Flatbed company Arrow Trucking announced it has entered into an innovative equipment finance agreement with Daimler Truck Financial that will allow it to replace nearly its entire current tractor fleet within five years.

The deal will be used to facilitate the purchase of new equipment as well as consolidate tractor and trailer financing at favorable terms.

The agreement continues a long-standing relationship between Arrow and Daimler Truck Financial. Arrow operates over 1,400 tractors and 2,700 trailers in its over the road flatbed transportation business.