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Tires are a Depreciating Asset: 10 Ways to Slow the Rate of Depreciation

As a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category are a fleet’s second-largest operating expense, exceeded only by fuel. By maximizing tire tread life, you lower per-mile costs, resulting in fewer premature removals and optimizing the condition of tire casings, allowing for multiple retreads. READ MORE

Insurance and Energy Industries are Embracing the Use of Drones

When I first read articles about the use of drones in fleet operations, I used to roll my eyes. But, no longer. After talking with many fleet managers, I now believe that drones in commercial applications will have a major impact in a variety of industries. At most companies, drone operations will fall outside the domain of fleet, at least initially. As FAA restrictions are eased, drones will proliferate into mainstream business practices, with the insurance and energy industries in the vanguard READ MORE

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Author Bio

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Mike Antich

Editor and Associate Publisher

Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.

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Automotive fleet manger in the corporate services department of Texaco, Inc. in New York, during the 1980s.

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