​Which Alternative Fuel Is Right for Your Fleet?

Fleet owners who survived four dollars per gallon gas prices were scrambling for alternative money saving methods to maintain margins with skyrocketing costs. When cutting insurance premiums, limiting daily miles, and cutting incentives didn’t work, the most obvious next step was to begin shopping for alternative fuel sources. Depending on distance, gross vehicle weight, and frequency of fill-ups, many alternative fuel vehicle options exist and may suit your company. The reality is gas engines aren’t better than diesel. Diesel engines aren’t better than gas. There are uses for every vehicle type and fuel type available. Matching vehicle usage to the fuel/energy needed to power the vehicle is the primary focus of fleet management.

7 ​Things to Keep in Mind When Leasing for Business

Leasing rates across the US have skyrocketed in recent years, and expectations are they will continue to. Why companies are utilizing the benefits of leasing – cash flow, income and sales tax benefits, and financial statement advantages. There are benefits to buying vs. leasing too, but the scales normally tip toward leasing, even for long-term vehicle use. Here are a few tips to aid your decision. In the end, fleet management relies on the fact that business owners, CFO’s, controllers, and others have a high value on their time…the concept of opportunity cost.