Managing the Financial Side of Commercial Fleets

Market Trends

Are Red-Light Cameras Safety Devices or Cash Machines?

On May 30, 2001, the San Diego Police Department stopped mailing traffic tickets to motorists for running red lights based on photos taken by cameras at 19 intersections in the city. READ MORE

Move by New York DMV to Track Insurance Electronically Creates Headaches for Fleets - More States to Follow Suit

In the past decade there has been an alarming increase in losses attributed to uninsured commercial drivers in the state of New York. Ultimately, New York decided to get tough by no longer solely accepting insurance cards as validation of liability insurance coverage. READ MORE

What are the Pitfalls of Making Vehicle Condition a Part of an Employee's Annual Job Review?

If an employee threw trash all over the office floor, scratched the paint off the walls, broke the light bulbs, left holes and dents in the wallboard, and skipped routine maintenance on the copier until it overheated and broke, no manager would tolerate this abuse, points out Chris Amos, fleet manager for the city of St. Louis. READ MORE

10 Ways to Increase Driver Compliance with Fleet Policy

The best time to control cost is before it occurs and the best way to do this is by establishing policies and procedures that inhibit unnecessary spending. READ MORE

High-Dollar Fleet Incentives are Decreasing Net Depreciation

For the past three years, the high volume of new-vehicle incentives that auto manufacturers are using to stimulate retail sales has exerted downward pressure on used-vehicle prices. On the other hand, the aggressive fleet incentives that have been in play since 2001 are starting to have the opposite effect on fleet resale values by helping to lower net depreciation expense. For instance, last year, fleets began to remarket vehicles that came into service during the post-9/11 period of aggressiv READ MORE

Fleet Policy Exceptions Increase Corporate Liability Exposure

What if your company is sued over a vehicle-related problem caused by an employee driver? If this should happen, it is important to know that subsequent legal decisions may be based on prior precedents and exceptions you have made to your company vehicle policy. You may potentially create a new problem by making an exception in resolving a driver-related problem. The last thing you want to do is to create a new problem in the course of resolving it, and the surest way to do so is to make an exc READ MORE

Will EZ Pass Become a Pain in the Neck?

For fleet managers, EZ Pass is becoming an administrative pain in the neck. More and more fleet managers are reporting an unexplained increase in EZ Pass violations. READ MORE

A Seasonal Remarketing Strategy Will Minimize Vehicle Depreciation Expense

One of your top job priorities as a fleet manager is to obtain the highest resale price for each company vehicle you take out of service. READ MORE

Is the UK Controversy Over Driver Privacy a Prelude of What's to Come in the USA?

The Amalgamated Engineering and Electrical Union (AEEU) has threatened legal action against ADT Fire & Security, one of the largest security companies in the United Kingdom, if it installs tracking devices in 1,300 of its 4,300 company vehicles. These 1,300 vehicles are driven by service engineers (who are AEEU members) to service and maintain security systems. READ MORE

You May Be Violating Federal Law When Using Motor Vehicle Records in Hiring Decisions

You may be breaking federal law if you are ordering motor vehicle record (MVR) checks through a third-party reporting agency and not following procedures specified by the Fair Credit Reporting Act (FCRA). READ MORE

Why the Wholesale Market Looks Good for Used Fleet Vehicles in 2001

Currently, we are in the midst of the traditional, seasonal downturn in the used-vehicle market, which has caused resale values to plummet. This is normal and it happens every winter, sometimes a little sooner, sometimes a little later. READ MORE

Overloading is No. 1 Cause of Truck Maintenance Problems

A disturbing, and ongoing, trend in the fleet industry is increased truck and van maintenance costs because of overloading. READ MORE

It's Time to Stop Over-Taxing Fleets

Under the current Internal Revenue code, business-use passenger cars have a class life of three years, but are assigned to a five-year property recovery class. READ MORE

Will Internet-Enabled Procurement Systems Lead to FTC Regulations

Last June 29 was a watershed date for the emerging "new" fleet management industry. On that date, the Federal Trade Commission (FTC) launched a two-day public hearing in Washington, DC, on business-to-business (B2B) Web-based procurement marketplaces because it is concerned about their anti-trust implications. (See my editorial in the June 2000 issue, page 12.) The two best examples of online procurement marketplaces in the automotive industry are Covisint and Roadsmith.com, a fleet-specific exc READ MORE

New Electronic Signature Law Will Save Fleets Money and Streamline Management

A new era dawned on June 30, 2000, when President Clinton signed into law a statute that grants electronic signatures and documents the same legal status as handwritten signatures and paper documents. READ MORE

Proposed Hours-of-Service Revision a Noble Gesture with Bad Consequences for Fleet

Who would argue against saving lives? The U.S. Department of Transportation (DOT) is making this argument as it proposes to rewrite the law that limits a truck driver to working a 15-hour shift, which includes a maximum 10 hours daily driving time. READ MORE

Fleet Incentives

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FleetFAQ

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Author Bio

Mike Antich

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Editor and Associate Publisher

Mike Antich has covered fleet management and remarketing for more than 20 years and was inducted in the Fleet Hall of Fame in 2010.

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