Category: News

Leasing rules are changing, but fiscal advantages will remain

Broad changes will go into effect a year from now altering how equipment leases are accounted for on corporate balance sheets. Yet those changes shouldn’t impact trucking too much.

New lease accounting rules will hitting the books in a little over a year, changing how trucking companies that lease trucks, trailers and other equipment “recognize” the value of such assets on their balance sheets.

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Leasing rules are changing, but fiscal advantages will remain

Broad changes will go into effect a year from now altering how equipment leases are accounted for on corporate balance sheets. Yet those changes shouldn’t impact trucking too much.

New lease accounting rules will hitting the books in a little over a year, changing how trucking companies that lease trucks, trailers and other equipment “recognize” the value of such assets on their balance sheets.

read more

FMCSA Outlines Plans for Public Meeting on CSA Study

In preparation for a Sept. 8 public meeting, Federal Motor Carrier Safety Administration officials said they have outlined a number of “high-level proposals” to address a slate of recommendations made in a National Academy of Sciences study of the agency’s controversial Compliance, Safety, Accountability program.