Home | November 2012News | Equipment Costs Just One Piece of Financing Puzzle |
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Equipment Costs Just One Piece of Financing Puzzle
- Equipment Costs Just One Piece of Financing Puzzle
- November 12, 2012
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Neal Weeks of AmeriQuest Transportation Services says the most cost-effective financing decisions should be based not only on interest rates and terms, but also on vehicle resale value, fleet utilization, and other factors unique to the trucking industry.
CHERRY HILL, NJ - Securing financing for capital equipment needs is only the first step in managing a trucking fleet's overall life cycle costs. With equipment typically operating at 100,000-plus miles per year, private fleets and carriers must factor in the maintenance program needed to support that equipment, said Neal Weeks, Vice President of Syndication & Operations for AmeriQuest Transportation Services in a blog posting on the AmeriQuest Website.
"With maintenance and other consideratio...
- View more at: http://www.1888pressrelease.com/equipment-costs-just-one-piece-of-financing-puzzle-pr-436990.html
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