Q. What is driving maintenance cost increases?
A. Preventive services have been experiencing a slow but steady increase in cost over the past three years, and the...
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A. Regardless of a fleet’s unique situation, managers should have plans and policies in place ahead of time. Step one is a regional risk assessment. Historic climate data as well as updated Federal Emergency Management Agency (FEMA) maps show areas prone to flooding and those at greatest risk of major weather-related events. When evaluating how operations may be impacted and which fleets will need to be relocated, it is not only critical to look at the business’s physical locations, but also the routes in and out, particularly evacuation corridors because timing is critical.
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A. Preventive services have been experiencing a slow but steady increase in cost over the past three years, and the...
Read MoreA. The Terminal Rental Adjustment Clause (TRAC) is a critical factor in an open-end lease. A TRAC adjustment allows for a rental adjustment against the vehicle’s...
Read MoreA. Focusing on the lowest lease payment possible can actually leave your business on the hook for significant amounts of money when...
Read MoreA. An ideal lease payment for a business isn’t always the lowest one available. It’s important for businesses to think long term about the...
Read MoreA. Finding an accurate lease payment for your business means understanding your vehicle usage. The base requirement is knowing approximately how...
Read MoreA. Having the right fleet partner is a significant component of making sure your company has the right lease payment to fit your...
Read MoreA. The right upfit design can significantly mitigate safety risks. Industries that rely on drivers and technicians to operate vehicle equipment are particularly...
Read MoreA. Having the proper upfit can reduce your operating costs. Properly spec’ing the chassis and upfit equipment based on what payload the vehicle is intended to haul can prevent...
Read MoreA. A full-service fleet management company has experts in place to help you design and implement the right solutions for your needs and has access to a wide vendor network that can deliver exactly what you require. By leveraging...
Read MoreA. Creating consistency across your fleet with standardized upfits will reduce both order-to-delivery times and...
Read MoreA. Companies can benefit substantially from having industry experts examine their data, identify trends, and evaluate which steps to take to make the most...
Read MoreA. Ultimately there is no one “right” answer when it comes to managing vehicle lifecycles. Determining which lifecycle strategy makes sense for your fleet involves understanding and even anticipating the types of maintenance that will be required at different stages of the vehicle’s life. For example...
Read MoreA. Using your fleet’s own data to create benchmarks that can then be referred to over time is the gold standard, and this data should cover the...
Read MoreA. Today’s telematics and GPS tracking technology are a way to gather real-time data about driver behavior, which indicates whether a vehicle is being used effectively and safely. This data can...
Read MoreA. Mobility, telematics, and data are all areas that are changing the face of fleet, and your FMC should be able to provide tactical options as well as strategic guidance in these areas...
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