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April 30, 2008

American Electric Power Orders 18 International DuraStar Hybrid Trucks

SPRINGFIELD, OHIO – American Electric Power (AEP), one of the largest electric utilities in the United States, is expanding its green efforts to include more hybrid trucks.

Tags: AEP, American Electric Power, Hybrid trucks, International DuraStar Hybrid

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SEC Proposal to Allow Early Adoption of International Accounting Standards

By Mike Antich
On Aug. 27, the Securities and Exchange Commission raised the possibility that approximately 110 U.S. publicly traded companies will be able to use international accounting standards (IAS) next year and may require all U.S. companies to switch to IAS between 2014-2016. There is a 60-day comment period about the SEC proposal. Fleet leasing will be impacted by the adoption of IAS. It is probable that all fleet leases in the U.S. will need to be capitalized sometime in the 2011-2016 timeframe.

The Hidden Cost of Personal Use

By Mike Antich
With fuel prices remaining elevated, many companies are wondering whether they are charging enough for personal use. At some companies, this discussion is long overdue. When re-evaluating personal use charges, a common mistake is to focus solely on the cost of fuel, which is understandable because, after all, fuel is the catalyst for these discussions. However, doing so ignores the other “hidden” costs of personal use, which have also risen.

Fleet Becomes an Epicenter for Interdepartmental Encroachment

By Mike Antich

Strategic Fleet Management Focuses on Management by Objective

By Mike Antich

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Auto Fleet - September 2007

In This Issue:

Negotiating Your Way to a Fleet Management Agreement, How to Select a Fuel Management Provider, Cut Cost Using Fuel Management Reports, 9 Ways to Increase Your Stature with Senior Management and much more…