Current Opinion

Automation Bringing New Norms to Small Ticket Equipment Financing

Vernon Tirey

When I was a kid, people smoked on airplanes. When I was in college and flying to Europe on a regular basis to visit my girlfriend, now wife, airlines began introducing “non-smoking” flights. It was an awkward transition. But today... read more

Clouds Loom Over Used Truck Market

Dale Tower

The good news is that the sales volume of the used truck market, especially the Class 8 portion, is generally stable. The alarming news is the significant increase in the number of used trucks that are literally pouring into the... read more

Making Employee Engagement Part of the Strategic Plan

Scott Thacker

My last blog spoke about the three elements that most strategic plans have at their core: first, increasing shareholder value, second, raising customer satisfaction levels, and third, enhancing employee engagement. Pricing methods can influence all three of these in different... read more

Investing in Technology Means Savings for Top Fleets

Scott Mishoe

The new and used truck markets have been quite hot over the past few years. Part of the reason was the pent-up demand from fleets that didn’t want to deal with the 2007 and 2010 emissions upgrades. Their fleets got... read more

Concerns for Sale Leasebacks Under New Revenue Recognition Rules

Bill Bosco

The interaction of the new rules regarding sale treatment under revenue recognition versus the proposed new lease accounting rules will likely mean that sale leasebacks of equipment in which there is a non-bargain purchase option will not be considered sales... read more

The Shifting Landscape of Medical Equipment Financing

Justin Tabone

In the five years since the signing of the Affordable Care Act, the landscape of the medical financing industry has shifted from being primarily focused on physicians’ needs to now include the interests of financial decision makers. Meanwhile, lenders are... read more

No Perfect Way to Measure Fuel Economy

Frank Bussone

How do you analyze the fuel economy for the trucks in your fleet? There are a variety of different ways to measure fuel economy and not all of them yield the same results. The approach to measuring fuel economy should... read more

Equipment Financing is Ripe for Automation

Vernon Tirey

Five years ago I was introduced to the equipment financing industry. Having implemented enterprise-wide automation solutions for large financial services companies, I was surprised that the industry is vastly manual. After studying the industry, and talking to lots of business... read more

Undue Diligence: Using the Recent Past to Inform Equipment Finance Deals in the Future

Barry S. Marks

Reprinted with the permission of Barry S. Marks and LEAN I remember the day one of my kids asked what it was like in the Great Depression. After assuring them I was not that old, I told them to ask... read more

Raising Customer Satisfaction Through Pricing Methods

Scott Thacker

My last blog spoke about the three elements that most strategic plans have at their core: increasing shareholder value, raising customer satisfaction levels and enhancing employee engagement. Pricing methods can influence all three of these in different ways. Raising customer... read more

A Storm of Risk Is Brewing in Fleet Management

Scott Mishoe

If you’re in the transportation industry, you’re riding a sea of change. There’s change from federally-mandated emissions upgrades over the last 8 years, change from technology advancements and change from a roller coaster in fuel prices. Even our society has... read more

The Dangers of Letting Fuel Economy Dictate Your Trade Cycles

Patrick Gaskins

When you talk about asset trade cycles, fuel efficiency is typically one of the top considerations. As a result of recent gains in fuel economy, many fleets have started to base their trade cycles on fuel economy alone. And while... read more

The 3 Elements of a Successful Strategic Plan

Scott Thacker

When we last left off, which admittedly was a while ago, I hope I convinced you to put your pricing methods at the core of your strategic plan. Today, we’ll look at how to structure a strategic plan with pricing... read more

Leveraging Scale and Skill

Scott Mishoe

Newsflash: Prices are going up and there’s nothing you can do about it. It’s just the way of the world. However, there is a lot you can do to keep yourself competitive, especially when it comes to your private fleet.... read more

Data-Collecting Equipment and Privacy — Be Aware of the Risks

Jennifer L. Howard

In recent years, there has been an explosion of laws addressing privacy and data security, creating a complex patchwork of federal and state laws and regulations. Additionally, state common law claims, such as negligence and invasion of privacy, have been... read more

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