Q: With so many technology enhancements for fleet management companies, how can we monitor cell phone usage to eliminate distractions?
A: Distracted driving is a dilemma for fleet managers looking to leverage useful technology to improve . . .
A. The Terminal Rental Adjustment Clause (TRAC) is a critical factor in an open-end lease. A TRAC adjustment allows for a rental adjustment against the vehicle’s outstanding book value at the end of the lease. With an open-end lease with a TRAC clause, businesses have the advantage of retaining the option to terminate the lease after a minimum period, have the fleet management company (FMC) sell the vehicle, and then have the FMC either credit or bill them for the difference between what the vehicle is sold for and how much they owe.
Vice President
A: Distracted driving is a dilemma for fleet managers looking to leverage useful technology to improve . . .
Clearly defined driver safety policies should consider federal regulations. . .
A. For any fleet, when storm-related vehicle damage occurs, it is treated like any other kind of accident. If you have an accident management program, your fleet partner should jump in...
A. Fleets using fuel cards should have a “storm profile” in place that anticipates the impact of fuel scarcity. Prices may be rising and stations may ration fill-ups in emergency situations...
A. When emergency protocols go into effect, drivers need to know where to go, and they also need to know what to do if they can no longer get there...
A. Ask when the first rollouts occurred, how many customers are using the technology and...
A. Not all FMCs are flexible when it comes to leasing plans...
A. Your contact options should never be limited to an 800 number...
A. Every fleet and organization is different. Some may need to move assets and workers away from threatened areas, while others, like utility or human service organizations, may send more in...
A. If you are assessing these solutions your key considerations should be...
A. Good companies attract and keep good people. You want the account representative you work with today to still be with you tomorrow...
A. If you are undertaking a switch, you probably feel even more pressure to get it right. And, if that’s the case, don’t lose sight of what you really like about your current arrangement...
A. Fleet management providers offer different approaches to maintenance. Management software can track...
A. Basic fluid, tire and battery maintenance can dramatically reduce the chance of drivers getting stranded...
A. Believe it or not, tire problems cause nearly half of all roadside breakdowns...
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