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The Internal Revenue Service update of the depreciation limits for higher-priced passenger vehicles should have minimal impact on commercial leasing, fleet management company executives said.
Lesher Leasing, Inc., a truck leasing company with full-service leasing, rentals, and maintenance services, has acquired the assets of Advantage Truck Leasing.
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.
As part of the partnership, FleetCor will manage the back-end system processing and billing of LeasePlan’s new universal fuel card. FleetCor will also manage and provide a variety of other services for LeasePlan USA, the company stated.
In recognition of their commitment to NationaLease and adherence to the Member Standards, NationaLease presented 28 member companies with Leadership Circle Awards.
General Motors has begun offering an extended bumper-to-bumper warranty to its customers that matches the time span of the powertrain warranty. The new bumper-to-bumper warranty is available on new vehicles purchased on or after Oct. 15 for the 2018 or 2019 model year.
The Truck Renting and Leasing Association (TRALA) announced the passing of its founding Chairman, Harris Saunders Jr., who passed away on May 6
The Truck Renting and Leasing Association named Penske's Michael Duff its 2018-19 Chairman of the Board at its annual meeting in Scottsdale, Arizona.
More fleets are looking more closely at all their options, from outright ownership to finance leasing to full-service leasing, even opting to own some trucks while leasing others.
W.B. Mason, the nation’s second-largest privately owned office products dealer, has taken delivery of several Workhorse E-Gen electrified, range-extended step vans on leases from Ryder System, Inc., the company announced.