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Strong U.S. Economy to Drive 2019-MY Fleet Orders

Strong U.S. Economy to Drive 2019-MY Fleet Orders

The forecast for the 2019 model-year indicates it will be a strong asset acquisition year for the commercial fleet segment, which is comprised of 6.3 million light-duty vehicles in operation.

September 4, 2018

Tax Change Prompts Companies to Consider Company-Provided Vehicles vs. Reimbursement

Integration of Mobility Management Into Fleet or Vice Versa?

Corporate mobility management to evolve into multi-level responsibilities for asset lifecycle management, administration of multi-modal mobility services, and deployment of productivity and safety tools to support a mobile workforce in the field.

April 2, 2018

The Future of Fleet Is Managing the Connected Vehicle Ecosystem

In the next decade, the term "fleet management" will soon become inadequate to fully define the scope of our industry and it will be viewed as an anachronistic label. Today's vehicle connectivity megatrend will be the catalyst of an expanded fleet business model focused on managing a new connected vehicle ecosystem. This fleet ecosystem will encompass not only the vehicle, but also the mobile workers and, more importantly, the work they performed and the tools they use.

November 27, 2017

Fleet Will Need to Reinvent Itself as a New Vision of Fleet Management Emerges

Over the past several decades, the purchasing managers of yesteryear reinvented themselves into procurement professionals whose function is now viewed as a strategic asset that provides a competitive advantage to a corporation. Can fleet management, likewise, elevate its perceived value to a corporation, especially in the eyes of its senior management? I say yes, and the timing is right to do so.

November 14, 2017

The Origin and History of Global Fleet Management

The Origin and History of Global Fleet Management

Up until the late 1990s, no corporation had a global, or even regional, fleet management reporting structure, with the possible exception of Canadian subsidiaries of U.S. parent companies. At the start of the 21st Century, managers with global fleet responsibilities began to proliferate.

June 5, 2017

Big Data and Advanced Analytics will Further Intertwine Procurement and Fleet

Looking ahead, how will procurement and fleet evolve in the future? My prediction is there will be market forces (both internal and external), along with technological enhancements, that will facilitate a much closer collaboration between the two disciplines using a combination of in-house and outsourced expertise.

February 15, 2017

Little-Known Story on What Motivated GE’s Entry into the Fleet Market

As we all know, General Electric (GE) has exited the fleet management industry after a three-decade presence, which started in 1984 when GE Credit Corp. purchased Kerr Leasing, a small family-owned leasing company in Englewood, Colo. What is not well known is why GE entered the fleet management industry in the first place. Here is the prologue or “back story” that was the catalyst to GE’s entry into the fleet business.

August 5, 2016

New Category of Fleet Manager to Gain Legitimacy

For the past several decades, FMCs have employed in-house fleet managers in their fleet administration departments to manage client fleets, but were promoted from within the FMC. Now, we are starting to witness FMCs hiring traditional fleet managers. Does this make a trend? It is still too early to tell, but, what I can say is that it has caught our attention. My prediction is that this is indeed the start of a bona fide, long-term, industry trend that will accelerate in future years.

August 6, 2015

Why Element Wants to Buy the Fleet Businesses of GE Capital

Are Ride Sharing & Car Sharing New Fleet Management Options?

The role of ride-sharing and car sharing services in fleet operations, is a growing topic of conversation in Europe and China. With this as a backdrop, what future role will car sharing services have in U.S. fleet operations?

December 1, 2014

Drivers are the Weak Link in License Plate Disposition

Although fleet management requires a strategic perspective, the reality is that it is a detail-oriented profession. The job requires paying attention to a multitude of details crucial to ensuring a well-run fleet. But, as the saying goes, the devil is in the details. A case in point is license plate disposition.

August 15, 2012

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