Strategic Partnerships, Facility Upgrades, Financial Results and Acquisitions - Research Report on Hertz, Avis, Ryder, Air Lease, and XPO

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Sep 03, 2013, 08:00 ET

NEW YORK, September 3, 2013 /PRNewswire/ --

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Today, Investors' Reports announced new research reports highlighting Hertz Global Holdings, Inc. (NYSE: HTZ), Avis Budget Group, Inc. (NASDAQ: CAR), Ryder System, Inc. (NYSE: R), Air Lease Corporation (NYSE: AL), and XPO Logistics, Inc. (NYSE: XPO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Hertz Global Holdings, Inc. Research Report

On August 27, 2013, Hertz Global Holdings, Inc.'s subsidiary, The Hertz Corporation (Hertz) announced its exclusive global partnership with Relais & Chateaux, a leading association of world's luxury hotels and restaurants. According to the Company, the high profile, three year agreement between the duos will help the customers of both companies to avail benefits of exclusive offers and preferential rates. Michel Taride, Group President, RAC International, Hertz, said, "We are delighted to partner globally with Relais & Chateaux following on from the success of our affiliation in France. Both parties possess a long heritage of delivering high quality and great customer care and this agreement further expands the range of fantastic customer experiences on offer." The Full Research Report on Hertz Global Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/HTZ]

Avis Budget Group, Inc. Research Report

On August 12, 2013, Avis Budget Group, Inc. (Avis) announced that it has reached a definitive agreement to acquire 50% ownership stake in its existing Brazilian licensee, with an outlay of c. $50 million. According to the Company, the upcoming investment will enable it to expand its presence in the fast-growing Brazilian car rental market, and also to acquire a larger share of Brazil's domestic, international-inbound and international-outbound vehicle rental spend. Ronald L. Nelson, Avis Chairman and CEO said "Expanding our global footprint and increasing our presence in faster-growing markets are two of our key strategic growth initiatives, and investing in South America's largest economy is consistent with these goals." The Full Research Report on Avis Budget Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/CAR]

Ryder System, Inc. Research Report

On August 15, 2013, Ryder System, Inc. (Ryder) announced the opening of its state-of-the-art maintenance and rental facility in White River Junction, Vermont. According to the Company, the new facility provides state of the art maintenance and rental services for commercial vehicle fleets, to customers in an array of industries, including food and beverage, trucking, manufacturing, fuel delivery, and furniture. The Company also stated that the new facility features a full service rental counter for businesses that need commercial vehicles on a short-term basis, along with four service bays and one wash bay. John Barlow, Director of Operations for Ryder, who is responsible for the region where the new facility is located said, "We are committed to offering our growing base of customers the latest maintenance technologies, as well as a wide variety of reliable rental trucks, tractors, trailers and vans to keep their fleets up and running." The Full Research Report on Ryder System, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/R]

Air Lease Corporation Research Report

On August 8, 2013, Air Lease Corp. (Air Lease) reported its Q2 2013 financial results with revenue growth of 31.4% YoY to $207.9 million. The Company's net income for the quarter totaled $43 million, compared to $28.2 million in Q2 2012. The Company reported diluted EPS growth of 46.4% YoY to $0.41per share in Q2 2013. Steven F. Udvar-Házy, Chairman and CEO of Air Lease said, "Our strong results continued during the second quarter as we increased our fully diluted EPS by 46% compared to Q2 of 2012. With an eye towards our customers' future requirements, and ALC's long term growth, we placed a launch order for the Boeing 787-10 at the Le Bourget Airshow, which will begin delivering in 2019. The growth in overall global passenger traffic remains at or above our expectations and we continue to see steady demand for our aircraft." The Full Research Report on Air Lease Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/AL]

XPO Logistics, Inc. Research Report

On August 16, 2013, XPO Logistics, Inc. (XPO) announced that it has successfully completed the acquisition of 3PD Holding, Inc. (3PD) for c.$365 million. Bradley Jacobs, Chairman and CEO of XPO said, "Our acquisition of 3PD gives us immediate leadership in the heavy goods, last-mile space - an underpenetrated market for logistics with an exciting growth trajectory. We welcome 3PD's customers, carriers and employees, all of whom will benefit from the combined resources of our larger organization." The acquisition is expected to be significantly accretive to XPO's earnings. The Full Research Report on XPO Logistics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/XPO]

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