Whether adding or replacing trucks in your fleet, finding the most cost-effective solution is critical to the profitability and success of your business. Variable costs like fuel, tires, and maintenance represent a staggering amount of the expenses in a transportation business.Â
June 21, 2024leasing News Updates
Stay up-to-date with the latest commercial vehicle leasing news, covering trends, regulations and fleet management strategies that impact businesses across the trucking industry. This section highlights leasing practices, market developments and operational insights, offering a clear view of how companies manage vehicle acquisition, financing and utilization to maintain efficient transportation operations.
Federal Truck Leasing Task Force Seeking Help From Truckers
Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.
February 22, 2024Watchdog Group Cites Widespread ‘Predatory’ Lease Agreements
A study by a U.S. government financial consumer group has concluded that there is widespread risk for truckers being rushed into signing so-called predatory lease-purchase agreements.
November 7, 2023Leasing Offers Pathway for Fleets Interested in EVs
Fleets that want to test the waters with electric vehicles or other technology don’t have to do it themselves or even use their own trucks. Leasing companies are providing that opportunity.
July 24, 2023ELFA Reports $9.5 Billion in New Business in May
A survey of companies in the equipment finance sector saw overall new business volume hit $9.5 billion in May, according to the Equipment Leasing and Finance Association.
June 27, 2023Here’s Why Leasing an EV Is About to Become More Popular
WASHINGTON — Electric vehicle leases are likely to surge beginning April 18, experts say, as new federal restrictions on EV tax credits come into effect.
April 7, 2023Repowr Closes $4.2 Million Seed Round
Repowr, a collaborative logistics marketplace and digital-leasing platform, announced it closed a $4.2 million seed round.
March 21, 2022Task Force to Examine Lease-Purchase Agreements
A provision tucked in the bipartisan infrastructure funding law calls for the formation of a truck leasing task force to examine the fairness of lease and lease-purchase agreements.
February 8, 2022Trailer Optimization in a Reopening Economy
Program Aired: June 17, 2021. As our economy reopens, trailer orders are at unusually high volumes. When freight demand outpaces your operations, it’s difficult to meet deadlines and keep customers happy. Hear directly from a leading carrier and trailer leasing company about how they are staying prepared to maximize trailer utilization and maintain a high level of customer service.
June 17, 2021Full Service Lease: Get More from Your Fleet for Less
This report illustrates the results achieved by three different companies when they questioned whether it was better to lease or own their fleet. How did their decision affect not only their transportation costs, but how their business runs?
March 12, 2018