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April 24, 2008

Transportation Dept. Unveils Proposed Fuel-Economy Standards

WASHINGTON, D.C. --- Transportation Secretary Mary E. Peters on Tuesday, April 22, unveiled new proposed federal fuel-economy standards that would require cars and trucks to get an average of 31.6 miles per gallon by 2015 -- a major increase over the current fleet.

Tags: fuel efficiency standards, Transportation Department

April 2, 2008

Transportation Dept.: Over $400B Available for Transportation Investment

WASHINGTON, D.C. --- U.S. Secretary of Transportation Mary E. Peters announced that state and local transportation officials could tap into over $400 billion in global funding to pay for highway, bridge and transit projects to supplement federal transportation funding.

Tags: Mary E. Peters, Transportation Department, transportation infrastructure

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SEC Proposal to Allow Early Adoption of International Accounting Standards

By Mike Antich
On Aug. 27, the Securities and Exchange Commission raised the possibility that approximately 110 U.S. publicly traded companies will be able to use international accounting standards (IAS) next year and may require all U.S. companies to switch to IAS between 2014-2016. There is a 60-day comment period about the SEC proposal. Fleet leasing will be impacted by the adoption of IAS. It is probable that all fleet leases in the U.S. will need to be capitalized sometime in the 2011-2016 timeframe.

The Hidden Cost of Personal Use

By Mike Antich
With fuel prices remaining elevated, many companies are wondering whether they are charging enough for personal use. At some companies, this discussion is long overdue. When re-evaluating personal use charges, a common mistake is to focus solely on the cost of fuel, which is understandable because, after all, fuel is the catalyst for these discussions. However, doing so ignores the other “hidden” costs of personal use, which have also risen.

Fleet Becomes an Epicenter for Interdepartmental Encroachment

By Mike Antich

Strategic Fleet Management Focuses on Management by Objective

By Mike Antich

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$10.00

Fleet Financials - May/June 2008

In This Issue:
Xerox Reduces Costs and Vehicle Emissions Years Ahead of Schedule, How Fleets Benefit From the Economic Stimulus Act of 2008, How to Conduct a Fleet Performance Review and much more…