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

2020 was quite a year, and much of the talk surrounding the events center on COVID-19. That said, even with all of the heartache, there were some bright spots that need to be celebrated. Let’s start with the fact that... read more

January 2021

The COVID-19 pandemic has muddied that decision even further as it has become even more difficult to determine long-term implications of a purchase. Nowhere is this clearer than with residual values, which are one of the key factors in the... read more

July 2020

The first step in developing a long-term equipment financing strategy is to identify all of the fixed and variable costs associated with operating your current fleet. In other words, what is your current total cost of operation? A spend analysis... read more

October 2019

Asset sale lease-backs are not a new idea. However, it is an idea that makes good sense today. But before we get into why this strategy works to your advantage, given current market conditions, let’s go over some basics. The... read more

February 2019

In a rapidly changing market where we see wild swings in financial markets, the political landscape changing worldwide, oil production through the roof and the U.S. Federal Reserve increasing interest rates, how should we adjust our asset financing structures to... read more

January 2019