Cash Truck
Wrath of Man is a 2021 heist action thriller film directed by Guy Ritchie, from a script he co-wrote with Ivan Atkinson and Marn Davies, and is loosely based on 2004 French film Cash Truck written by Nicolas Boukhrief and Éric Besnard, and directed by Boukhrief.[4] It is Ritchie's fourth directorial collaboration with lead actor Jason Statham, and first since Revolver (2005). Statham stars as H, a new cash truck driver in Los Angeles whose thwarting of a robbery leads to his skillset with guns and mysterious past being questioned. Holt McCallany, Jeffrey Donovan, Chris Reilly, Josh Hartnett, Laz Alonso, Raúl Castillo, DeObia Oparei, Eddie Marsan and Scott Eastwood also star.
Cash Truck
Five months before joining Fortico, on the day of the first robbery, Hill is with his son Dougie. Revealed to be working with a robbery crew, Hill grudgingly agrees to monitor an armored truck's route, leaving Dougie in the car. A group of robbers hijack the truck and spot Dougie. Hill races back to his son and watches as Dougie is murdered before he is also shot and left for dead.
Cash Truck (USA release title; the original title is Le convoyeur) is a 2004 French crime movie directed by Nicolas Boukhrief. The main character, Alexandre Demarre (Albert Dupontel), starts his work as a guard for an armored cash transport car company. The company was the victim of three robberies during the last year, and Alex Demarre seems to have some connection with these robberies...
Vigilante, a small armored truck company, is in full crisis mode. Victim of three violent hold-ups in a year, which left no survivors, the company is on the verge of bankruptcy and its employees are extremely worried. Some even suggest a complicity between the robbers and the firm. It is in this difficult context that a man, Alexandre Demarre, one morning presents himself to start his first day of work at Vigilante.
Before Guy Ritchie took his still-surprising step into the Disney machine by directing this year's Aladdin, he built his career making grimy, rough-and-tumble thrillers like Lock, Stock, and Two Smoking Barrels and Snatch. It sounds like we can add Cash Truck to that list, a movie whose title is so literal and so simple that it's almost unmistakable what the plot will be about: a guy tries to rob a truck full of cash.
According to The Hollywood Reporter, Statham will play "a mysterious worker at a cash truck company that moves hundred of millions of dollars around Los Angeles each week." It's unclear exactly who Eastwood will play.
Gareth Newham for the Institute of Security Studies told CapeTalk radio station there'd been a 66% increase in the numbers of cash-in-transit heists from October to December in South Africa compared to the same period in the previous year.
When it comes to truck acquisition strategies, one size does not fit all. There are several factors to consider, including vehicle replacement cycles, tax strategy, and corporate accounting, just to name a few. Even within the same fleet, some trucks are better suited for finance and others for lease, depending on the type of equipment upfits, special financing or leasing offers at the time of acquisition, and anticipated mileage.
"Many small firms don't have the large amounts of cash needed for major capital acquisitions in the first place," said Ken Sibley, CPA, founder and managing director of Dallas-based accounting firm Sibley and Company. When cash is not an option, fleet managers look to financing or leasing to conserve cash and spread out truck payments on a monthly basis for a specified term.
"It really boils down to, 'If I don't use this cash for this purchase, what will I use it for? And what is the opportunity cost associated with that?' " said Mark Smith, strategic consulting services leader for GE Capital Fleet Services.
"When deciding whether to pay cash or borrow to purchase trucks, take the after-tax return on investment in the business and compare it to the after-tax cost of borrowing," explained Bill Smith, managing director, CBIZ MHM, a New York-based full-service certified public accounting and management consulting firm to Fortune 500 companies. "If a company earns 10-percent gross on whatever is pumped back into the business, and pays a 40-percent combined tax rate, the after-tax return is 6 percent. If borrowing at 10 percent and the company is able to deduct the amount, the after-tax cost is 6 percent. In this example, paying cash or borrowing is a 'wash' because it costs 6 percent to keep money out of the business and 6 percent to finance the trucks."
The finance option offers many of the same ownership benefits of the cash purchase, while conserving cash by providing the means to pay off the balance over time. Also, the purchase might qualify for tax savings from bonus depreciation and IRS code Section 179 expensing (see sidebar on page 28) without having to pay the full price of the equipment up-front.
Therefore, if a truck costs $30,000 and the residual is set at $10,000 at the end of the lease term, essentially the company is financing the "use" - the difference, of $20,000 - instead of the full amount.
"Often, when acquiring a medium-duty truck, a significant amount of upfitting can take place, which can take several months to complete," said Smith of GE Capital Fleet Services. "One advantage to leasing is that a company can finance that process and capitalize the cost of the finished asset over a period of time. Some of our customers with medium-duty truck applications might have an upfit period in excess of 12 months, as custom bodies are created. What we can do in that period is pay for the chassis and we charge an 'interest-only' scenario until the entire truck is built. Then, what we do is add the cost of the body to it, capitalize it, and begin depreciating it when the whole truck is ready. What this does is basically allow a company to defer the cost of the asset, and the cash flow associated with the asset, until it can go 'on-road' and begin generating revenue."
"Let's say a company leases a medium-duty truck on a closed-end lease," Smith posed. "If you signed up for a 12,000-mile-per-year lease, and the vehicle is only driven 8,000 miles, a company will have overpaid significantly for that lease. And, there's nothing that can be done about it. Or, if a company signed up for a 12,000-mile lease and ends up driving it 20,000 miles, it will be hammered with over-mileage fees."
How does a company determine which strategy is right for its fleet? Know the objectives. Consider the impact of each strategy on cash flow, insurance costs, and taxes. Then consult a CPA, fleet management company, or other trusted business advisors for help structuring the vehicle acquisition strategy that best aligns with the company's operations.
"The 2010 Tax Relief Act enables taxpayers to deduct 100 percent of the cost of qualifying property (tangible personal property used in a trade or business, including trucks) placed in service between Sept. 9, 2010 and Dec. 31, 2011. For 2012 (and before Sept. 9, 2010), the bonus deprecation percentage is reduced to 50 percent. Bonus depreciation is only available for new property.
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"While the employee was distracted another unknown individual quickly removed a bag that was left unattended on the bumper of the armored Brink's truck and fled the scene on foot," the NYPD told Fox News Digital on Sunday.
Drivers on the road need a hassle-free way to get cash without a fee for every card transaction. The easiest way is to use in-network ATMs: the machines that belong to the financial institution where you have your account. They will usually offer cash withdrawals free of charge and most banks and credit unions have an ATM locator network online.
Large banks and financial institutions have relationships with truck stops and other stores to broaden their no-fee ATM network. Providing your fleet drivers with a list of in-network ATM locations can help them plan ahead when they foresee needing cash on the road, saving both time and money.
ATM machines: If the above options are not available, drivers can use the WEX OTR fuel card at PLUS Network ATM machines or Interlink debit sites for a fee with every transaction. As an added benefit, these cash options are on record to improve your driver accountability, giving fleet owners the power to track every purchase.
After hundreds of hours on the road and thousands of miles, drivers find these convenient one-stop truck stops a necessity for rest and recovery. Many drivers prefer to carry out their transactions in cash. Providing your fleet with options to access money easily and conveniently can make a huge difference in driver efficiency and morale.
Since most banks have limited hours of operation, the ability to withdraw funds or cash a check at a truck stop is critical for many drivers who look for services 24/7. A limitation is that many of these convenient stores and stations on the highway will not cash money orders, tax refunds, insurance checks, third-party foreign travelers, or gift checks.
Walmart and other large supermarket chains, on the other hand, will often cash many of these types of checks and money orders up to $5,000, charging fees from $4 - $8, depending on the amount. Of the 4,700 Walmart locations across the US, many offer 24-hour check cashing at the service desk.
The Fleet One EDGE fuel card helps growing fleets with 1-50 trucks save thousands per year in fuel discounts alone, no fuel transaction fees at over 4,000 in-network sites, and offers big discounts on tires, maintenance, wireless plans, and more. Easy to use spending controls help prevent misuse and fraud giving fleets the valuable data and reporting they need automatically. 041b061a72