Parrish Leasing

What Parrish Leasing does

Parrish Leasing, Inc. is a privately held, family-owned commercial truck leasing and fleet-services company headquartered in Fort Wayne, Indiana, tracing its founding to 1968 and now operating under third-generation family ownership. The company runs two Fort Wayne facilities (the East Shop at 5104 Old Maumee Road and the West Shop at 3403 West Coliseum Boulevard) and delivers a stack of interrelated fleet services: full-service truck leasing, short-term commercial truck rental, contract maintenance, dedicated logistics support, used-equipment sales, full-service fueling programs, and brokerage services. ASE-certified technicians staff its maintenance operations and the company holds NationaLease GreenShop certification for EPA/OSHA compliance.

Its business model is service-led and recurring: long-term full-service leases bundle vehicles with maintenance, permits, licensing, roadside service, and substitute-vehicle coverage; short-term rentals accommodate seasonal or cyclical demand spikes; and contract maintenance is sold to fleet owners that prefer to outsource servicing. Revenue therefore mixes recurring subscription-style lease and maintenance contracts with one-time used-equipment sales and equipment-financing purchase options at lease end. The company does not publish pricing, and all services are quoted per engagement. It serves regional SMB and mid-market customers directly and reaches a national customer base through its membership in the NationaLease network, which comprises 165+ independent businesses with 600+ service locations across North America.

The company operates within a wider family-controlled ecosystem of sister companies (Brothers Express, Brothers Superior Services, Parrish Dedicated Services, and Commercial Warehouse and Cartage) that provide truckload, LTL, dedicated, refrigerated, and warehousing capacity. Parrish Leasing itself does not have a parent company, subsidiaries, disclosed external institutional investors, or a technology platform with public AI, API, or product-launch signals; it functions as a traditional industrial services operator whose primary moat is its NationaLease-backed distribution reach and embedded long-term contractual relationships with leased-fleet customers.

Name

Parrish Leasing

Legal name

Parrish Leasing, Inc.

Website

https://parrishleasing.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

Parrish Leasing is a third-generation, family-owned commercial truck leasing and fleet-services company in Fort Wayne, Indiana. It provides full-service leasing, short-term rental, contract maintenance, dedicated logistics, used-equipment sales, and fueling to regional and national customers through its NationaLease network membership.

Ownership category

akta.pro rank

Product category

Commercial Truck Leasing & Fleet Services

NAICS

Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (53212), Automotive Equipment Rental and Leasing (5321)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Services-Automotive Repair, Services & Parking (7500), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Box Truck / Dry Van Truck Leasing & Rental (TLABABAF)

akta.pro secondary industry

Commercial Fleet Leasing & Management (Trucks/Vans/LCVs) (THADAKAD)

Keywords

• Commercial truck leasing
• Contract fleet maintenance
• Commercial truck rental
• Dedicated logistics services
• Used truck sales

Headquarters

HQ city

Fort Wayne

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Truck Leasing: Full-service commercial truck leasing providing vehicles with maintenance, permits, licensing, roadside service, and optional purchase at end of contract.
2. Truck Rental: Short-term commercial truck rental for day, month, or longer periods to handle seasonal or unexpected demand increases.
3. Contract Maintenance: Outsourced fleet maintenance services for businesses that own or lease their own vehicles, including preventive maintenance and emergency road service.
4. Equipment Financing: Truck financing packages allowing option to purchase vehicles at end of contract period.
5. Used Equipment Sales: Sale of previously owned vehicles and equipment, with full maintenance history provided for first-owner equipment.
6. Fueling Programs: Full-service fueling at local fuel islands plus nationwide fueling programs through network partners, invoiced consolidated.
7. Dedicated Logistics Services: Transportation logistics solutions including supply chain visibility, routing, scheduling, fleet management, and warehousing through affiliated companies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Parrish Leasing delivers full-service commercial truck leasing and rental, providing businesses with vehicles bundled with maintenance, permit and licensing handling, roadside service, safety programs, substitute vehicles, and end-of-contract purchase options. The company also offers outsourced contract fleet maintenance, dedicated logistics and supply chain solutions, used commercial vehicle and equipment sales, and fueling programs for fleet operators.

Product overview

Parrish Leasing is a third-generation family owned and operated business founded in 1968, specializing in commercial trucking and transportation services. The company operates a unified portfolio of fleet management offerings centered around Full Service Truck Leasing, Commercial Truck Rental, Contract Maintenance, Dedicated Logistics, and Used Equipment sales. These core services are interconnected—leasing customers receive bundled maintenance and fueling programs, while rental services provide flexible capacity for seasonal needs. The company also offers dedicated logistics consulting and operates as a member of the NationaLease network, extending its reach to 600+ service locations across North America.

Differentiator

Problem solved

Functional benefit

Products and services

• Full Service Truck Leasing Full service commercial truck leasing program providing vehicles with maintenance, permit and licensing handling, emergency roadside service, safety programs, substitute vehicles, and optional vehicle purchase at contract end. Target customers are businesses needing commercial fleet vehicles without large capital outlays.
• Commercial Truck Rental Short-term truck and equipment rental services covering day, month, or longer durations for businesses facing seasonal demand spikes or cyclical industry transportation needs. Used to handle unexpected capacity requirements without long-term commitment.
• Contract Maintenance Outsourced fleet and truck maintenance services including preventive maintenance, pre-delivery inspection, ASE-certified technicians, authorized engine service, complete overhauls, and 24/7 emergency road service for businesses that own or lease their own vehicles.
• Dedicated Logistics Transportation logistics solutions using technology and experienced personnel for supply chain visibility, routing, scheduling, fleet management, and regulatory compliance, including warehousing through affiliated Parrish-family companies.
• Used Equipment Sales Sale of previously owned trucks and trailers maintained according to preventative maintenance schedules exceeding industry standards, with full maintenance history provided for first-owner equipment. Includes brokerage services for equipment sales beyond the company's own inventory.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• NationaLeasecoreChannel Partner/ Reseller/ DistributorNationaLease is one of the largest full service truck leasing organizations in North America, comprising 165+ independent businesses and 600+ service locations. Parrish Leasing has been a member since 1980, providing them national-scale competitiveness and access to a broader network of transportation solutions.
• Commercial Warehouse and Cartage (CWC)minorStrategic or Co-development PartnerWhile not under the same ownership as Parrish Leasing, CWC is within the 'Parrish family' and serves as a trusted provider of warehousing services and third-party logistics solutions. Collaborates on logistics needs including transportation, third-party logistics, and warehousing.
• Brothers Express, Inc.minorStrategic or Co-development PartnerSister company under the same ownership as Parrish Leasing. Truckload and LTL carrier plus third-party logistics provider based in Fort Wayne, offering nationwide truckload coverage, LTL service to eight states, and dedicated/regular-route packages.
• Parrish Dedicated ServicesminorStrategic or Co-development PartnerSister company under the same ownership as Parrish Leasing. Dedicated carrier operating out of Fort Wayne and Indianapolis with extensive experience in dry van, flatbed, and refrigerated/deep frozen transportation.
• Brothers Superior ServicesminorStrategic or Co-development PartnerSister company under the same ownership as Parrish Leasing. Truckload and LTL carrier and third-party logistics provider operating out of Indianapolis, offering regional truckload coverage, LTL service to eight states, and dedicated/regular-route packages.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Enterprise Truck Rental: Large-scale commercial truck rental and leasing arm of Enterprise Mobility, covering light- and medium-duty trucks with broad branch coverage. Most directly comparable to Parrish's commercial truck rental product, but with national branch density.
• U-Haul: Predominantly consumer-oriented truck and trailer rental operator with extensive North American dealer footprint. Overlaps with Parrish's short-term truck rental offering at the light-truck/van tier, though U-Haul's customer mix skews consumer while Parrish skews commercial.
• Ryder System: One of the largest full-service truck leasing and fleet management operators in North America, offering commercial leasing, rental, maintenance, and dedicated logistics. Directly comparable service portfolio to Parrish but at vastly greater national scale.
• PACCAR Leasing (PacLease): PACCAR's full-service truck leasing program with Kenworth- and Peterbilt-affiliated independent locations across North America. Directly comparable full-service lease product and franchise-network model, though backed by an OEM parent.
• Penske Transportation Solutions: Major full-service truck leasing, rental, and contract maintenance provider with deep North American coverage and integrated logistics capabilities. Competes for the same customer RFPs as Parrish, especially at the enterprise tier where NationaLease partnership helps level the field.
• Budget Truck Rental: Nationwide consumer and light-commercial truck rental brand with broad dealer-based coverage. Overlaps with Parrish's commercial truck rental product for SMB and short-duration needs, though primarily a rental-only operator without full-service lease depth.
• Volvo Trucks Financial Services / Volvo Leasing: OEM-affiliated full-service leasing offering for Volvo trucks via dealer-based and direct programs across North America. Competes for the same mid-to-large commercial fleet leasing customers as Parrish, especially those standardizing on Volvo platforms.

Direct peers

• Idealease: International's affiliated full-service truck leasing network with multiple independent member locations across North America offering leasing, rental, and maintenance. Closely analogous network-based model to Parrish's NationaLease structure, serving similar mid-market commercial fleet customers.
• MHC Truck Leasing: Regional commercial truck dealership group offering leasing, rental, and contract maintenance across multiple U.S. locations. Comparable business model and customer base to Parrish, with similar multi-location regional coverage strategy.
• Premier Truck Leasing: Mid-market commercial truck leasing, rental, and maintenance provider with multiple regional locations. Closely comparable size, service mix (full-service leasing, contract maintenance, rental), and target customer profile (regional commercial fleets) to Parrish Leasing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/parrish-leasing

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parrish Leasing