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Equipment Leasing at $8.7 Billion in September, Up 12% vs. August

fleetnewsdaily | October 25, 2017

As a potential economic indicator, the Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for September was $8.7 billion, down 7 percent year-over-year from new business volume in […]

NJ TRANSIT Leases 100 Vehicles, Slashes Maintenance Budget

fleetnewsdaily | September 15, 2017

Looking for a new, more efficient approach, NJ Transit has spent nearly 10 percent less to maintain a newer, non-revenue vehicle fleet in FY 2017– all by adding strategic leasing to its vehicle acquisition model On average, a NJ TRANSIT light-duty truck remained in service for at least 11 years, accruing at least 120,000 miles, […]