Page 42 - ATR 2 2012 web 2

lease, or leasing agent act in a disreputable
Continued from page 18 manner. He said that most requirements
are clearly stated.
business 15 years, said accounting rules “There’s so much more scrutiny,”
have changed. He said he encourages he said. “You don’t want the reputation “eVery clieNt’s
clients to collect at least one competing that you’re out there putting bad deals in Needs are differeNt.
bid and make sure their accountant looks front of clients and get the perception of some may waNt
at the contract to make sure there are no cheating them in any way. That’s not a
surprises and no unexpected costs. good reputation to have, and that’s not a depreciatioN oN
The good news? Jannetty said that good way to do business.” their balaNce
it’s rare that he sees a finance company The two financing companies agreed sheet, while others
may waNt expeNse

oN their iNcome
statemeNt.”

—mark JaNNetty, Vice
presideNt, regioNs baNk
equipmeNt fiNaNce corp.

J. J. Keller’s Special Report: that leasing, purchasing or some com-
Supervisor’s Guide to Hours of Service bination of the two all are good options

depending on a client’s circumstances.
Helps you understand and apply HOS rules As Larry Randall, equipment finance
so loads stay on the road – and on schedule.
specialist for Arvest Equipment Finance,
Following HOS rules keeps your operations legal and March 2012 explained it, “Every client’s needs are
your business profitable. This easy-to-understand mcsr.jjkeller.com VOL. 38 - NO. 3 different. Some may want depreciation
special report is an affordable way to share current Supervisor’s Guide to
and future HOS rules with your team. 206 pages. Hours of Service on their balance sheet, while others may
Includes
NEW hours-of- want expense on their income state-
Includes these key topics: service rules! ment.” Jannetty said, “When I have a cli-
Overview of NEW 2012/2013 rules ent come to me and say, ‘What’s the best
Revised 34-hour restart thing to do: Lease, finance, purchase?’ I
NEW mandatory break rule
Update on status of EOBR regulations can honestly say yes to all three.”
Who has to comply with the HOS rules That means companies must make
Driver and carrier responsibilities two decisions: first, whether to purchase
•SPECIAL REPORT•
Distinction between on-duty and off-duty time or lease; and second, how to administer
Log scenarios and log auditing exercises © J. J. Keller & Associates, Inc. ® whichever one they choose.
Sleeper-berth option Just-released edition “There’s no magic bullet,” Jannetty
Short-haul exceptions contains thorough coverage of said. “There are companies that are suc-
Much more! the NEW federal HOS rules cessful doing it multiple ways, and leas-
issued on December 27, 2011.
ing is one of those ways. Does it work
Get Yours Now! for everyone? No, it doesn’t. Will it work
for a lot of companies? Absolutely. But
jjkeller.com/HOSSpecialReport it’s just like anything else. You’ve got to
manage it well. You’ve got to understand
800-327-6868 it. And you’ve got to make sure it fits in
with your plan.”
You Benefit From This Partnership
A portion of the revenue from your purchase
supports your State Trucking Association.
PC 53641
42 ArkAnSAS trucking report | issue 2 2012