Lease Line – October 2009

Survey Confirms Strength In Dedicated Contract Carriage
Approximately one-third of the 175 independent businesses comprising NationaLease offer dedicated contract carriage for customers with complex transportation and distribution needs.

In a recent survey of member companies, NationaLease statistically analyzed the specific services its members offer. “With one-third of our members providing dedicated carriage capabilities, we’ve confirmed just how powerful a force NationaLease is in the dedicated marketplace,” says Gene Scoggins, NationaLease president.

“Businesses with a national reach especially can call on the NationaLease organization to create solutions to their specific transportation needs. This could include joining members in connecting regions to provide the full coverage a national customer may need.”
Typically, dedicated contract carriage services cover a wide spectrum of services, including drivers, vehicles, maintenance, route planning and administrative support and management.

The survey also shows that approximately one-third of the member companies have in excess of 500 customers and more than 6,000 drivers. Other services offered routinely are warehousing, dry and refrigerated transport, cross docking services and one-way truck load service.

Penske Truck Leasing To Sell Used Trucks On eBay Motors
Penske Truck Leasing announced the availability of direct-to-consumer used commercial truck sales through eBay Motors.

Through eBay Motors, Penske will offer visitors the opportunity to bid on a full range of vehicles, including light-, medium- and heavy-duty trucks, utility trucks, buses and sedans.

Each vehicle meets Penske’s standards for interior, exterior and component quality. It also comes with a complete history of the vehicle’s preventive maintenance schedule so that prospective buyers can make well-informed purchase decisions, the company says.

“Innovation and entrepreneurship are part of our DNA at Penske Truck Leasing,” says Jack Mitchell, vice president – Remarketing, Penske Truck Leasing. “Leveraging this new sales channel and being among the first major truck leasing companies in our industry to bring used truck sales direct to the retail market via eBay Motors exemplifies this.”

Through the eBay Motors store, Penske also offers customers comprehensive financing options within a few business days through a partnership with netLoan and the option to add an extended warranty from National Truck Protection, the largest independent used truck warranty company in North America.

For a complete listing of used trucks for wholesale and retail purchase, visit www.PenskeUsedTrucks.com. In 2008, Penske sold more than 23,000 used trucks, tractors and trailers, primarily to wholesalers, original equipment manufacturers and corporate fleets.
Penske’s eBay store is located at http://stores.shop.ebay.com/Penske-Used-Trucks.

NationaLease’s Annual Meeting Set
NationaLease will map its future, take steps to assure success in the present and celebrate its past at its 65th Annual Meeting to be held at The Ritz-Carlton Golf Resort in Naples, Fla., October 4 and 5. There is a registration link for the event on the NationaLease homepage at www.nationalease.com.

Representatives from NationaLease’s 175 independent trucking leasing member companies with annual revenue in excess of $4 billion will gather to tackle a variety of topics, including driving down operational costs, succeeding with national accounts and maximizing the benefits of membership.

Among other subjects on the agenda are stimulus funds for hybrids, secrets of maintaining a successful leasing company and navigating banking in the current economy. Speakers will be a combination of NationaLease staff, organization members, supplier representatives and experts and celebrity guests.

More information on NationaLease can be found at www.nationalease.com or by calling 1-800-SAY-NTLS.