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
Corcentric appointed Caleb Henley as vice president of sales for the company’s capital equipment solutions team. In this role, Henley will be responsible for helping fleet companies procure capital assets and analyze fleet operations to optimize the total cost of ownership. read more
JUL 30, 2024 - 6:16 am
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
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
Terry Mulreany
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