Tag: power by the hour

Transport & Logistics

Asset leasing in rail – what are the safety concerns?

“Power by the hour” deals have long been used in aviation, due to their perceived financial attractiveness. Unlike traditional time and material-based models, these long term service agreements (LTSAs) rid transport owners of weighty overheads, by linking engineering and maintenance costs to required activity. Fixed hourly rates mean that transport businesses no loner need to…

6 Apr 2018, by Amy Sarcevic