Business Management How telematics and big data have revolutionized truck leasing August 5, 2021 Full-service leases are becoming increasingly customizable, as telematics and big data are allowing lessors to better predict operating and repair costs. Pulling data off the trucks and tapping into OEM…
Equipment PacLease grows network, market share January 11, 2021 PacLease added 13 new locations in 2020 – one in Canada – and says it increased its market share in the full-service leasing space. “We’re glad 2020 is in the…
Equipment Ryder closing six Canadian locations December 19, 2019 TORONTO, Ont. – Ryder System is shutting down six of its 44 Canadian maintenance and service locations in the new year. “The closures are scheduled for next year, however we…
Business Management Loving that lease December 17, 2019 Energy Transportation Group prefers leasing so it knows its fixed costs and doesn’t have to staff up a shop. Several factors can influence a carrier’s decision to purchase a…
Equipment Trailcon moving into new Calgary facility June 27, 2019 CALGARY, Alta. – Trailcon Leasing will celebrate the opening of its new Calgary location July 2. The new facility is 20,000 sq.-ft., with another 5,000 sq.-ft. available for future expansion.
Transportation Canvec acquires Location RP assets December 4, 2018 MONTREAL, Que. — Canvec Leasing has acquired the assets of Location RP, a Montreal-based business that specialized in renting semi-trailers and container chassis. In the process, Canvec increases its fleet…
Equipment PacLease achieves record year January 11, 2018 BELLEVUE, Wash. – PacLease has reported 2017 was a record year for the company, growing its lease and rental fleet by 30% and adding eight new locations. “The overall market…
Equipment Penske Truck Leasing opens Windsor location June 19, 2017 WINDSOR, Ont. – Penske Truck Leasing has opened a new location in Windsor, offering full-service truck leasing and commercial truck rental, as well as contract truck fleet maintenance services. The…
Equipment PacLease adds three B.C. locations December 29, 2016 DELTA, B.C. – PacLease has added 10 new locations, including three in B.C. Its dealer network now includes 454 locations in the US and Canada. The new Canadian locations are:…
Business Management Ryder offers new flexible maintenance packages May 24, 2016 MIAMI, Fla. — Ryder System has introduced what it claims to be the industry’s most flexible leasing and maintenance solutions, Ryder ChoiceLease. The new offerings include two new lease products,…
Business Management Mack grows lease network April 28, 2016 GREENSBORO, N.C. — Mack Leasing System added 19 dealers to its network in 2015, expanding its number of locations to 210 full-service Mack Trucks dealers. These dealers offer leasing in…
Business Management Transcourt expands US presence March 30, 2016 OAKVILLE, Ont. — Transcourt Tank Leasing has advanced its push into the US market, by exhibiting at the M-PACT 2016 show in Indianapolis. The show is the largest of its…
Equipment Tallman Group acquires lease portfolio January 7, 2016 MISSISSAUGA, Ont. — Tallman Group has announced its purchase of the assets of Tandet NationaLease’s lease portfolio. The deal was closed Dec. 31, 2015 and makes Tallman Idealease one of…
Equipment NationaLease presents awards to top Canadian members, supplier December 16, 2015 MONTREAL, Que. — TFI Holdings of Montreal and VEL NationaLease of Hartland, N.B. were recently recognized with Most Valuable Performance awards from NationaLease. The awards recognized NationaLease members who have…
Equipment With Alberta in a rut, Transcourt turns attention to US expansion August 18, 2015 OAKVILLE, Ont. — Tank trailer leasing and long-term rental firm Transcourt is looking to grow its business in the US, as market conditions and the overall economy deteriorate in Western…
