lease
Business, Equipment

Experts Say Fleets Should Prepare for New Lease Accounting Rules

Penske Truck TT File Photo

Fleets that lease their trucks should start preparing now for new lease accounting rules that begin taking effect for public companies at the end of next year, accounting professionals and industry experts said.

Fran Matso Lysiak | Equipment Editor
November 20, 2017
Business

PacLease First to Offer Toll Management

TruckPR/Flickr

Paccar Leasing Co., a unit of truck maker Paccar Inc., is offering its lease and rental customers automatic toll billing and collection through its PacToll, program, making it the first leasing company to offer toll management nationwide.

Transport Topics
May 1, 2017
Business

New Lease Accounting Procedures Require Fleet Review, Experts Say

Ryder System

Long-awaited nationwide lease accounting standards will require fleets to take a close look at their accounting procedures to assess how the changes affect their financial decisions, industry experts said.

Rip Watson | Senior Reporter
March 14, 2016
Business

Lessors, Carriers React Positively to New Lease Reporting Standard

After years of study, the Financial Accounting Standards Board has voted to proceed with a new standard for reporting lease obligations.

Daniel P. Bearth | Senior Features Writer
November 23, 2015
Business

PacLease Expands to Australia

TruckPR

Paccar Leasing Co. has expanded its full-service truck rental and leasing business to Australia.

Transport Topics
May 18, 2015
Business

Xtra Lease to Add 9,000 New Trailers This Year

Xtra Lease

Xtra Lease has ordered about 9,000 new trailers to add to its lease and rental fleet this year.

Transport Topics
April 16, 2015
Business

Proposed Lease-Accounting Rules Changes Could Harm Motor Carriers’ Balance Sheets

An ongoing battle over proposed changes in lease-accounting rules has made it increasingly important for fleets to pay close attention to the complex and far-reaching issue, according to several industry experts.

July 1, 2013