What your fleet maintenance decisions depend on
If your fleet is making a decision about whether to outsource fleet maintenance and repairs or keep it in-house, there are a variety of factors to consider.
Bestpass surpasses 400,000 active transponders, 200,000 daily transactions
Bestpass announced that it recently surpassed 400,000 active transponders on the road, facilitating more than 200,000 transactions each day for customers on the company’s nationwide toll coverage network. “We’ve been able to increase our transponder count by more than 100,000 each of the past two years,” said John Andrews, president and chief executive officer of
Defining downtime to make effective service choices
Any fleet manager will tell you that well maintained vehicles are safer, more fuel efficient and can provide for a longer and lower cost service life. For that reason, they would say, planned downtime for maintenance and repair events is a good investment. “While some downtime is a necessary and routine part of doing business
Rush Enterprises reports ‘solid financial performance’ in Q1 2014
Rush Enterprises Inc. announced results for quarter one of 2014, ending March 31, 2014. The company’s net income was $12 million, or $0.30 per diluted share, compared with net income of $13.5 million, or $0.34 per diluted share, in the quarter ended March 31, 2013. “We are proud of the company’s solid financial performance this
Managing assets: Developing a leasing contract
Evaluating lease contracts, finding the right deal and the right mix of leasing and ownership for a fleet begins with questions: What is the best way to use available capital? What are my fleet’s costs for maintenance and ownership? What information do I need to make that determination? What are the benefits of leasing if
Rush Enterprises Inc. reports 2013 financial results
Rush Enterprises Inc. reported record annual revenues of $3.4 billion compared to $3.1 billion in 2012 and net income of $49.2 million, or $1.22 per diluted share. In 2013, the company recognized a pre-tax charge of $10.8 million in its selling, general and administrative expense related to the Retirement and Transition Agreement with W. Marvin
Rush Enterprises acquires assets of dealership groups in Illinois and Indiana
Subsidiaries of Rush Enterprises Inc. have acquired certain assets of CIT Inc., which does business as Chicago International Trucks, Mcgrenho LLC, which does business as Indy Truck Sales, and Indiana Mack Leasing LLC; and the membership interests of Idealease of Chicago LLC. The purchase price for the assets, membership interests, goodwill and dealership properties was
Rush Enterprises continues growth
Rush Enterprises is completing acquisitions in North Carolina and Ohio and entering purchase agreements with two dealer groups to acquire locations in Kansas, Missouri and Virginia.
Rush expands national network
Subsidiaries of Rush Enterprises, Inc., the operator of the largest network of commercial vehicle dealerships in North America, have acquired certain assets of Piedmont International Trucks.
Rush reports results
In 2012, Rush’s Class 8 retail sales increased by 10% over 2011, and accounted for 5.0% of the total U.S. Class 8 retail truck sales market. U.S. Class 4-7 medium-duty truck sales by the dealership were up 30% last year, and accounted for 4.3% of the U.S. Class 4-7 market.