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Strategic leasing

Published Sunday, April 01, 2007

Truck leasing used to be all about meeting unexpected equipment needs for a relatively short time. Today, it is a long-term business strategy, not a short-term tactic for an increasing number of fleets, and the typical full-service lease agreement involves much more than just equipment. The Truck Rental and Leasing Assn. (TRALA) estimates that 1,003,160 leased or rented vehicles are currently in operation, about 31% of them through full-service lease agreements. “Leasing is stronger than ever,” observes John Deris, vp-sales for Ryder System's Fleet Management Solutions Central Region (www.ryder.com). “Events of 2006 alerted a whole new ...

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