Equipment Finance News

No products in the cart.

SUBSCRIBE
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Webinar Library
  • Login
Log In
No Result
View All Result
  • Dealers
  • Lenders
  • Transportation
  • Agriculture
  • Construction
  • Materials Handling
  • Rentals
  • Compliance
  • Bankruptcy
  • Market Data
  • Technology
Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Webinar Library
No Result
View All Result
Equipment Finance News
No Result
View All Result

Podcast: Equipment dealers key to disaster response

Listen as ‘The Dig’ speaks with The Pete Store’s Greg Arscott

Johnnie Martinez IIbyJohnnie Martinez II
November 1, 2024
in Dealer Operations, Podcast
Reading Time: 2 mins read
0
Share on FacebookShare on LinkedIn

Equipment dealers play a key role in natural disaster response for their employees, customers and communities. 

There are 21 current disasters declared, according to the Federal Emergency Management Agency website. Seven are the result of hurricanes Helene and Milton and the tropical storms that followed them. 

While not all natural disasters have equal impact, preparation is critical for equipment dealers to stay open and keep equipment operational, Greg Arscott, president at The Pete Store, tells Equipment Finance News on this episode of “The Dig” podcast.   

For its part, The Pete Store also has a twenty-year relationship with non-profit First Response Team, which specializes in the rapid deployment of specialized equipment and skilled personnel as well as recovery operations following disasters, according to the organization’s website. The Pete Store also offered its Ashville North Carolina location, which had yet to open prior to the hurricanes, as a staging location for recovery efforts in the region.    

“We spend a lot of time thinking about our response plan and recovery plan for data and power,” he says. “If we’re closed and trucks have an issue, then it starts impacting much bigger things than the bottom line.” 

“So I think our team feels a responsibility to stay open as much as we possibly can and support our customers because they play a very important role, and our role is to support them.” 

Returning to normal operations is even more critical during severe disasters, as loss and recovery are time-sensitive and can last a long time in North Carolina, Arscott says. 

“Both loss of life and loss of properties I don’t think have been fully appreciated and understood yet,” he says. “It will be years to recover from it.” 

Tune in to the newest episode of “The Dig” to hear from Arscott about how equipment dealers can manage natural disasters, both as businesses and members of the community. 

Tags: equipment financePodcastrisk management
Previous Post

M&A: PrivateCap enters equipment finance capital markets

Next Post

Penske, Rush see drop in finance, insurance revenue

Related Posts

Collision Center sm
Dealer Operations

Premier Truck Group parent Penske Auto goes private in $16.3B deal

October 15, 2026
mh-fleet-hyster-2
Dealer Operations

MH Equipment acquires Bohl Equipment, adds 3 locations

October 13, 2026
A Caterpillar excavator.
Dealer Operations

Finning acquires John F Hunt Power

October 2, 2026
Next Post
Penske Truck Leasing unveils fleet management AI

Penske, Rush see drop in finance, insurance revenue

Proud Member Of

Check Out Our Industry Event

Stay Informed With Our 8 Newsletters

The Dig Podcast

Dealer Operations

Collision Center sm

Premier Truck Group parent Penske Auto goes private in $16.3B deal

October 15, 2026
mh-fleet-hyster-2

MH Equipment acquires Bohl Equipment, adds 3 locations

October 13, 2026
A Caterpillar excavator.

Finning acquires John F Hunt Power

October 2, 2026

Subscribe to Our Newsletters

  • About Us
  • Advertise
  • Contact Us
  • Privacy Terms
  • ADA Compliance

 [wt_cli_manage_consent]

Connect with us

© 2026 Royal MediaRoyal Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • All News
    • Dealers
    • Lenders
    • Transportation
    • Agriculture
    • Construction
    • Material Handling
    • Rentals
    • Compliance
    • Data Analysis
  • Event
  • Data
  • Features
  • Lender Directory
  • Podcast
  • Webinars
    • (Upcoming Webinar – Dec 9) Tech-driven risk management: How innovation is reshaping equipment finance
    • Webinar Library

© 2026 Royal MediaRoyal Media