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Market Trendsby Mike AntichJanuary 24, 2006

The Time is Now to Create a Certified Automotive Remarketing Program

The International Automotive Remarketers Alliance (IARA) has launched an important industry initiative to develop the first-ever certification program for remarketers. Known as the Certified Automotive Remarketing program (CAR), it will be open to all members of IARA, along with nonmembers who meet the eligibility criteria. Currently, no such program exists for the remarketing industry. However, this is not the case in other industries.

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Market Trendsby Mike AntichJanuary 17, 2006

Higher Fuel Prices Prompt Increase in Truck Overloading

Higher fuel costs have created budgetary pressures to minimize operating expense, prompting some companies to make the most of every trip by overloading trucks.

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Market Trendsby Mike AntichJanuary 10, 2006

How Should Fleet Resale Performance be Measured?

A variety of resale guides are available for commercial fleet managers to use in benchmarking vehicle resale values and measuring the performance of their remarketing vendor. Recently, the advent of online resale guides is prompting some fleet managers to actively consider the use of other industry benchmarks.

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Market Trendsby Mike AntichDecember 28, 2005

Use of a Company-Owned Vehicle May Override the ‘Coming and Going’ Rule in Workers’ Comp Claims

Most state workers’ compensation systems do not provide benefits for injuries sustained while an employee is commuting to and from work. This is commonly referred to as the “coming and going” rule. Under ordinary circumstances, any injury that an employee may suffer while traveling to and from work would not be covered by workers’ compensation.

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Market Trendsby Mike AntichDecember 20, 2005

Driving and Prescription Drugs Can be a Lethal RX

As fleet manager, any time one of your drivers uses an over-the-counter or prescribed medication, you must consider the risk and the effect it might have on their ability to drive.

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Market Trendsby Mike AntichDecember 13, 2005

Saving Gas Can Be as Simple as Properly Inflating Tires

The easiest way to minimize fuel expenditure is to ensure that tires are inflated to the correct pressure. Statistics compiled by the American Automobile Association (AAA), show that fuel economy is compromised by 10 percent when tires are under-inflated by only 2 psi (pounds per square inch.) An under inflated tire increases rolling resistance, requiring your engine to work harder. Proper tire inflation could save several hundred dollars annually at the gas pumps.

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Market Trendsby Mike AntichDecember 6, 2005

You May Be Violating State Law By Deducting Driver Wages to Pay for Vehicle Damage

Many nationally dispersed fleets include a provision in their fleet policy guidelines stating that drivers are financially liable for damage to their company-provided vehicle if it was caused by negligence. However, many fleet managers are unaware that this practice is illegal in some states.

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Market Trendsby Mike AntichNovember 29, 2005

Fleet Cost Control Starts with the Company Driver

The best time to control cost is before it occurs, and the way to do this is by establishing policies and procedures that inhibit unnecessary spending. However, just because your company implements a written fleet policy doesn’t mean it is being followed. How do you increase driver compliance with fleet policy?

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Market Trendsby Mike AntichNovember 8, 2005

Designing Tires to a Specific Model Has Consequences for Commercial Fleets

Tires are an evolving component on vehicles. One simply has to look at the trend with factory OEM wheels and tires. Only a few years ago, the norm was 15- and 16-inch wheels. Currently, these same-sized cars, are now equipped with 16- and 17-inch sizes and some even have 18-inchers for mid-size cars.

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Market Trendsby Mike AntichOctober 4, 2005

The Impact of Hurricane Katrina on the Wholesale Used-Vehicle Market

An estimated 250,000 to 1.2 million vehicles were damaged or destroyed by Hurricane Katrina. There were approximately 20,000 commercial fleet vehicles in the Gulf Coast at the time of the Hurricane with as many as 2,000 units destroyed or damaged.

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Market Trendsby Mike AntichSeptember 27, 2005

Fleet’s Finest Hour

Estimates vary as to the number of private and commercial vehicles destroyed or damaged by Hurricane Katrina, from a low of 250,000 vehicles to as many as 1.2 million.

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Market Trendsby Mike AntichSeptember 13, 2005

Fleet Policy is the DNA of Your Fleet

For the past several years, I have read with fascination about the human genome project, which seeks to decipher the DNA instructions that, along with environment, help to determine who we are as individuals. In the same vein, I believe that each fleet also has a DNA of sorts, which is comprised of the procedures and regulations that are codified in its corporate fleet policy.

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