DOT Panel Examines Maintenance Language in Lease Agreements
A U.S. Department of Transportation leasing task force has begun examining maintenance provisions in lease-purchase agreements.
January 23, 2024How Reimagining Your Full-Service Lease Can Save You Millions
Separating a FSL can save between 15%-25% in operating cash. Why give away cash that you will never get back? Scrutinizing every detail of your fleet’s lease structure is key. This report takes a close look at further FSL limitations. Download now!
October 1, 2021Fleets Must Decide on Buy vs. Lease, When to Sell, Among Other Choices
How fleets buy, maintain and sell their assets has never been more pivotal than in today’s shifting business landscape.
October 25, 2019Details Key for Lease-Purchase Deals; Drivers Urged to Do Their Homework
For drivers wary of the prices for new or gently used trucks, lease-purchase agreements can offer a path to eventual ownership, but researching the deal before signing on the dotted line is crucial to avoid potential financial pitfalls, experts said.
October 16, 2019Opinion: Rethinking Leases in the Digital, Just-in-Time Marketplace
The digital marketplace has not only reshaped the retail landscape, but also has caused a fundamental shift in the transportation industry, as companies are forced to provide the low-cost/no-cost and on-demand delivery service consumers now expect.
November 26, 2018Opinion: New Lease Accounting Rules May Hit Smaller, Private Carriers Hardest
Updated lease accounting rules that take effect in December promise to keep finance and accounting executives busy this year.
April 30, 2018Experts Say Fleets Should Prepare for New Lease Accounting Rules
Fleets that lease their trucks should start preparing now for new lease accounting rules that begin taking effect for public companies at the end of next year, accounting professionals and industry experts said.
November 20, 2017PacLease First to Offer Toll Management
Paccar Leasing Co., a unit of truck maker Paccar Inc., is offering its lease and rental customers automatic toll billing and collection through its PacToll, program, making it the first leasing company to offer toll management nationwide.
May 1, 2017New Lease Accounting Procedures Require Fleet Review, Experts Say
Long-awaited nationwide lease accounting standards will require fleets to take a close look at their accounting procedures to assess how the changes affect their financial decisions, industry experts said.
March 14, 2016Lessors, Carriers React Positively to New Lease Reporting Standard
After years of study, the Financial Accounting Standards Board has voted to proceed with a new standard for reporting lease obligations.
November 23, 2015