Although most commercial fleets self-insure or have large deductible programs for their fleet to cover vehicle damage, most carry commercial general liability insurance for bodily injury or property damage caused by their company vehicle or employee.
August 12, 2019
Despite limitations in some fleet applications, most companies are open to the idea of adopting electric vehicles (EV) to make their fleet operations more sustainable by reducing their carbon footprint and reducing GHG emissions.
July 18, 2019
Mark Buzzell is no stranger to fleet. As the prior president and CEO of Ford of Canada, one of his key responsibilities was managing its Canadian fleet business. Buzzell understands fleet and recognizes its importance to Ford.
March 27, 2019
Change is percolating in the management of multinational fleets, which is being driven by global market dynamics, evolving procurement trends, and technology platform upgrades that are facilitating cross-border management of individual country fleets.
February 5, 2019
In a six-month analysis, the FMCSA reported hours of service (HOS) violations have steadily decreased, which is good news and a testament to the efficacy of ELD technology. However, there continue to be negative unintended consequences caused by the constraints and inflexibility with HOS rules that hinder compliance.
January 2, 2019
The fifth-generation 2019 Forester is better by nearly every metric. It is quieter, larger, and safer. It has increased horsepower, greater fuel efficiency, and is more technologically advanced than the fourth-generation model it replaced.
January 2, 2019
Three challenges consistently high on the list for many fleet managers — improving driver safety, mitigating the high cost of fuel, and complying with corporate pressures to reduce fleet’s contribution to the company’s global carbon footprint.
January 2, 2019
If you want to know the mindset of fleet professionals 15 to 20 years from now, look at today’s teenagers who then will be in their mid- to late-30s.
September 24, 2018
The recent U.S tax law changes created a problem for employers who use a non-accountable vehicle reimbursement plan. Negative feedback has some companies reconsidering the viability of offering company-provided vehicles to help key employees mitigate the adverse impact of eliminated tax deduction.
August 6, 2018
A truck’s total cost of ownership (TCO) covers a specific range of expense variables, regardless of the make or model. The four lifecycle categories that influence TCO are fixed costs, operating expenses, incidental costs, and depreciation/resale value. A key factor that drives these lifecycle categories is a vehicle’s service life.
July 28, 2018
Most in procurement take the position that fleet’s primary responsibility is to buy assets and services, which annually can range from millions to tens of millions of dollars in expenditures. This amount of corporate spend requires it be managed by someone with superb negotiation skills and proven procurement acumen.
July 16, 2018
If you want to provide added value to your company, you need to view fleet as a business and not simply an aggregation of assets to be managed cost-effectively. The fastest way to improve your bottom line is to increase fleet utilization, which increases the productivity of each individual truck.
July 2, 2018
The majority of fleets are reporting that their acquisition strategies are being stimulated by solid organic business growth, with most forecasting an increase or continuation of the same order volume in model-year 2019.
June 26, 2018
Blog: Vocational trucks are susceptible to being targeted for staged accidents, which involves maneuvering an unsuspecting employee driver into an intentional crash in order to make a false insurance claim or to file a lawsuit against the driver’s employer.
June 14, 2018
Globally, over half of all registered vehicles are owned by businesses. Driving electric vehicle utilization among businesses can play a large role in accelerating the adoption rate of electric vehicles for everyone worldwide.
April 25, 2018