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  • The Impact of Rising Interest Rates on TCO

    Apr 21, 2017
    The Federal Reserve has indicated it plans to increase its benchmark interest rate three times in 2017 by a quarter of a percentage point, which could impact the interest rate risk management strategies of fleet managers. Fleet managers may opt for a fixed rather than floating interest rate at the start of the lease term, the experts said.
  • Optimizing Fleet Life Cycle Strategies

    Apr 21, 2017
    Maximizing up-time and reducing costs are fundamental drivers of construction fleet management decisions, but a firm's diverse range of equipment can make life cycle optimization challenging.
  • Fleet Options for Improving Cash Flow

    Apr 7, 2017
    Even though there are a variety of ways to maximize cash flow and minimize exposure on the road to lower total operating costs, it can still be a tricky business. Today's fleet professionals must explore options, know the relevant data, and get help where needed to ensure the best outcome.
  • Considerations for Closed- Versus Open-End Leasing

    Apr 7, 2017
    New Federal Accounting Standards Board (FASB) rules going into effect next year will standardize all lease reporting for businesses. Companies with fleet leases will now have to report the vehicles on financial statement as "right-to-use assets" and the payments as operating expenses, regardless of the lease structure. Before the new rules, one of the benefits of open-end leasing was being able to use the vehicles without having to declare them as an asset.
  • Optomizing Fleet Life Cycle Strategies

    Apr 4, 2017
    Factor to consider when making buying and maintenance decisions.
  • How Telematics Data Overload Multiplies in Fleets With Several OEMs

    Mar 30, 2017
    Fleet managers will find it exponentially more difficult to interpret and utilize telematics data the more variety of vehicle brands they add to their fleet, according to new data and analysis from WEX Inc.
  • Will Commercial Fleets Embrace Autonomous Vehicles?

    Mar 21, 2017
    Commercial fleets may be slower to embrace autonomous vehicles. Nissan, Mercedes-Benz, and Google hope to have fully-autonomous cars on the road by 2020, but since the development of the technology is in the early stages, fleet management companies and one fleet manager told Fleet Financials that they are hesitant about becoming early adopters, while at the same time saying they're interested in the safety benefits of the technology.
  • Fed Raises Interest Rates a Quarter Point

    Mar 16, 2017
    The Federal Open Market Committee (FOMC) voted 9-1 on March 15 to raise the target range for the federal funds rate by a quarter percentage point to 0.75% to 1% — a move that was widely expected.
  • Best Practices of an Accident Management Program

    Mar 6, 2017
    While it might be a bitter pill to swallow, if you are working in fleet, you can almost guarantee that accidents will occur in your operation every year. Because of this, any fleet should understand the processes that make for efficient and effective accident management.
  • How Will New Lease Accounting Standards Affect Fleets?

    Mar 1, 2017
    New accounting standards for reporting lease transactions take effect after December 15, 2018 for public companies and December 2019 for private businesses. As a result, many organizations with fleets of vehicles are trying to figure out how these new rules will impact them moving forward.
  • Recouping a Better Return When Selling Fleet Vehicles

    Jan 27, 2017
    For small fleets of varying types, there are remarketing strategies to implement that don’t place an inordinate burden on the manager. Business Fleet reached out to fleet managers and fleet management experts to see how they realize a better return in the used-vehicle market.
  • 2017 Fleet Management Trends: Safety Tech

    Jan 27, 2017
    Commercial fleets seeking to reduce distracted driving and the associated risks are requesting more semi-autonomous features with leased vehicles such as frontal braking, as well as other safety aides such as backup cameras, Bluetooth, and adaptive headlights, according to fleet management company experts.
  • 2017 Fleet Management Trends: Upfitting

    Jan 27, 2017
    Lighter-weight truck and van equipment, more standardization, and ergonomic planning should improve the process and delivery timing of the upfitting of commercial vehicles in 2017, according to fleet management experts.
  • Best Practices in Executive Fleet Management

    Jan 27, 2017
    Executive vehicles often demand more attention. This is because these vehicles are often tied to compensation, recruitment, and retention of senior-level executives. While this can complicate managing this type of fleet, there are best practices to handle the special requirements of these drivers.
  • 2017 Fleet Management Trends: Donald Trump

    Jan 18, 2017
    Donald Trump's swearing in as the nation's 45th president on Jan. 20 should usher in an era of economic growth, lower taxation, and fewer regulations that will benefit the commercial fleet industry, according to fleet management company experts.
  • 2017 Fleet Management Trends: Compact SUVs

    Jan 18, 2017
    Compact SUVs have grown in popularity in recent years and surpassed mid-size sedans as the top selling vehicle category first in 2015 and again in 2016.
  • 2017 Fleet Management Trends: Telematics

    Jan 17, 2017
    Consolidation among telematics providers in 2016 could create opportunity in 2017 for greater differentiation, increased connectivity, better pricing, and more standardization of features for fleets who add this technology, according to fleet management company experts.
  • Meet the 2016 Fleet Visionaries

    Dec 28, 2016
    With the launch of the Fleet Visionary Awards, which was presented at the 2016 Fleet Technology Expo in Schaumburg, Ill., in October, fleet professionals at the beginning of their fleet careers are being recognized for the new viewpoints and contributions they’re bringing to the table.
  • Stable Commodity Prices Keep Replacement Tire Costs Flat

    Dec 15, 2016
    Replacement tire pricing for calendar-year 2016 has been flat compared to 2015. A key reason is less volatility in the price of commodities used to manufacture tires, namely oil, rubber, and steel. These lower materials prices have contributed to keeping replacement tire costs flat.
  • PM Transaction Costs Up But Longer Intervals Keep Costs Flat

    Nov 18, 2016
    Overall fleet preventive maintenance (PM) expenses in calendar-year 2016 are flat, primarily due to improvements in engine design and onboard vehicle technology, along with improved oil quality, which is allowing fleets to extend oil drain intervals

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