Stan Chason Looks Back at a 35-Year Career

Had someone told me, when I graduated from new York University in '49 as a pre-med student, that I would spend 35 years in both the retail automobile business and the leasing business, I would have told him he was crazy.

GREEN FLEET: Real-World Strategies: A Blueprint for a Greener Future

As more regulations are put in place to reduce greenhouse gas emissions and the “going green” movement continues to expand, here are a few strategies fleets have used to green their operations.

Adrian Steel Fortifies FMC Partnerships with Value to End User

The cargo management solutions provider partners with FMCs to bring enhanced value in product, process, and service to their mutual customers —the fleet manager and fleet driver.

The Cost of Operating a Fleet Will Increase

It will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs will increase. Fuel prices, in all likelihood, will trend upward and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules. In addition, vehicle-related taxes will increase. Let's examine the dynamics that will force fleet expenses to escalate.

Depreciation Up in Most Vehicle Segments

According to industry analysts, most vehicle segments increased in vehicle depreciation in 2009 due to such factors as extended replacement cycling, shifts in the wholesale vehicle market, and higher capitalized vehicle costs.

History of Fleet Leasing

Open-end (or finance) leasing was developed in 1951. Fleets wanted to lease units with off-balance sheet reporting. In 1981, the landmark Swift Dodge vs. IRS court decision legitimized the use of open-end TRAC leases.

Patsy Mance of Bristol Myers Squibb Winner of '91 Fleet Manager Award

Mance is the first female winner ever to win the Professional Fleet Manager of the Year Award.

CAR 2003 Fleet/Lease Dream Team Gets Dreamier

Fleet/Lease Dream Team at CAR 2003