While not a new idea, a sale and lease back transaction — where the owner of an asset sells the asset and then leases it back from the buyer — might make sense for some fleets today.
Ryder System has started to take delivery of 125 medium-duty electric-powered panel vans as part of the company’s exclusive sales and service partnership with Chanje Energy, which was announced in August.
U.S. Xpress has introduced a new lease-purchase program designed to make truck ownership more attainable for truck drivers.
Bestpass has launched a toll management service for leased equipment providers called the Leased Equipment Toll Solution that includes not only tractors and trailers, but vehicles of all shapes and sizes.
Summit Holdings opened a new truck lease and rental facility in Kansas City, Kan. It will also function as a parts and service location, housing 10 service bays as well as diagnostic equipment for repairs.
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