GLG News by Truck Leasing Experts

There is a mixed message coming from the truck and engine manufacturers. I look at all this more from a buyers / operators standpoint and is something to consider when thinking about the future. My colleague Mr. Moser addresses the major engineering issues well, so I’ll comment on the marketing...

Owner-operator’s (OO) and Independent Contractor’s (IC) are often confused with each other and experts within our own industry often use them as one in the same. They should be assessed independently, as they bring light to some of the problem areas - and opportunities. My colleague Mr. Schultz analysis...

History repeats itself, but usually with new players and changing circumstances. OK, sometimes with old players too. While I am not directly involved in airliner manufacturing, many of my Purdue friends and relatives are. It is always fun to share thoughts about problems, as approaches and processes...

The new truck sales marketplace has been soft, driven by lackluster freight sales, high fuel prices and that pesky pre-buy. Used truck values had been holding well in anticipation of the next set of emission rules coming in 2010. Now the used truck valuation floor in dropping, which results in even...

You ask what is our risks. You think we make a profit on Fuel surcharges You are only looking at this from one side of the problem

Wabash National is the trailer manufacturer of choice for the major fleets. The major fleets are choosing to put off or cancel planned purchases of new trailers - and Wabash National is laying more factory workers off. Trailer purchases are a clear leading economic indicator and this gives us a clear...

ATA tonnage data is an economic indicator, but investors need to use it in context. ANY trucking data is hard to come by, so at least it’s something. Bob Costello is a very smart guy and is hedging his bets in his comments. I agree with my colleague Mr. Schultz’ assessment regarding volumes (shipment...

While California is an economy in its own right (size, type and regulations), it is followed by Texas, New York and Florida - GDP-wise. Many look at macro-numbers, but most of those tell us history. Others roll local current input into the look ahead as we do - and the input is negative even from the...

The Teamsters Union had garnered support of some environmentalists and hoped they would convert approximately 17,000 Long Beach Independent Contractor dray operators to company-owned employee Teamster drivers. It didn't happen. This sends a message to the Los Angeles Port people who will decide their...

California’s green light to rule-makers to put even greener regulations in place for diesel operators may cost engine-makers a lot of green. Other States usually follow what California does, so this gives truck-buyers another reason to hit the “pause” button.