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June 16, 2020 11:30 AM, EDT

PacLease Celebrates 40 Years in Business

Company Also Has 40,000 Trucks Being Used in Five Countries
PacLease truckUsed trucks for sale on a PacLease lot. PacLease began operating in 1980 with 17 locations. (PacLease)

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PacLease, a full-service truck rental and leasing company, reached the milestones of 40 years in business and 40,000 trucks being used.

It operates in 570 locations throughout five countries — including 450 in the U.S. and Canada. PacLease is a unit of Paccar Inc., whose U.S. truck brands are Kenworth Truck Co. and Peterbilt Motors Co. DAF Trucks is based in the Netherlands. Other locations are in Australia, Germany and Mexico, according to the Bellevue, Wash.-based company.

Starting in 1980, at the time of deregulation in the trucking industry, PacLease began its first year with 17 locations.

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“Deregulation was a big disrupter in the industry, and it created more demand from private fleets who wanted to have control of their operations,” PacLease President Ken Roemer said in a release. “PacLease fit right in with transportation solutions. The timing for our launch was great.”

As PacLease heads into its next 40 years, Roemer said leasing will continue to grow — much of it due to technological changes.

“Technology continues to grow at a pace we’ve never seen before,” he said. “With remote diagnostics, trucks tell us what’s happening prior to their arrival in the shop. This allows us to triage trucks in advance to get repairs done quickly, saving valuable drive time. Moreover, with all the data being collected on trucks, predictive maintenance versus preventive maintenance is becoming more of a reality.”— Transport Topics

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