Growth hopes hinge on driver availability: survey

TORONTO, Ont. — The economy is booming, truck capacity is tightening, and analysts are predicting a strong year for 2018. So is this the right time to expand your business?…

Alternative Financing: Will your lender buy in to alternative fuel?

MONTREAL, QC -- Trucks that run on alternative fuels promise to be easier on the environment, but the equipment itself can be tougher on a capital budget. Consider natural gas. It’s historically cheaper than diesel, but the trucks that use it can cost an extra $50,000 to $100,000 over the price of their conventionally fueled counterparts, depending on the spec’s.

Financial Planning: Structure a lease that’s right for you

TORONTO, ON -- What is it that you do best: fix trucks, manage toll payments and fuel taxes, change tires, sell used trucks, or move freight? If you're even a modestly successful fleet in today's market, you're probably pretty good at most of the above, but you probably wish you could devote more time and resources to your core competency - moving freight. About 10 years ago, André Boisvert, vice president and co-owner of Lachine, Quebec-based Trans-West Group, concluded that he was better at transportation and logistics than he was at maintenance and fleet management.

Plan defers inflation system costs

NASHVILLE, TN - Velociti, a company that specializes in deploying and maintaining a wide array of vehicle technology, has unveiled a payment plan to help convince fleets to retrofit existing trailers with Meritor's Tire Inflation System by PSI.

VOCATIONAL FINANCING

Paccar Financial program for new class-8 vocational trucks

YRC Successful in Debt Refinancing

OVERLAND PARK, KS - One of the world's largest LTL carriers, YRC Worldwide was successful on financing a new $700 million term loan and a $450 million asset-based loan.