SERVICES
Open-End Leasing – Your Key to Business FlexibilityLeasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.
Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.
BEST PRACTICES – MANAGING AN EV FLEETElectric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:
Managing Vehicle Lifecycles in High-Mileage ScenariosWhen it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.
The ideal time to sell a vehicle is when the depreciation cost and the repair and maintenance costs are at their lowest. This is based on a cost per mile (“CPM”) calculation. The CPM equals the annual cost to operate a vehicle divided by annual miles. The target is to cycle vehicles at the point at which CPM has trended down and begins to uptick.
When the time comes to get a new vehicle or a new fleet of vehicles, it is important to weigh out your options between leasing and buying. Leasing is a great, money saving option. It lowers monthly payments as well as income tax benefits.
Identifying the top myths of business vehicle leasing was easy. Reducing it to 7.5 was more difficult.Addressing the myths is harder yet. There are numerous misconceptions about fleet leasing.Education and information are the cure.Please read on to dispel the wives’ tales of leasing for business and get the honest truth!
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.
.jpg)
Telematics is helping to shape driver behavior with real-time feedback. Nearly everything is more fun if it is organized as a game or competition. Driving is no exception. Gamification of driving safety adds a new dimension and competition (personal and peer) that benefits the company.
The world of transportation is changing rapidly and the change is driven by the technology that has made ridesharing, car-hailing, and vanpooling easy. This sharing economy is forcing businesses to rethink how they utilize vehicles.
Is your fleet the healthiest it could be?
Take action and learn the best practices for Fleet Wellness®.
A fleet management program will dramatically improve your operating efficiencies, vehicle costs, and driver safety.
We've built a robust suite of fleet services for every aspect of fleet management, backed by a tenured team who genuinely care about clients and love what they do!