When it comes to financing reefers, they are just like any piece of equipment. Yes, they obviously cost more than dry vans, but they will usually generate more revenue. But your financing options will vary.
As equipment orders continue to surge, pushing delivery dates well into the first quarter of next year, fleets looking to add to their assets might want to consider shorter-term options like leasing or renting for trailers.
MONTREAL, QC — Trucks that run on alternative fuels promise to be easier on the environment, but the equipment itself can be tougher on a capital budget. Consider natural gas. It’s historically cheaper than diesel, but the trucks that use it can cost an extra $50,000 to $100,000 over the price of their conventionally fueled counterparts, depending on the spec’s.
TORONTO, ON — What is it that you do best: fix trucks, manage toll payments and fuel taxes, change tires, sell used trucks, or move freight? If you’re even a modestly successful fleet in today’s market, you’re probably pretty good at most of the above, but you probably wish you could devote more time and resources to your core competency – moving freight. About 10 years ago, André Boisvert, vice president and co-owner of Lachine, Quebec-based Trans-West Group, concluded that he was better at transportation and logistics than he was at maintenance and fleet management.
Harness our flexible lease, rental, and maintenance options for your commercial trucking fleet with Idealease. Tallman Idealease offers straight trucks, day cab and sleeper tractors, flatbeds, refrigerated trucks, trailers, and even specialized equipment in our rental fleet.
LOUISVILLE, KY – Bestpass has unveiled a toll management system designed specifically for those who lease equipment of any size – and by 2018 it expects to include most Canadian toll routes in its North American network.
Every piece of equipment comes at a price. Look no further than your accounts -payable department or the bank account for proof. But decisions around renting, leasing or financing involve far more than payment values alone.
Those who work with unique equipment spec’s or hold onto trucks and trailers for extended periods of time are prime candidates for purchase financing. Every year of service after an asset has fully depreciated is a bonus. Leasing tends to be the strategy of choice for those with shorter trade-in cycles or other plans for business capital. Then there are the rentals to address seasonal or short-term surges in freight volumes, or even temporary storage.
MISSISSAUGA, ON – Tallman Group on Thursday said it completed its purchase of certain full service lease truck assets from Tandet NationaLease on the final day of 2015.
OAKVILLE, ON — Transcourt Tank Leasing has announced the appointment of its vice president for business development in Western Canada while it has been embarking various customer appreciation events throughout Canada.
DOWNERS GROVE, IL — NationaLease announced its 2015 Canadian Leadership Summit will be held Nov. 3-5, at the Hyatt Regency, Montreal. This summit, now in its eighth year, is the opportunity for networking and discussion among the most important topics affecting the Canadian truck leasing industry, according to the group.
OAKVILLE, ON — Transcourt Tank Leasing has announced the appointment of Kevin Quick to the role of vice president of business development for Western Canada, which includes British Columbia, Alberta and Saskatchewan.
READING, PA — Penske Truck Leasing opened two facilities in Canada this week, one in Surrey, BC and the other in Calgary, AB.
TORONTO — Transcourt Tank Leasing, a Canadian leader in leasing and long-term rental of liquid and dry bulk tank trailers, is on a growth roll.
In mid-April, the Toronto-based company used ExpoCam 2015 to launch their new Montreal office and in mid-May,Transcourt made a bold statement at the Peace Region Petroleum Show in Grande Prairie. “The West has always been one of our main markets in Canada. Business has slowed down, there is no denying the fact, but it will eventually pick up”, stated Joe Quaresma, Vice-President of Leasing for Western Canada.
MIAMI, FL – Ryder is now offering a female-friendly heavy-duty truck package for lease; a first for trucking. The custom specification was designed with the help of several OEMs and the Women In Trucking Association.