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A full-service lease provides many added benefits beyond traditional lease options. Growing in popularity, there are situations where it may not be the ideal option as well as some common misperceptions.
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Fleet cost-reduction programs typically focus on the asset; however, there’s a limit to how much a fleet manager can modify truck specs without impacting the fleet mission. True cost savings are to be found in areas beyond the asset.
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There are four types of driver reimbursement models: IRS business mileage reimbursement rate, a fixed allowance, the Fixed and Variable Reimbursement Rate (FAVR), and a hybrid model that uses the FAVR guidelines but delivers the driver payment in a cents-per-mile model.
Read More →Through its proprietary technology, Green Commuter is giving its van pool users the ability to rent out their vehicles to neighboring companies that want to supplement their fleets with an additional vehicle during the day.
Read More →Recent years have shown that companies still favor executive fleet programs as a way to attract and retain top talent. However, there are also some factors that are driving executive fleet sizes down for some companies.
Read More →Driver training modules and a scorecard program helped curb the fleet’s safety concerns.
Read More →While fleets typically gravitate toward company provided models, there are legitimate reasons they might want to consider utilizing a reimbursement program. However, there are a number of caveats fleets should consider.
Read More →Even with the current low cost of fuel, fuel continues to account for a large percentage of a fleet’s operating budget. Today, there are a number of strategies companies can implement to reduce the amount of money spent on fuel.
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Four years ago, ADP began converting its fleet to more fuel-efficient and less-polluting vehicles. Eventually, the company decided to convert its entire fleet to hybrid-electric vehicles.
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The document provides fleet drivers with a method to effectively report details related to an automobile accident, which can help prevent issues regarding liability.
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