lease

Technology

How Reimagining Your Full-Service Lease Can Save You Millions

Fleet Advantage

Separating a FSL can save between 15%-25% in operating cash. Why give away cash that you will never get back? Scrutinizing every detail of your fleet’s lease structure is key. This report takes a close look at further FSL limitations. Download now! 

October 1, 2021
Business, Equipment

Fleets Must Decide on Buy vs. Lease, When to Sell, Among Other Choices

Truck auction A Taylor & Martin auction. Fleets need to determine whether to send a used truck to auction or to sell the truck on their own. (Taylor & Martin Inc.)

How fleets buy, maintain and sell their assets has never been more pivotal than in today’s shifting business landscape.

Gary Frantz | Special to Transport Topics
October 25, 2019
Business, Equipment

Details Key for Lease-Purchase Deals; Drivers Urged to Do Their Homework

Transport Enterprise Leasing trucks Transport Enterprise Leasing

For drivers wary of the prices for new or gently used trucks, lease-purchase agreements can offer a path to eventual ownership, but researching the deal before signing on the dotted line is crucial to avoid potential financial pitfalls, experts said.

Jim Stinson | Staff Reporter
October 16, 2019
Perspective

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, Perspective

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 | Features 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.

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 | Special to Transport Topics
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 | Staff 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.

May 18, 2015

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