News
Want a trouble-free rental or lease? It’s in the details
Every piece of equipment comes at a price. Look no further than your accounts -payable department or the bank account for proof. But decisions around renting, leasing or financing involve far more than payment values alone. Those who work with unique equipment spec's or hold onto trucks and trailers for extended periods of time are prime candidates for purchase financing. Every year of service after an asset has fully depreciated is a bonus. Leasing tends to be the strategy of choice for those with shorter trade-in cycles or other plans for business capital. Then there are the rentals to address seasonal or short-term surges in freight volumes, or even temporary storage.
Ministers discuss ELDs, systems to protect road users
TORONTO, ON - Canada's transportation ministers met in Toronto today, discussing a broad array of initiatives such as the mandating of Electronic Logging Devices and the need to study truck-mounted systems like side guards that could better protect "vulnerable" road users. The ministers have also agreed to create a task force to harmonize truck-related regulations "wherever possible", said Federal Transport Minister Marc Garneau. Unspecified changes to the Memorandum of Understanding that governs weights and dimensions were also agreed to in principle.
