Managing the Financial Side of Commercial Fleets

Rollins Creates Open-End Leasing Savings

A switch from closed-end to open-end leasing and co-sourcing fleet management services will save Rollins, Inc. anywhere from $8- to $10 million over the next six years.

January 2012, by Cheryl Knight - Also by this author

Click here for a pdf of the print version of this article

Atlanta-based consumer and commercial services company Rollins, Inc. operates a global fleet of 8,300 vehicles, 7,800 of which are managed in the United States. With such a large fleet, the company relies on proactive and streamlined processes and policies to run a cost-effective and customer service-oriented fleet department.

Operating with more than 10,000 employees, Rollins generated more than $1.1 billion in revenue in 2010 by providing pest control services and protection against termite damage, rodents, and insects to more than 2 million customers in the United States, Canada, Central America, the Caribbean, the Middle East, Asia, Africa, and the Mediterranean from more than 500 locations.

Rollins' wholly owned subsidiaries include Orkin LLC, HomeTeam Pest Defense, Orkin Canada, Western Pest Services, The Industrial Fumigant Company, Waltham Services, Crane Pest Control, and Trutech.
"Our department's mission is to meet the requirements of our customer - field operations - by ensuring that vehicle needs are met and driving costs off of its P&Ls," said Paul Youngpeter, CAFM, director of fleet for Rollins, Inc.

As a 17-year Rollins veteran, Youngpeter oversees the Rollins fleet department and fleet activities for brands in the United States and is the primary contract negotiator for fleet services and OEM pricing. He also communicates with operations and executive management.

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