Leasing

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November 5, 2014

Commercial Vehicle Demand in U.S., Canada Continues to Strengthen

Demand for commercial vehicles in the U.S. and Canada continues to strengthen, though used commercial vehicle registrations still outnumber new registrations.

August 28, 2014

Attorneys: Don't Restructure Yet Based on Graves Amendment Case

Although a recent court decision appears to strike a blow to fleet corporate structures where a separate company owns the equipment and leases it to the motor carrier or driver/owner-operators, one trucking-specialist attorney's firm says don't start restructuring just yet.

August 25, 2014

Judge Rules Vicarious Liability Applies in Lawsuit Against Carrier

What one media outlet calls a “landmark decision” by a federal court pushes aside a nearly decade-long federal protection for vehicle leasing companies. It's expected to affect trucking companies whose owner-operators are involved in accidents when certain leasing arrangements are used.

September 30, 2013

Volvo Trucks Announces New Leasing Locations

Volvo Trucks recently expanded its network of leasing locations in the United States and Canada to include 10 new sites to better serve customers.

September 23, 2013

Mack Adds Leasing Locations in U.S. and Canada

Building upon the growth of its extensive leasing location coverage in the U.S. and Canada, Mack Leasing System recently added 11 new member dealer locations.

June 14, 2013

Penske Truck Leasing Opens Davenport, Iowa, Facility

"We've opened this location because Penske has simply outgrown our previous facility," said Dan O'Boyle, Penske Truck Leasing senior vice pesident for the North Central Region.

June 4, 2013

Stoughton Trailers Announces New Division-Stoughton Lease

STI Holdings Inc., parent company of Stoughton Trailers, announced the opening of a new rental and leasing division. Stoughton Rental and Leasing Co. DBA Stoughton Lease, will open its first branch in June in Milwaukee, Wisc. with plans to add several additional locations in the next year.

June 3, 2013

New Generation of PacLease Telematics Solution

PacLease says the next generation of PacTrac Fleet Management telematics system offers improved communication with drivers and more real-time diagnostic data from vehicles, among other features.

May 23, 2013

Equipment Leasing and Finance Association Says April New Business Up 23 Percent Year Over Year

Month-over-month, new business volume was up 10 percent from March. Year-to-date, cumulative new business volume increased eight percent compared to 2012, according to the Equipment Leasing and Finance Association.

May 21, 2013

Equipment Lease Finance Industry Confidence Improves in May

The index reports that overall confidence in the equipment finance market is 56.7, an increase from the April index of 54.0. The Foundation said this increase reflects increasing optimism about the U.S. economy.

February 6, 2013

XTRA Lease Adds New Trailers to Fleet in 2013

XTRA Lease, a provider of semi-trailer rentals and leases, has ordered more than 2,000 new trailers for 2013, including a mix of dry vans, reefers, flatbeds, chassis, and liftgated van trailers.

January 15, 2013

Top 10 Equipment Acquisition Trends for 2013

The Equipment Leasing and Finance Association, which represents the $725 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2013. Given that every year U.S. businesses, nonprofits and government agencies spend in excess of $1.2 trillion in capital goods or fixed business investment (including software), financing more than half of those assets, these trends impact a significant portion of the U.S. economy

January 6, 2013

Landstar, OOIDA Settle 'Truth-in-Leasing' Litigation

Landstar System and the Owner-Operator Independent Drivers Association announced the end of their decade-long litigation over federal truth-in-leasing regulations, with the Florida-based carrier saying its leases were proven valid and the association saying the lawsuit helped further clarify the regulations

December 13, 2012

PacLease Network Adds Eight New Franchises

Paccar Leasing recently added eight new franchise locations in six states and one Canadian province

March 1, 2007

2007 Truck Market: Buy, Lease or Wait?

New emissions technology will most likely hurt sales, but full-service leasing could do well.

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