More fuel-efficient methods can be used to power fleet vehicles. However, fleet reductions can be a confusing process, and requires careful thought and calculation.
In addition to common-sense security measures, fleet managers must consider vehicle value, crime risk, and the cost and type of anti-theft systems in thwarting would-be thieves.
At the group’s fall meeting, Ford’s Fleet Advisory Board members toured the automaker’s test lab and Dearborn Truck Plant to receive updates on Ford’s product plans and new-vehicle technologies.
Reimbursement doesn’t work from an HR or safety & liability perspective, is counter-productive to corporate ‘green’ initiatives, can negatively impact the company image, and FAVR reimbursement programs may not be SOX-compliant.
While hybrids can reduce fleet fuel expense, the two other major fleet expenses — maintenance/repair and depreciation — must also be considered to determine if hybrids are the answer to reducing overall fleet costs.
The RFP process can get bogged down with unneeded detail when procuring fleet programs and services. Reviewing and analyzing responses become cumbersome. Here are some ideas to simplify the process.
At last fall’s online discussion, presented by Bobit Business Media, industry experts discussed the benefits and difficulties of taking a fleet green.
Depreciation turns fleet vehicles into “melting” assets. The open-end TRAC lease is an excellent tool to manage depreciation expense; however, maximizing its effectiveness requires establishing the proper depreciation reserve.
Roche, a leading pharmaceutical and diagnostic business, implemented a successful hyybrid vehicle program that reduces gas and emissions in its sales fleet.
The Farmington, Connecticut-based company dramatically lowered out-of-stock purchases, increased resale value through extended replacement cycles, and re-evaluated its selector list to better meet its needs.
The competition for talented and experienced executives can be brutal, but a compensation package that includes a company vehicle can provide an edge. Some companies prefer reimbursement. Here are the pros and cons.
It’s easy to forget the tried-and-true strategies that keep costs down. Focusing on the basics saves money and leads to fleet management success.
CNG-powered street sweepers and hybrid buses help New York City’s Department of Sanitation and the NYC Transit tackle cost and environment issues.
Cargo partitions add safety and security to fleet vans and can be utilized to turn the front of the cab into a work space.
Not only does propane offer lower capital costs than diesel power, but tax credits are also available for the resulting low-emission vehicles.
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