PacLease News

New Accounting Standards Coming Soon; Benefits of Leasing will Remain Unchanged

New Accounting Standards Coming Soon; Benefits of Leasing will Remain Unchanged

December 10, 2015

For companies that lease vehicles – finance and full-service – new accounting standards recently unveiled by the Financial Accounting Standards Board (FASB) will impact their financial reporting, but result in little change to their operations. The new standards, to be published in early 2016, are not expected to go into affect for public companies until 2019. Private companies, whose lenders require audited GAAP financial reports, will have until fiscal year 2020 to incorporate these standards. PacLease will work with customers to navigate the new standards....

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PacLease Teams up with Kenworth to Move U.S. Capitol Christmas Tree

PacLease Teams up with Kenworth to Move U.S. Capitol Christmas Tree

November 19, 2015

December 2nd was the official welcoming of the U.S. Capitol Christmas tree and the kickoff to the holidays. Getting the tree to the Capitol is a multi-week process spearheaded by Kenworth with the assistance of PacLease, which custom spec’d a Kenworth T680 to handle the 3,000-mile trek from the West Coast to D.C. It’s the second year that PacLease has provided Kenworth with the Christmas tree truck....

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Dunn-Edwards: Painting a Picture of Efficiency

Dunn-Edwards: Painting a Picture of Efficiency

October 02, 2015

For the past 90 years, Dunn-Edwards Paints has been all about quality. Dunn-Edwards is a favorite among contractors, has 120 stores and continues to grow. They ship out 13 truckloads a day to distribution centers in Northern and Southern California. When looking to lease their equipment, Dunn-Edwards decided that PacLease was the best fit for their needs. The combination of a premium truck, which could handle up to 500 gallons of paint, coupled with the durability of the Peterbilt, and the maintenance program that PacLease offered was a great match for the company....

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Strike Up the Band: PacLease Rental Units Transport Seattle Cascades on 21-City Tour

Strike Up the Band: PacLease Rental Units Transport Seattle Cascades on 21-City Tour

September 16, 2015

The Seattle Cascades were looking a reliable rental trucks and PacLease was the perfect solution. With tight schedules, reliability of equipment was their utmost concern when considering truck rental and leasing companies. PacLease demonstrated newer & well-maintained vehicles, affordable rental rates and a strong network of locations to handle any concerns that might occurs on the road on the road....

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