Preventive maintenance, which includes regularly scheduled inspections, tests and repairs, increases a vehicle’s reliability, improves uptime and reduces the risk of equipment failures.
Public companies, whether they report under International Financial Reporting Standards or current Generally Accepted Accounting Principles (GAAP), are now required to recognize operating lease assets and liabilities on the balance sheet.
As temperatures drop, states douse roads in chemicals to melt snow and ice. While the chemicals are necessary to improve safety and keep roads clear, they can wreak havoc on trucking equipment.
Full-service leases can enable shippers to guarantee capacity and regain control over their transportation costs without the capital outlay and oversight that come with fleet ownership.
The strengthening economy and robust freight demand have made 2018 a strong year for the trucking industry, but challenges remain, according to the American Transportation Research Institute. ATRI has released its list of the industry’s top driver concerns, many of which could be addressed by a full-service lease.
Cold temperatures, snow, ice and road debris can create challenges for Class 8 tractors and trailers during the winter months, and improperly maintained trucks run a higher risk of breakdowns. Downtime can result in missed delivery windows and poor service.
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