A New Way for Small Carriers to Make Connections with Shippers

Patrick Gaskins

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’ Financial Health Gets a Boost from Managed AP and AR Solutions

Patrick Gaskins

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

How Will the Current Economic Climate and the Increase in Equipment Costs Affect Capital Investments in 2024?

Patrick Gaskins

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

Helping Fleets Navigate Interesting Times

Patrick Gaskins

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

Financing New Vehicle Technology

Patrick Gaskins and Frank Bussone from Corcentric Fleet Solutions explore financing battery electric and hydrogen fuel cell vehicles. Although the technology of fleets may be dramatically shifting, basic financing principles for these assets will largely remain the same.... read more

May/June 2023

How Technology and Analytics Help With Asset Utilization Under Lease Agreements

Frank Bussone

When setting up a lease agreement, having customized structures for assets in different operational scenarios is pivotal. It is highly unlikely that a fleet is going to have 100% of its assets running the same amount of miles a year,... read more

May 2022

Supply Chain Disruption: Smoothing out a Bumpy Road

Patrick Gaskins, Ray Ellingsen

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