Opinion: Rethinking Leases in the Digital, Just-in-Time Marketplace

The digital marketplace has not only reshaped the retail landscape, but also has caused a fundamental shift in the transportation industry, as companies are forced to provide the low-cost/no-cost and on-demand delivery service consumers now expect.

Anthony Sasso | President of Equipment Finance, TD Bank
November 26, 2018
Government, Business, Opinion

Opinion: New Lease Accounting Rules May Hit Smaller, Private Carriers Hardest

Updated lease accounting rules that take effect in December promise to keep finance and accounting executives busy this year.

Jennifer Wieroniey | Manager, National Accounting and Finance Council, American Trucking Associations
April 30, 2018
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

PacLease First to Offer Toll Management


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

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 | Special to Transport Topics
March 14, 2016

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 | Staff Writer
November 23, 2015

PacLease Expands to Australia


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

Transport Topics
May 18, 2015

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

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