Being a fleet manager requires you to wear numerous hats to maintain a healthy fleet. We created this helpful infographic to explain the eight areas of fleet management and what each of them entails. Want to learn more about fleet management and how it applies to fleet wellness? Download our free eBook for…
When is a Sale and Leaseback beneficial to my business?
A sale and leaseback is a financial transaction where a business sells vehicles owned by the business to a leasing company and leases them back. The business continues to use the vehicles but no longer technically own them. The business has freed up capital and credit creating opportunities and financial statement improvements.
“I’ve heard horror stories about leasing.” Myth #1 “I don’t want to be limited to miles and charged for damage” “I drive too much to lease a vehicle.” THE KEY TO LEASING IS IN THE DETAILS A well-written lease takes into consideration the anticipated use of the vehicle, whether it is the number of miles…
Fleet management is evolving rapidly and many tools are available to effectively implement your Fleet Wellness Program. Consider which tools are right for you and implement those that help you achieve your overall Fleet Wellness objectives. Let’s dive into the fourth tenet of our five-part Fleet Wellness Program series.
Technology is constantly progressing and it seems to be evolving at the speed of light. Cars, trucks, and buses that operate without a driver behind the steering wheel are coming sooner than we expected and will most definitely change our lives. Computers began as mainframes and a decade later can be worn on a wrist. Technology evolution is rapid and profound and it’s coming to vehicles.
There’s no denying that autonomous vehicles hold a great potential for improving travel safety. Statistics from the National Safety Council estimate that there were approximately 40,000 deaths caused by vehicles in the United States in 2016 alone, making it one of the deadliest years yet. Autonomous vehicles (AV’s) have the power of safety and the ability to save lives, save injuries and save property damage.
A Professional Fleet Manager’s First Drive in an Electric Car
“My electric car and I have a thing.”
When I walk up to the car, she greets me and opens the door handles, adjusts my seat, wheel, and mirrors. I’ve already turned the climate control on from the Tesla app on my phone. I get in, put it in drive and go. She closes my garage automatically as we leave and opens as I arrive at home.
Fleet Wellness aims to improve the health of your vehicle fleet and save money.
This is the third of five key pieces that explain Fleet Wellness. We have covered the first two Fleet Wellness tenets: Strategy and Measurement. The third is Total Cost Management, a much more holistic and inclusive look at fleet costs than is common in automobile analysis. It’s lifecycle costs and a lot more.