January 7, 2016 - Industry News
Penske Truck Leasing has announced the opening of a new 14,400 square-foot, state-of-the-art facility in Norton, Mass.
Tags: Leasing, Maintenance, DEF, Penske Truck Leasing, Commercial Rentals
November 5, 2014 - Industry News
Demand for commercial vehicles in the U.S. and Canada continues to strengthen, though used commercial vehicle registrations still outnumber new registrations.
Tags: Leasing, Class 6, Class 7, Research, Class 8, Medium-Duty Trucks, Heavy-Duty Trucks, Vehicle Registration, Class 5, IHS Automotive, Class 4
August 25, 2014 - Industry News
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.
Tags: Accidents, Liability, Drivers, New York, Litigation, Leasing, Owner-Operators
September 30, 2013 - Industry News
Volvo Trucks recently expanded its network of leasing locations in the United States and Canada to include 10 new sites to better serve customers.
Tags: Leasing, Volvo Trucks
September 23, 2013 - Industry News
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.
Tags: Leasing, Mack Trucks
June 14, 2013 - Industry News
"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.
Tags: Penske Truck Leasing, Leasing, Iowa
June 4, 2013 - Industry News
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.
Tags: Leasing, Stoughton
May 23, 2013 - Industry News
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 - Industry News
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.
Tags: Leasing, Equipment Leasing & Finance Foundation
February 6, 2013 - Industry News
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.
Tags: Leasing, Xtra Lease
January 15, 2013 - Industry News
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
Tags: Economy, Leasing, Truck Sales
December 13, 2012 - Industry News
Paccar Leasing recently added eight new franchise locations in six states and one Canadian province
Tags: Paccar, Leasing, PacLease
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