue management strategies and, in some areas, a rental car shortage.  "That's so frustrating for corporate clients, especially our field tea...

Share Car rental and ground transportation providers are responding to the “acceleration” in interest among corporates in reducing their carbon emissions since the start of the Covid-19 pandemic, according to Advito principal Olivier Benoit. While air has been the primary focus for reducing emissions, followed by hotel, corporates have become more carbon-conscious across all supplier categories. “They are now looking more into car and rail,” Benoit said. “They are moving from a pure air [strategy] to a multimodal approach.” Corporates are asking, “How can I pick ...

Some rental car companies unloaded idle vehicles in 2020 in order to provide much-needed revenue while facing an uncertain future. Now, those same companies are struggling to rebuild fleets as

By Dawit Habtemariam, Business Travel News  | | "Can you even get a reservation?" "How long are you willing to stand in a line?" Those are some of the questions business travelers may have to ask this summer if car rental suppliers don't have enough vehicles available to service them, according to DK Consulting Group CEO David Kilduff. If travel resumes faster than expected, some car rental companies -- managing already reduced fleets -- may come up short due to ongoing small fleet orders and a global shortage of semiconductors, which are critical components in car manufacturing. Suppliers a...