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Crossroads Secures Financing for Trucking Firm’s 40 New Near-Zero Emission Trucks

October 01, 2019, 07:30 AM
Filed Under: Trucking

In the lead-up to Clean Air Day 2019, heavy-duty trucking company Total Transportation Systems, Inc.  (TTSI) announced its switch from all diesel vehicles to 100 percent clean natural gas, battery electric and hydrogen fuel cell vehicles.

In any given month, 13,000 to 14,000 trucks call at the Ports of Long Beach and Los Angeles, emitting roughly 2,600 tons per year of smog-causing nitrogen-oxide emissions. To combat such emissions as part of its commitment to clean air, TTSI purchased 40 natural gas near-zero emission heavy-duty trucks this month, more than any other trucking company that serves the L.A./Long Beach ports.

Crossroads Equipment Lease and Finance was able to help the company secure attractive financing terms, and along with dealer partner, Velocity Truck Centers, were able to assist TTSI in securing grants from the Hybrid Voucher Incentive Program (HVIP) through the state of California.

With strict vehicle emissions standards in place across California, Crossroads Equipment Lease & Finance is at the forefront of helping companies like TTSI make the switch to newer and cleaner trucks.

To maintain its top on-road lender in the California Capital Access Program (CalCAP), Crossroads has made significant investments in understanding complicated California Air Resources Board (CARB) rules and incentive programs.

Crossroads has helped thousands of fleets and operators upgrade their equipment and secure attractive financing terms for clean truck purchases using grants, government guaranteed lending programs and other available incentive opportunities.

TTSI is one of the largest delivery carriers in Los Angeles and the Port of Long Beach — one of the busiest seaports in the world.

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