In the complicated world of driving and directions, help arrived with the advent of the global positioning satellite (GPS) navigation system.
Commercial leases are divided into two types: the open-end TRAC lease and the closed-end lease. Each has a different set of rules and parameters. Each works better for different fleet situations.
Sometimes, all lease agreements seem the same and little is left to actually negotiate beyond the typical legal wrangling about which state’s laws will govern the contract. Avoid that trap by thoroughly familiarizing yourself with the terms and conditions of the agreement.
LCT's annual Fact Book is about to mail out. Some numbers will shock you; others will comfort you.
What green practices do operators prefer? As companies increasingly embrace environmental concerns, operators seek clear industry standards.
Don't just go day by day. Look long term for new revenue streams.