Ensuring a non-owned trailer becomes a non-issue

A truckload of goods will often exchange hands multiple times between its origin and destination. In fact, it’s pretty common for a trailer to be hauled by one driver between points A and B only to be handed off to another to continue the journey to point C and so on. For instance, a truckload originating in Jacksonville bound for Los Angeles may find itself hitched to another truck in Houston for the remainder of the trip.

Through each trailer interchange, responsibility for the trailer and its...

https://www.freightwaves.com/news/ensuring-a-non-owned-trailer-becomes-a-non-issue

Trailer leasing offers carriers control in a volatile market

truck going down highway

The classic “lease versus buy” dilemma isn’t just about houses and cars; it’s also about trucking equipment. Carriers choose to rent trailers for several reasons, including flexibility, cost savings, and keeping their fleets young. Market volatility has also proven to be a strong motivator.

The current coronavirus pandemic has had something of a roller-coaster effect on the market – sending volumes surging in some sectors and plummeting in others. Carriers experienced weeks of tight capacity,...

https://s29755.pcdn.co/news/trailer-leasing-offers-carriers-control-in-a-volatile-market

Wabash National maintains solid trailer order backlog

Trailer

Wabash National Corp. (NYSE: WNC) maintains a $1 billion backlog of commercial trailers and other equipment to build and is seeing steady customer orders despite the COVID-19 pandemic.

Far from downplaying the health crisis and how it might impact the business going forward, company executives told analysts Thursday they feel they have a handle on the situation. 

“We have been preparing for several years for an eventual downturn in our end markets,” Wabash National CEO Brent Yeagy told analysts...

https://s29755.pcdn.co/news/wabash-national-maintains-solid-trailer-order-backlog

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