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.
March 14, 2016Business
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.
November 23, 2015Business
PacLease Expands to Australia
Paccar Leasing Co. has expanded its full-service truck rental and leasing business to Australia.
May 18, 2015Business
Xtra Lease to Add 9,000 New Trailers This Year
Xtra Lease has ordered about 9,000 new trailers to add to its lease and rental fleet this year.
April 16, 2015Business
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