How Leasing Semi-Trailers For Your Transport Business Can Benefit The Company
Posted on: 14 September 2021
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Transportation companies that move a lot of freight may need a lot of semi-trailers to ensure they have one available when needed. The cost of purchasing and maintaining the trailers can get expensive, and that is where semi-trailer leasing comes into the picture.
Trailer Leasing For Small Companies
Semi-trailer leasing is an excellent way for a small trucking or transport company to have the trailers they need for the types of loads they haul. In general, the lease works similarly to a car or property lease. The semi-trailer leasing company owns the trailers and takes care of repairs if parts wear out, but the trucking company uses the trailers and takes care of the daily maintenance.
One of the most significant benefits of this system is that if the trailer has a major breakdown unrelated to the maintenance, the trucking company can request a new trailer, and the leasing company will swap the damaged one for a new unit that is ready to use. It is vital to understand the lease terms to ensure you are taking care of your responsibilities and maintaining the trailers while you are using them.
In most cases, the semi-trailer leasing company may ask that you lube fittings, wash the trailer regularly, and deal with wear regarding items like tires and brakes while the trailer is in your possession. The exact terms of the lease and what maintenance you are required to do can be negotiated at the time of the lease agreement. The payments you make on the leased trailers can often be applied to purchasing them, but some companies prefer to continue leasing and updating to newer trailers like the ones they are using start to age.
For small trucking companies with limited cash flow, semi-trailer leasing can be the best way to ensure there is always are trailer ready to go. However, if the trailer is down, a replacement can be requested.
High Volume Leasing
Semi-trailer leasing is also available for large trucking companies and is often one of the best ways to keep a lot of freight moving. The leasing company provides trailers for the company, but in high volume, and they will often provide a mix of trailer types depending on the trucking company's needs.
Many trucking companies rely on leasing services to keep both trucks and trailers updated to reduce downtime. The wear and tear on a truck and trailer that spends weeks on the road can be significant, and replacing them is expensive. Semi-trailer leasing is one way to reduce the cost of new equipment and establish a yearly budget that keeps the company profitable. To learn more, contact a semi-trailer leasing service.