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Trailer Fleet Services e-update : On the Move Trailer Fleet Services e-update : On the Move
Get A Quote Equipment Sales TRAILER SALES Locations AUGUST 2007
 

Sale and Leaseback Option

Do you have a TRAC lease payment coming due on financed trailers that you still want to use?  Consider doing a Sale and Leaseback (SLB) to get the cash you need.  It is a creative and effective way to avoid that large out of pocket payment.  

The way it works: you sell your trailers for market value, then lease them back for the remaining use period.  You get cash from the sale that is used to payoff the TRAC payment.   In many cases, the amount funded for trailers will exceed the TRAC amount, and you receive those excess funds.  Using lease versus debt to finance the TRAC payment, you also transfer remarketing risk to the Lessor, and typically you will have lower monthly cash outflow during the lease term. 

Additional benefits of an SLB strategy can include:

  • Possible off-balance sheet financing
  • Defined Trade Terms: 50% Tires/50% Brakes/$250 Damages
  • End of term exit strategy; no need to monitor used trailer markets
  • Ability to drop off trailers at many locations throughout the United States

GE’s Trailer Fleet Services can help you analyze whether a Sale and Leaseback option is right for your business.  Contact Doug Lee at 484-254-0395 to learn more about this option.

 

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Renting Trailers:  Key Things to Consider
 

Q. I often need to rent trailers.  What are key things I should consider in selecting a supplier?

A. GE-Trailer Fleet Services’ Product Leader-Rental, Eddie Robinson, responds.

There are lots of companies renting trailers, but not all are created equal.  When looking for a rental trailer supplier, here are a some few key points to consider:

  • Check out the quality, selection and availability of trailers   Look at your fleet mix, and if it requires multiple trailer types or even just a single type, find a supplier that can get you quality trailers in the quantity you need when you need it.  Also, think about your demand.  Can you often anticipate your needs or are they constantly changing?  You want a supplier that has trailers available whether you rental demands are expected or unexpected. 
  • Select a supplier with nationwide locations – Whether you need to rent trailers in one location or many, find a supplier that has multiple locations across the regions where you operate.  This will help facilitate the pick-up and drop-off, as well as if the trailer needs maintenance while on rent. 
  • Does the supplier continually invest in new trailers?   Find a vendor that is committed to the rental business and is continually investing in new equipment.  All trailers age and eventually need to be replaced.  You don’t want to rent trailers that are at the end of their life. 

Eddie continues: “At GE-Trailer Fleet Services, we offer one of the largest trailer fleets in North America from nearly 100 convenient locations.   We never stop investing in our fleet in order to provide customers with the best quality and mix in the market.“  For help with trailer rentals, give us a call at 800-333-2030 and we’ll be happy to review your rental needs, whether for a day, a week a month or longer.

 

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New 2008 Trailers Available for Lease
 

Brand-new Hyundai, Stoughton, and Wabash dry vans are available for lease.  Located in various cities across the U.S.  Call Aileen Sheppard at 312-520-0281 or email aileen.sheppard1@ge.com for lease rates and trailer specs.

 

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" Silent Bid" Trailer Events
 
Great Opportunity to acquire pre-owned trailers.

Special “silent bid” trailer sale events will take place in five cities in August and September.  Large inventory of trailers.  These events are invitation-only.  To get your invitation to the bidding action, call or visit one of the GE-Trailer Fleet Services branches shown below

Auction Cities

Week of 8/6
Memphis – 901 375-1884
Jackson, MS – 601 373-1964

Week of 8/13
Atlanta – 404 627-3527 or 404 505-1730
Charlotte, NC – 704 394-9301
Birmingham, AL – 205 808-0056
Carlisle, PA – 707 245-2482
Mountville, PA – 717 285-0082
Houston – 703 672-8375
San Antonio – 210 271-9028

Week of 8/20
Indianapolis – 317 634-4200
Miami – 305 883-9479
Orlando – 407 851-5036
Tampa – 813 623-2667
Jacksonville, FL – 904 783-1857
Columbus, OH – 614 527-4302
Cincinnati, OH – 513 771-6626

Week of 8/27
Aberdeen/Landover, MD – 410 273-0903

Week of 9/3
Toronto – 905 670-0106

Week of 9/10
Detroit - 313 584-2721
Toledo, OH – 419 727-9922
Chicago – 630 783-8023
Milwaukee -  414 489-1726
Montreal – 514 334-1270
 
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Tools for PurchasingPre-Owned Trailers
 
If you are looking to purchase pre-owned trailers... check out our Deal of the Week e-update and online inventory search tools!
Deal of the Week

Each week we email remarketing and sales deals directly to your inbox. The Deal of the Week has something for everyone - whether you are looking for groups of trailers to purchase, or want to scan our inventory of individual trailers by type, location or size. Our inventory changes daily, just as your needs may, so don't miss a week!

Sign up for Deal of the Week
Equipment for Sale

Search for specific units you need with ease through our enhanced Equipment For Sale tool, using our Premier Services* web site.

Search by multiple criteria - such as Length, Manufacturer, Door Type or Year - and have your inquiries sent directly to a regional sales representative for quick follow-up. Our system is updated nightly to reflect our most current inventory.

To search for Trailers available to purchase, click here now.

*You must register for our Premier Services online application to use this tool. Registration is easy & free.

To register now, click here.

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In this Issue

PRODUCT HIGHLIGHT
- Sale and Leaseback Option
ASK AN EXPERT
- Renting Trailers: Key Things to Consider
SPECIAL LEASE OPPORTUNITY
- New Trailers Available for Lease
TRAILER SALES-MORE AUCTIONS!!!
- "Silent Bid" Trailer Events!
INDUSTRY RESOURCES
- Tools for purchasing pre-owned trailers
50 Ways to Use an (Old) Trailer?
 

We all know the song “50 Ways to Leave Your Lover” but have you thought about "50 Ways to Use an Old Trailer?" Show your creativity and send us your ideas, via the link below, on 50 ways to use an OLD over-the-road trailer. Watch for a compilation later this year as part of our 50th anniversary.

Submit ideas here.

We also welcome photos of old trailers being used in unusual ways or in unexpected locations. Email the photos to: brian.castelli@ge.com

or mail them to:

Brian Castelli
GE-Trailer Fleet Services
530 E. Swedesford Road Wayne, PA 19087

Be sure to include your name and phone number along with a description of the photo, location, and date photo was taken. Note: photos will not be returned and submission grants GE the right to use them in publicity and marketing materials.

 

 

Ready to join the premier Operations and Sales team in the industry?

Trailer Fleet Services from GE has a number of opportunities available, for all levels of experience. We offer competitive salaries and benefits, and the chance to be a part of Fortune Magazine's #1 Most Admired Company in the U.S. and the World.

> Learn More
Important Links

> On the Move e-update archive
> Web poll archive
> trailerservices.com
We hope you enjoyed this issue of On the Move, e-news update from GE. Tell us what you would like to hear about in an upcoming issue, send us an e-mail at marketing.info@ge.com
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