Press Release

National Transportation Lender Expands Customer Service and Syndication Teams

For the past 7 years, California has required any heavy-duty diesel vehicle over 14,000 pounds GVWR operating in California to meet strict in-use emissions standards or face large fines and possible registration holds from DMV.

Nothing is Free, but the state may make it cheaper. There is not much of an argument against transitioning the transportation fleet to a zero-emission platform, in theory at least.

The California Air Resources Board (CARB) has issued several thousand DMV registration holds for non-compliant equipment currently operating in California. In 2020, a formal standard will be enforced by the DMV where any 2004 model year or older model year diesel vehicle with a GVWR of 26,000 pounds or less will be denied registration as of January 1. Heavier diesel vehicles with a 2000 model year engine or older will also be denied.

Long Beach, CA (June 27, 2019) – Harbor Trucking Association held their annual DrayTECH Conference in Long Beach yesterday, and Crossroads’ VP of Government Programs Matt Schrap shared some insight into emerging innovations that will help revolutionize the drayage industry as a speaker on the Clean Tech: Driving Down Emissions panel.

Rancho Cucamonga, CA (May 28, 2019) – Suzann Fakhoury, Credit Manager at Crossroads Equipment Lease and Finance, recently passed the CLFP exam, given by the Certified Lease & Finance Professional (CLFP) Foundation.

Crossroads Equipment Lease and Finance, a leading provider of world class transportation financial solutions has launched significant improvements to our website CRLease.com.  We are investing in the enhancement of our programs, processes and website capabilities in support of increased customer demand. Crossroads is leading the industry forward in developing mobile and online experience devoted to our dealers, customers and prospects.  The website features a streamlined and simplified design, improved functionality and enriched content.

Jim Kachidurian has been named Executive Vice President – Business Development Reporting to Howard Shiebler, President of Crossroads.