www.TankTransport.com TANK TRANSPORT TRADER -- July 2010 -- Page 1 ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;
chemical
DISTRIBUTION
;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;
The National Newspaper of the Liquid and Dry Bulk Transportation Industry
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
See Our New Product Digest Section on Page 22!
More fleets finding benefits in leasing
As the nation continues to
pull itself out of a disastrous
recession, fleet owners
and managers are drilling
into every aspect of fleet
management to make sure
they are keeping their fleets
safe and profitable, whether
it’s equipment selection and
acquisition, maintenance,
or capital equipment tax
considerations.
As part of this review, fleet
operators are comparing the
cost of ownership -- including
management time spent
dealing with fleet maintenance,
legalization, record keeping,
etc. -- with full-service leasing.
“The conundrum of whether
to lease versus own has been
facing business owners for as
long as the leasing concept
has been around,” said
(More fleets continued on page 18)
Gene Scoggins, president of
NationaLease. “Full-service
leasing combines financing and
services offering economies
of scale with single-vendor
sourcing. The number one
reason people are considering
leasing today is that it’s an
alternative way to finance
the equipment they need.
With capital being a limited
resource, the investment
needed for new equipment
is huge. In this tight credit
market, prospective lessees
can turn to full service
companies as an alternative to
traditional lending sources.”
The way a lease typically
works is that a monthly
payment is determined by
the cost of the vehicle, the
apportioned tax and license,
Walker Group Hldings Expo ’ 10 attracts more than
100 customers from across North America
Andy Mulvey and Dave Thomas of RBS Bulk Systems,
a dry and liquid bulk tank transport company based in
Canada, attended the Walker Group Holdings 2010 Expo.
The Walker Group
Holdings Expo ‘ 10
(formerly known as
the Brenner Expo)
was held June 16 and
17 in Fond du Lac,
Wisconsin. More than
100 tank truck industry
representatives attended
the two-day technology
conference. The annual
interactive learning
event gives customers
access to technological
developments and
experts in a number of
fields from transportation
safety to metallurgy,
and has proven to be an
industry must-attend
event.
( Walker continued on page 9)
Beall Corporation
announces Werts
Welding & Tank Service,
Inc. as distributor
Leasing group seeks tax credit for trucks
Beall Corporation is pleased
to announce the appointment
of Werts Welding & Tank
Service, Inc. as a distributor
for petroleum and pneumatic
trailers in Alabama, Georgia,
and Florida. Werts Welding is a
leader in the Southern United
The Truck Rental and
Leasing Association (TRALA)
is continuing its push for
passage of federal legislation
that would create tax credits
for the purchase or lease of
new medium and heavy duty
trucks. A proposal being
pushed by TRALA and other
industry groups would create
a 10-percent investment tax
credit for the purchase or
lease of heavy duty, Class 8
trucks with engines that are
compliant with 2010 emissions
mandates.
(Beall/ Werts continued on page 21)
engines. The green voucher
program would be similar to
the recent cash for clunkers
program, where a dealer/lessor
places a truck order with the
manufacturer, followed by
completion of a voucher that is
submitted to the government,
and the government then
reimburses the truck dealer/
lessor for the credit.
( TRALA continued on page 21)
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;;;;;;;;
;;;;;; ; ; ; ; ; ;
; ;;;
; ;;;; ;;;; ;
; ; ; ; ;;; ; ;;;; ; ; ;
;;;;;;;;;;;;;;;;;;;;;
; ; ; ;; ; ;;;;;;;;;;;
;;;;;; ;;;;;;; ;;;;;;;;;;;;
