We serve hardworking transportation professionals. Because we are hardworking transportation professionals.

TEL Was Built to Serve Transportation Professionals.

TEL is pursuing a vision established by our founder, Doug Carmichael, to help and serve two types of customers:

  • Fleet owners who want to grow
  • Owner-operators who want to start their own businesses

An Early Focus
on Used Equipment

TEL was founded in 2004 and got its start serving carriers by selling used trucks and trailers to the carriers and remarketing used equipment for the carriers. TEL quickly added leasing services focused on helping small fleets gain easier access to equipment. Then the company expanded in 2013 to include leasing services to owner-operators. As more fleet owners and independent operators found success through TEL programs, the business concept took off.

A Shift to New Equipment

Over the years, TEL became an innovator and leader in the industry by shifting their focus from used equipment to new equipment. TEL is the premier commercial truck and trailer equipment lease and remarketing provider. Customers know they can work with TEL to lease new (or lightly used) state-of-the-art trucks and trailers so that they can run a more successful and profitable business. TEL’s customer success rate is well above the competition.

TEL 360 – The New Standard for Transportation Business Support and Innovation

Today, TEL’s services go well beyond equipment leasing and sales. TEL has developed truly unique and innovative programs for truck maintenance, fleet support, and business support for both owner-operators and fleet owners. TEL created the first complete program to help truckers build successful businesses and achieve their dreams – TEL 360.

No matter what your dreams are made of – a company driver dreaming of buying your first truck, a fleet owner dreaming of going from 50 trucks to 100, or a truck dealer dreaming of higher volume and profits – TEL offers the high-quality trucks and 360° support you need to make your dreams come true.


Our customers rave about the
communication and support we provide.

Real reviews from happy customers are the fuel that keeps our engines running.
At TEL, we are committed to providing the absolute best programs and support in the transportation industry and we won’t accept anything less. Neither should you.

Good communication and follow through with any questions and concerns one might have.

Jorge Gutierrez

TEL is the reason I’m a successful owner. Thank you for all the opportunities you opened the door for. They give you all the tools and guidance needed for success!

John Nickerson

TEL is the best leasing program out here. They give you a lot of options with your truck. If you have problems with payments they help you with different options. If you’re not happy with the company that you’re leasing through you can take your lease with you to another company that they’re affiliated with.

Ulundia Preston

Love reading reviews as much as we do?

5 Stars

The TEL Leadership Team

Executive Team

Doug Carmichael

Chief Executive Officer

 Jud Alexander


 Sheri Aaberg

Chief Operating Officer

 Victor Duggard

Chief Financial Officer

 Jeff Berger

Chief Information Officer

Vice Presidents

Aaron Thompson
Brandon Lairsen
Brandon Lairsen
Jacob Brazier
Jacob Brazier
Marc Schmidt

David Gernhard

TEL Mission, Values, and Vision



We will provide innovative solutions by delivering unparalleled value and world-class service and support.


Integrity. Respect. Loyalty. Innovation. Support.

open road sunset
driver side


We aspire to be a dynamic incubator of next generation transportation entrepreneurs.