Banks, lessors and other financers may be missing out on what could be a significant market by focusing on buyers of new battery electric vehicles (BEVs) while ignoring the people who might look to buy those same vehicles when they... read more

July 2024

According to the American Trucking Associations (ATA), “trucks move roughly 72.6% of the nation’s freight by weight.” That reflects about 11.5 billion tons of freight in 2022. With numbers that large, you might think that truck fleets are predominantly big... read more

July 2024

Fleets face challenges on every front, from disasters like the Key Bridge collapse, volatility in the fuel market, fluctuating interest rates, continuing shortages in the supply chain and so much more. Despite those challenges, an organization’s continued growth and viability... read more

May 3, 2024

Ever since COVID-19, the global economy has been on a rollercoaster ride, experiencing significant ups and downs brought about by supply chain issues either caused or exacerbated by the pandemic. It’s a tale told around the globe: after the pandemic... read more

February 2024

The Equipment Leasing and Financing Association (ELFA) recently published its forecast for funding growth by market segment for 2024. As is the case for most years, some sectors will be on the rise and others will be trending downward.  Because... read more

December 2023

Trucking is complex and getting more so as we start the journey to a more sustainable movement of freight. While matching truck specs to duty cycle has always been important, the reality was that some fleets spec’d trucks for use... read more

September 2023

Fleets are faced with myriad choices for powering their vehicles, interest rates are rising, the used truck inventory is growing rapidly, and the inverted yield curve is creating problems from a financing standpoint. I think we can agree that, at... read more

July 2023

We are in one of the most volatile economic environments that we have seen in quite some time. Who could have predicted the failure of two major banks? The news surrounding Silicon Valley Bank and Signature Financial have made some... read more

May 2023

Developments in battery electric commercial vehicles are coming fast and furiously. I attended the recent Technology & Maintenance Council spring meeting and many of the presentations focused on BEVs, chargers, charging infrastructure and the maintenance and repair needs of BEVs.... read more

March 2023

The most dedicated banking partners in America deserve a big thank you. During the week of November 7th, Corcentric held its annual funding conference in Pompano Beach, Florida. Corcentric calls out the location because the event was held on the... read more

December 2022

Market variables are all over the board. Over the past year, we have seen housing prices rise by almost 60% in some markets. In the heavy truck market, asset prices have increased about 20% and we continue to see surcharges... read more

September 2022

As we enter 2022, we find ourselves faced with many of the same challenges we tackled in 2021. The global supply chain continues to be impacted by Coronavirus outbreaks leaving manufacturers in a very difficult position. Labor markets around the world... read more

January 2022

Ray Ellingsen: Pat, it appears market pundits believe supply chain restrictions may last well into 2022 if not beyond. What general insights can you share about the near-term asset availability shortage and longer-term impact assessment? Availability forecast? Model year implications?... read more

November 2021

With increasing regularity, corporations are adding sustainability goals to their business strategies. This new sense of corporate responsibility is in part being driven by changes in customer demand. Consumers are asking questions around the sustainability and environmental efforts of corporations... read more

July 2021

Lately there has been a lot of activity on the electric and hydrogen-electric commercial vehicle space. It seems like nearly every day there is a new item on a truck manufacturer and a technology company or battery manufacturer entering into... read more

March 2021