FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Transport Capital Partners Reports TRAC Leases on the Rise

October 27, 2011, 06:01 AM
Filed Under: Transportation

According to the Third Quarter Business Expectations Survey published exclusively by Transport Capital Partners, LLC, the number of carriers expecting to expand via the increased utilization of independent carriers has been trending downward.  Meanwhile, the percentage of companies anticipating growth via the utilization of company equipment that is either financed or leased via a TRAC lease has been steadily increasing.  The report indicates that financing or TRAC lease utilization doubled from 13.5% in August 2010 to 26.2% in August 2011.

The Business Expectation Survey has become a bellwether indicator of the American trucking industry by taking the pulse of its executives across the country.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.