Smart Ramp Equipment Financing

Strategic Investments

Positioning for 2019 & Beyond

The Equipment Leasing and Finance Association (ELFA) has just released it’s “What’s Hot/What’s Not: Equipment Market Forecast 2019” report. Based on the association’s projections, this year will see a 4% increase in equipment spending throughout the nation.

Compare that with an 8% increase in 2018. Growth is growth, yet—with this year’s projected growth half of last year’s, and with a general consensus that the economy is likely to slow down next year—the statistics do raise a sense of caution.

Another consensus: capitalizing on growth in the current, sound environment can act as a strong buffer if and when the nation’s economy slows or stagnates. And that can partly explain businesses making investment now in their infrastructure.

What’s hot for 2019 financing? The ELFA’s top five industries:

  1. Construction
  2. Trucks/Trailers
  3. Machine Tools
  4. Medical
  5. Hi-tech/Computers

The Yard Ramp Guy has served each of these industries (and continues to do so).

Many of our customers finance their yard ramp purchases, and we’ve made the process as simple and straightforward as possible.

On most of our Used Yard Ramp listings, you’ll find a “Calculate my Payments” link, alongside a link to Learn More About Financing. We’re pleased to have recently partnered with ACG Equipment Finance and appreciate the simplicity of their approach to financing.

Alongside having your equipment on site and put into immediate use, one of the main benefits remains the Section 179 tax deduction:

“Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.”

Want a high-level overview? Our Yard Ramp Financing page covers it.

Have questions? Give us a call: (888) 977-4224.

Here’s to your healthy, profitable 2019 . . . and beyond.

This week, our man McCoy Fields travels back in time and place to the Americas of 1491 and discovers bustling civilizations and no shopping malls.

Read his terrific blog HERE.

The Year in People and Forklifts

2018…and Beyond

The YRG Wheel Keeps Turning
The YRG Wheel Keeps Turning

If we told you that nothing much happened this year, and have a nice day, we’d be half right.

Much happened in 2018, some of it head-spinning, some of it anticipated. The price of steel experienced a volatility, largely as a result of international tariff adjustments. Some of these price hikes were actual, and some were projected. The steel market seems to have largely stabilized, though we’re always keeping an eye on that world.

With steel as the major component of most of our yard ramps, its price always affects our business. The Yard Ramp Guy’s position in the industry and relationships with our manufacturers positioned us with the ability to keep pricing both competitive and quite attractive for our customers.

Steel rusts. Three months after a brand new yard ramp leaves the manufacturing plant, you’ll begin to see the effects. Fluctuating humidity and temperature and sun and rain work away. The orange-and-red appearance of oxidation is a natural process. Our manufacturers meet and exceed standards, and each ramp should provide our customers with many years of steady service.

The Yard Ramp Guy does not rust. Like the inventory we sell and rent, the foundation of our business model is to work quietly—yet efficiently and honestly—in the background for our customer base.

Our slogan—First we earn your trust, and then we earn your business—is our credo, and there’s simply no place in there for rust, real or metaphorical.

So, we’ve been busy. We’ve grown the business, strengthened relationships, made new connections. The Yard Ramp Guy team will be just fine if we never become a meme that goes viral.

(That said, it would be very cool if we did, in fact, become a meme that goes viral.)

While price and oxidation may affect steel, our commitment to our customers—with honesty and clear communication—remains steady.

The bottom line is not money. It’s you.

Happy New Year.

Our man McCoy Fields switched to decaf this week and produced an amazing picture of coffee benefitting civilization itself.

Pour yourself a cup of joe, and read about it HERE.

Eccentric Yard Ramps

Honoring the Sand Pad

The Yard Ramp Guy: Sand Pads
Well, we could arrange delivery.

When we posted an All-Steel Yard Ramp with Sand Pads, it gave our web guy pause. He paused on the sand pads. We forgive him; he knows not.

Internet research brought up a number of possibilities for “sand pads,” including:

  • The proper name for a beach house rental in northern Oregon.
  • Certain sand pads (aka “sander pads”) used to smooth surfaces before painting.
  • Areas created for people to stand and observe so they don’t trample on things during visits to nature conservation areas.
  • Our favorite: the SandPad, providing “a wider base of stability than normal crutch cane or walker tips to support a user’s weight for easy travel without sinking into sand, grass, gravel or snow.”

Most of these alternatives speak to mobility—easier application of paint, free movement in a specific area without disrupting the environment, and better negotiation of otherwise inaccessible or exceptionally challenging territory.

As applied to yard ramps, the definition is a fairly simple and straightforward. For our purposes, sand pads are square, flat plates of steel. Customers use these on ramps that are literally going to be used in a stationary capacity, though not at a dock. Rather, they’re best put to work in, say, a field or in the middle of a recycling center’s lot.

A yard ramp with sand pads provides a fitting option to tires, especially when you have no need to secure it to a loading dock. It typically has an incline to accommodate your forklift moving from one service range to another.

And whether serving in sand or in a cornfield, the sand pad performs with greater stability than a tire and will prevent your yard ramp from getting stuck or sinking into the softer ground.

Rare, yes, though not unprecedented.

A yard ramp with sand pads. Another example of the breadth of our inventory. Need a custom solution for your application? We readily handle that.

It seems that our man McCoy Fields has just turned his house into Jurassic Park. And it has something to do with kitty litter. We kid you not.

Click HERE to read about it.

Honoring Industry Partners

Our Above & Beyond Appreciation

Ace Wrecker Service in Action

When we thank you for the opportunity to earn your business, that’s not an empty catchphrase. Rather, it’s our guiding principle. In our experience, business works best when trust, not profit, takes priority.

Time and again, we’re honored by our association with customers, vendors, and manufacturers.

Which brings us to Hurricane Florence, which struck the Carolinas in early September of this year. Florence caused at least 55 deaths and some $17 billion in damage. It is the wettest storm ever recorded in North and South Carolina.

The Yard Ramp Guy strategically places its depots across the United States, giving us the ability to shorten delivery time and reduce transport costs for our customers. One such depot is with Ace Wrecker Service in Wilmington, NC. We also contract with them for loads and off-loads for transactions mostly within a hundred-mile radius of their location.

As Hurricane Florence bore down on the Carolina coast, the governor encouraged evacuations. That was followed by a series of voluntary and mandatory evacuation orders, depending on location, as informed by the weather forecast.

At the same time, a Yard Ramp Guy customer needed a ramp delivered from Wilmington to Florida, and we scheduled transport to pick it up.

Because so many people were evacuating, and with the resulting volume of traffic on the roads, our carrier called Ace Wrecker Service to report that he was delayed.

Ace said, We’ll wait for you.

Our carrier arrived. He loaded the ramp onto his flatbed, secured it with straps, and took off for Florida.

If the traffic congestion and impending weather would have created imminent danger, we know that the scheduling would have been delayed or cancelled. Because we would have insisted upon it. And, without complaint, we would have found an alternate solution for our customer in Florida. As it happened, the timing was good enough to assure a safe pickup.

The aftermath for people and businesses in the Carolinas was another story. In the wake of Florence, all that rain and storm surge created floodwaters that cut off Wilmington from the mainland for a time.

Our gratitude to the team at Ace for going above and beyond.

This week, our man McCoy Fields has discovered that it took 2,000 years to build a canal, and he's just a bit impatient about the whole matter.

Click HERE to read about it.

Managing Transportation Blips

Tapping the Pulse of Compliance

Customer Service with Transparency
The Yard Ramp Guy: Keeping Our Eyes on Transportation Conditions

In the name of transparency (one of The Yard Ramp Guy’s pillars of business), we want to share with you an interesting situation regarding the nation’s truck drivers and a planned U.S. Federal Motor Carrier Safety Administration inspection that’s set for next week.

The inspection will last all of 72 hours—June 5th to June 7th—yet has potential impact on our deliveries.

Some background:

On December 18, 2017, the U.S. government mandated an Electronic Logging Device (ELD) be installed in buses and commercial trucks. The ELD mandate is designed to automate compliance with hours of service a driver can be on the road in any given period of time.

Though there are some exemptions to the rule (i.e., short-distance operations, tow truck drive-away operations, etc.), the ELD mandate applies to most vehicles The Yard Ramp Guy contracts with to deliver our inventory.

Larger freight companies have the capital to install and put the ELDs into service on their fleets. The independent contractors have tended to bristle at the added expense and training. Various amendments were introduced last year to delay the mandate’s timeline; they were largely unsuccessful.

With that, a percentage of carriers moved on to other professions. Which caused a disruption in the supply-and-demand chain. Which caused an increase in freight charges. From manufacturers and resellers to freight companies and end-use customers, the entire industry has been grappling with this. (It’s been quite a year; we’re not even folding in the issue of volatility in the steel market.)

Conventional wisdom points to the disruption calming down and steadying over the next few months.

In the short term and the long term, the goal and the effect are to increase safety on the nation’s highways.

And so, next week’s road check. From a Commercial Vehicle Safety Alliance press release in March:

“The vehicle inspection includes checking brake systems, cargo securement, coupling devices, driveline/driveshaft components, exhaust systems, frames, fuel systems, lighting devices, steering mechanisms, suspensions, tires, van and open-top trailer bodies, wheels, rims and hubs, and windshield wipers. Additional items for buses include emergency exits, electrical cables and systems in the engine and battery compartments, and seating.

“Drivers are asked to provide their operating credentials and hours-of-service documentation, and will be checked for seat belt usage. Inspectors will also be attentive to apparent alcohol and/or drug impairment.”

From our view, and in the name of safety, it’s hard to argue with that concerted inspection.

Still, we suspect June 5-7 might be an opportunity for some carriers to take a few days of vacation. We work with freight logistics specialists we consider part of The Yard Ramp Guy team.

With or without a planned vehicle road check, we always strive to find all of our customers the quickest, safest, and most reasonably priced delivery of our mobile yard ramps and stationary loading docks.