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Corporations continue to be uncertain about the strength of the economic recovery. As a result, companies remain cautious about their fleet ordering volumes. Many are right-sizing vehicles and lengthening replacement cycles.
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RBC Bearings saved lease and maintenance expenses by moving to a shorter cycle with a flexible closed-end lease.
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Higher fuel prices and moderating acquisition costs have improved hybrids’ return on investment in recent years. Diesels step into the “green” spotlight with new models and strong lifecycle costs.
Read More →Higher fuel prices and moderating acquisition costs have improved hybrids’ return on investment in recent years. Diesels step into the “green” spotlight with new models and strong lifecycle costs.
Read More →Fleet management is often an afterthought for small fleets, but they can achieve savings quicker and easier than their large fleet cousins.
Read More →Tough times require tough decisions; when fleet managers cut costs, driver morale sometimes can be affected. There are ways, however, to reduce costs without hurting driver morale.
Read More →Proper precautions can help a fleet survive a potential lawsuit should an employee become entangled in an accident claim.
Read More →The Financial Accounting Standards Board and International Accounting Standards Board will issue a draft of new lease accounting rules this summer. The proposed changes will significantly impact fleet balance sheet, P&L, and lease administration.
Read More →Fleet safety policy must arise from a fundamental corporate value. The most commonly cited factor in a successful fleet safety program is senior management leadership and commitment.
Read More →Short-term leasing is one option for fleets that need more flexibility and services than are provided by a rental company.
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