PacLease, a truck lease and rental provider, reported record truck deliveries as it looks back on 2023. The provider also opened 26 locations around the country over the past year.

According to Ken Roemer, president of PACCAR Leasing, full-service leasing made up an increasing part of the overall truck market in 2023, accelerating even faster than in previous years. “There was a big swing for those moving into leased trucks, and we benefited from that as our fleet continued to grow,” he said. “We’re doing very well with our traditional private fleet customers – and our work with vocational customers continues to surge.”

Roemer said the parts shortage and supply constraint truck OEMs faced during the past few years is now over for the most part, “and it’s great to be doing business like normal. New customers to leasing, and those who are renewing the leases of an aging fleet, continue to place orders. And, we have more trucks available to bridge the gap for customers needing units immediately as they place their orders for new leased trucks.”

PacLease is also planning to add more in-service EV trucks in 2024. “We broke the ice in 2023 by leasing electric Kenworth and Peterbilts in multiple markets, plus several of our locations are now renting EV units,” said Roemer. “We will continue to ramp up that effort to support our customers interested in going green.”