May 2008, Fleet Financials - Feature
By Staff
While new to the fleet industry, this Chubb Assistant VP reduced the company’s vehicle expenses by getting back to the basics of fleet management.
Tags: amortization, Chubb & Son
January 2008, Fleet Financials - Feature
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.
Tags: amortization, book value, cap cost, depreciation, depreciation reserve
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By Mike Antich Today, Oct. 7, the Federal Reserve Board announced that it is invoking emergency powers to create a special fund to support the U.S. commercial paper market. The announcement by the Federal Reserve allows corporations to bypass the current credit gridlock gripping the nation’s economy. This has an impact on the fleet market since one source of financing for large fleets is the commercial paper market.
By Mike Antich Reducing unnecessary idling is the simplest and easiest way for a fleet to reduce fuel costs. Besides wasting fuel, excess idling also causes unnecessary emissions, noise pollution, and needless engine wear-and-tear. The amount of unnecessary idling varies by fleet, but some fleets have recorded idling as much as 35 percent of the time.
By Mike Antich
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In This Issue: ServiceMaster’s Fleet Management Team Delivers Service and Savings, Making the Hard Decisions: Right-Sizing Your Fleet, How to Identify At-Risk Drivers much more…