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April 22, 2008

Emkay Becomes First Fleet Management Company to Be Carbon Negative

ITASCA, IL – Emkay, Inc. has announced that it is carbon negative. The impact Emkay has on the environment through its daily energy usage and transportation will be offset through national programs that develop verifiable reforestation and carbon offsetting.

Tags: carbon negative, carbon neutral, EMKAY

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SEC Proposal to Allow Early Adoption of International Accounting Standards

By Mike Antich
On Aug. 27, the Securities and Exchange Commission raised the possibility that approximately 110 U.S. publicly traded companies will be able to use international accounting standards (IAS) next year and may require all U.S. companies to switch to IAS between 2014-2016. There is a 60-day comment period about the SEC proposal. Fleet leasing will be impacted by the adoption of IAS. It is probable that all fleet leases in the U.S. will need to be capitalized sometime in the 2011-2016 timeframe.

The Hidden Cost of Personal Use

By Mike Antich
With fuel prices remaining elevated, many companies are wondering whether they are charging enough for personal use. At some companies, this discussion is long overdue. When re-evaluating personal use charges, a common mistake is to focus solely on the cost of fuel, which is understandable because, after all, fuel is the catalyst for these discussions. However, doing so ignores the other “hidden” costs of personal use, which have also risen.

Fleet Becomes an Epicenter for Interdepartmental Encroachment

By Mike Antich

Strategic Fleet Management Focuses on Management by Objective

By Mike Antich

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Auto Fleet - March 2008

In This Issue:
15 Nominees Vie for 2008 Fleet Manager of the Year, Tire & PM Costs Increased Car Maintenance Expenses in 2007, Economic Slowdown Causes Fleet Resale Value to Decline and much more…