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The Internal Revenue Service’s business mileage rate standard increased from 67 cents to 70 cents on Jan 1, 2025. The change is related to the increased cost of buying and owning a car. However, overall fuel prices were lower in 2024 than in 2023.
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The Internal Revenue Service has increased the business mileage reimbursement rate to 54.5 cents from 53.5 cents for 2018. The new rate will go into effect on Jan. 1.
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WEX Inc. will begin offering a more secure chip-based payment card to its fleet customers in 2019 and plans to test the new card in 2018, according to the company.
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Telogis has introduced Logbook, a mobile app that lets drivers track and organize miles driven for personal or business use, the telematics provider announced at Mobile World Congress on Feb. 23.
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Telogis has released six new mobile apps and redesigned two existing ones to enhance fleet productivity and optimize a company's mobile workforce. The telematics vendor announced the new products at its annual Telogis Latitude conference.
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Better vehicle quality and the economic crisis of 2008-2009 have both impacted what most view as the traditional lifecycle for a truck fleet.
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Borets-Weatherford needed a more accurate way to report to the State of Texas the total miles driven and gallons purchased in order to maintain its International Fuel Tax Agreement license.
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Nearly every function of fleet vehicle management requires a decision dependent upon accurate odometer reporting. Utah’s Division of Fleet Operations employs a proactive approach to ensure correct mileage data.
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