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Rental and Leasing continues to grow at a strong pace. Both financial and operational needs are given as reasons for companies turning to leasing. The complexity of today’s equipment, the cost of maintenance, and increased safety concerns are all factors. Truck Rental & Leasing to Expand at CAGR of 5.4% from 2019 to 2025  

With the costs of running and maintaining a fleet consistently rising, when does it make sense to look at a new approach? The average cost per mile increased 7.7% in 2018 for motor carriers. The cost of equipment continues to rise. Trucks get more and more complex due to both regulation and safety each year. They become more difficult to diagnose and repair. The industry also faces a shortage of qualified technicians and the cost of maintenance is rising. The … Read More

Kris-Way Truck Leasing, Inc. is happy to welcome Good Shepherd Food Bank of Maine as a new business partner. As part of their effort to feed Maine’s hungry, Good Shepherd has upgraded their fleet with a new Full Service Lease on a 2016 Freightliner Cascadia tandem axle tractor. Good Shepherd Food Bank distributes to more than 400 food pantries, soup kitchens, shelters, and other assistance programs statewide. Each year they move millions of pounds of food and maintain 3 distribution … Read More

Proposed lease accounting standards have been delayed due to differences between FASB and IASB. It now seems that any final standards will not begin to take shape until at least next year. Both businesses and preparers have also soundly rejected the latest draft put forward in 2013.   http://www.accountancyage.com/aa/analysis/2355201/conceptual-differences-hamper-lease-accounting-project

Kris-Way rolls into Fargo, ND with ESPN’s College Gameday with Gaem Creek Video. Game Creek provides the mobile production for ESPN and is an important Full Service Lease customer.

Kris-Way is looking for experienced diesel technicians for the Manchester, NH and Concord, NH locations. We offer a strong benefits package and the opportunity work for a growing company.

I found a good article today on winter driving. As we enter the winter season we ask that all drivers take extra care. Truck Driving Job – Stay Safe and Survive the Winter Roads Author: Armil Velos Few months from now and December is here again. It means that Christmas season is on its way and together with that is the cold weather or winter! Winter brings some of the worst driving conditions and professional drivers are aware of that. … Read More

Truck sales continue to increase as fleets look to replace aging equipment and can no longer delay the inevitable. Full Service Leasing offers a strong alternative to ownership given the increased cost of new equipment, complexity of the new equipment, and the financing power of a full service leasing company. Kris-Way offers a strong maintenance package, access to technical expertise and technology, and purchasing power.  Many companies that were long time truck owners are now turning to leasing. Kris-Way offers … Read More

Diesel Direct and Freightliner Trucks together have developed the first-ever diesel electric hybrid fuel truck. The Freightliner Business Class M2 106 Hybrid will be used to deliver fuel to fleets. The truck utilizes features the Eaton® Hybrid Electric Drivetrain System, a parallel hybrid system that enables the truck to operate using the diesel engine alone, or in combination with the hybrid electric motor. http://www.freightlinertrucks.com/inside-freightliner/news/news-detail.aspx?id=1031 Kris-Way Truck Leasing has a long history of serving the energy industry. Our customers rely on … Read More