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
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
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
Corcentric Capital Equipment Solutions (CCES), a business of Corcentric and provider of capital equipment, fleet procurement, supply management and remarketing services, promoted Jason Forward to vice president of remarketing, strategic and national accounts for CCES. read more
JAN 26, 2023 - 7:15 am
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
Corcentric Capital Equipment Solutions (CCES) promoted Dale Tower to senior vice president of remarketing for CCES. read more
OCT 25, 2022 - 7:16 am
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
Representatives from Key Equipment Finance, KWIPPED, Corcentric, Wolters Kluwer Lien Solutions and TAO Solutions will discuss the transformative force of financial technology at a panel during the Equipment Leasing and Finance Association’s Annual Convention. read more
OCT 7, 2021 - 6:12 am
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