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VELOCITY TRUCK RENTAL & LEASING COMPLETES ACQUISITION OF AUTOW NATIONALEASE TRUCK RENTAL, INC.

VTRL Autow merger

September 3, 2024

P R E S S R E L E A S E

Velocity Truck Rental & Leasing (VTRL) is pleased to announce that the company has added capacity in the Southeast with the acquisition of Autow Nationalease Truck Rental, Inc. This acquisition extends VTRL’s reach into Tennessee from California, Arizona, Nevada, Northern Alabama and British Columbia.

Over the past 62 years AUTOW has developed an impeccable reputation for total customer focus and excellent service to their full-service leasing, commercial truck rental and repair services customers from their three locations in Tennessee and Alabama. We are proud to maintain the Autow name, existing staff and customer focused culture in these markets with the overall goal of continuing to provide the first-rate service and flexibility our customers have come to expect.

The VTRL-Autow network now consists of 15 locations across the US and Northwest Canada. In all our locations we focus on operating leases tailored to customer needs, late model rental trucks and customized vehicle maintenance programs.

David Deon, President of VTRL, says, “I am pleased to welcome Autow Nationalease to the Velocity family. It has been a pleasure to work with Lee Harlan and the Autow leadership throughout this process. The continuity of the Autow team will allow us to maintain excellent customer service and relationships while being supported by the resources and functional teams of the VTRL organization. I look forward to working together to carry on the Autow tradition of great local customer support in Middle Tennessee and Alabama.”

Lee Harlan, President & CEO of AUTOW Nationalease, says, “Velocity and AUTOW share a very similar culture and approach towards supporting customers and developing associates. Joining Velocity will offer many new opportunities for growth across an expanded network. I’m excited for the future of Autow and to see how it continues to grow in other areas of the Southeast. I could not have selected a better organization to carry the AUTOW name forward.” 

Please forward any questions to Omar Besiso at obesiso@velocitytruckrental.com.