Paccar Leasing Company (PacLease) was launched 45 years ago as an extension and new service for Kenworth and Peterbilt dealerships. Today, that has culminated into a lease and rental fleet counting nearly 41,000 Paccar vehicles worldwide, the company announced in a release.
“In 1980, PacLease was established during a pivotal moment in the trucking industry marked by deregulation, offering customers greater flexibility and control over how they managed their transportation needs,” said Ken Roemer, president of Paccar Leasing.
“It made a lot of sense for our dealerships to join the PacLease network – we started with 17 franchises located across the U.S. and Canada. While fleets could lease Paccar products from other full-service leasing companies, we felt a direct connection with Kenworth and Peterbilt dealerships – who could custom-spec a truck for their customer’s exact requirements – would be a differentiator in the marketplace. And, looking back, it certainly has been.”
According to Roemer, momentum quickly grew. “And, it hasn’t stopped,” he said. “Today, we’re continuing to touch customers in the U.S., Canada, as well as in Mexico, Australia and Europe. It’s been exciting to see the growth.”
Supporting those vehicles is a network of 665 PacLease service locations – 540 of which are in the U.S. and Canada. Over the years, PacLease has expanded its service offerings to augment its full-service leasing and rental truck programs.
In 2024, it launched an online Franchise Portal, providing its network with a suite of real-time reports, including fleet prognostic information, to enhance operational efficiency and drive uptime. The company also provides customers with contract and managed maintenance programs.
