July 1, 2008
DES PLAINES, IL – Wheels, Inc. has enhanced its Expense Variance tool to enable more effective fuel cost management.
Tags: Expense Variance, FleetView, Wheels, Inc.
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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 The bread-and-butter customers of out-of-service fleet vehicles are buyers with C and D credit, namely subprime buyers. However, funders have tightened underwriting standards to manage these higher risk borrowers. Some lenders have caps on how low a FICO score they are willing to fund, which is often above the threshold of subprime borrowers. If this continues, it will have significant long-term implications for the sale of used fleet vehicles.
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…