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budget cuts

Bobit Business Media's recent Green Fleet Conference featured more than 50 speakers and panelists exploring solutions and resources to help more than 350 fleet professionals continue environmental efforts in budget-challenged times.

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Deferring Vehicle Replacements is Counter-Productive to the Intended Goal

During economic uncertainty, senior management demands expense reductions and limits capital expenditures. Since fleet is usually among the top 10 corporate capital expenditures, there is pressure to defer vehicle replacements. However, this cost-containment strategy misses the point that all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. Cost reductions in acquisitions are often offset by rising costs elsewhere.

Ocean City Tightens Take-Home Vehicle Policy

OCEAN CITY, MD – A $2.5 million trimming of the Ocean City budget over the past few months has led to a proposed reduction of the town's take-home vehicle fleet, according to The Dispatch.

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