I began my career in leasing in the 1980s as an extremely green equipment manager. Thirty years later, I’m still in equipment management and loving my great employer and my role in the banking and equipment finance industries. During the... read more
As businesses continue to expend an increasing percentage of their overall technology budget on software, the question of financing the acquisition of software becomes increasingly important to both providers of software and their customers. This column is the first of... read more
In a survey of Class 8 truck fleet managers conducted by Fleet Advantage, 70% of fleet operators reported fuel economy and maintenance costs as the biggest motivators for equipment replacement, but most continue to operate trucks an average of seven years before replacing them with new, more fuel efficient models. Fleet Advantage President Brian Holland asks, “What is driving this contradiction?”
AmeriQuest’s Patrick Gaskins agrees – it is a great time to lease a new Class 8 truck. But the best approach to a fleet replacement strategy is taking a thoughtful, long-term, strategic approach.