News Release

Reciprocal Relationships Keep Independent Truck Leasing Companies Strong

As a member of the NationaLease Young Executives Club, Fleming NationaLease Vice President and COO Kevin Fleming understands the abiding value of sharing best practices and partnering on new business opportunities with fellow leasing professionals. He gives his take on the state of the current truck leasing industry in a blog on the NationaLease Website.

June 04, 2013, Downers Grove, IL – While some of the external forces impacting the truck leasing industry today – such as the sharp focus on sustainability and the progress of technology – could not have been envisioned by earlier generations, the importance of forging strong relationships among leasing company owners has always remained a constant. In a blog posted on the NationaLease Website, Kevin Fleming, Vice President and COO of Fleming NationaLease in Springfield, VA, said that partnering with other companies on new business opportunities and sharing problems and solutions can help the independent business operator survive and flourish.

“Younger leaders in the leasing industry, including many who are taking over the reins of businesses from family members, still see the value of working cooperatively,” Fleming said. His company, which he co-founded with his brother Dan, is successful partly because of the cooperative reciprocal relationships it has with other NationaLease member companies. The brothers are members of the NationaLease Young Executives Club, which brings together the younger generation of leasing leaders to network and share solutions.

In the blog, Fleming explains how he and his brother took the very unusual step of starting up a new leasing company from scratch versus taking over an existing business from an older family member. He also talks about the toughest challenges he sees facing the trucking industry, including the stringent environmental regulations that have increased the price of trucks and in some ways made them less reliable and more difficult to repair, in his opinion. The outlook for the independent truck leasing industry still remains positive, he said.

Fleming’s blog can be viewed in full at the NationaLease Website at http://blog.nationalease.com/reciprocal-relationships-keep-truck-leasing-companies-strong/.

About NationaLease
Founded in 1944, NationaLease is one of the largest full service truck leasing organizations in North America, with over 1200 locations throughout the U.S. and Canada and a combined customer fleet of over 175,000 tractors, trucks, and trailers. The company provides comprehensive fleet management services for private fleets and transportation service providers. More information can be found at nationalease.com.

Media Contact for NationaLease
Rob Tacey
Director, Communications & Public Relations
press@corcentric.com
(302) 897-3094

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Caption:
Kevin Fleming, Vice President and COO, Fleming NationaLease
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