The OTA’s inaugural Finance Council meeting was a resounding success at OTA’s 91st executive conference in Toronto.
Several dozen fleet financial execs gathered to discuss several topical issues dealing with the money side of trucking.
Topics included:
Building a financial plan to take your company to the next level with new insights and approaches; discussing the commercial real estate market and the benefits of leasing or buying new space; exploring what lenders consider when determining the financial health of your business.
The keynote session was a panel discussion covering trailer valuation trends for new, used, and trailer equipment in between. Panelists and participants discussed how fleets can optimize these transactions in 2018.
“The role of the finance professional continues to evolve by moving away from reporting on the past towards taking an active role in creating value in the business going forward. To be successful, one needs to broaden their network, build their expertise beyond debits and credits, and become comfortable testing conventional wisdom in the face of an ever-changing marketplace. That is the focus of this council,” says council chair Jon Saunders, VP of Finance, Polaris Transport.
OTA would like to thank Jon Saunders, Al Boughton, President, Trailcon Leasing, Brent Larson, President, Wabash Canada, Chris Henry, In-Gauge, John Lafontaine, Vice Chairman, CBRE Limited, and Michael Emrich, Senior Manager, Commercial Banking, CIBC for presenting at the event.
The next Finance council meeting will be in June 2018. If you would like to participate or provide suggestions for future topics or speakers going forward, e-mail jsaunders@polaristransport.com