10 results for fleet management
6 things to avoid when managing a fleet of of vehicles
September 25, 2017
Inventory management, fuel efficiency, maintenance costs, retaining talent, vehicle acquisition, vehicle life-cycle strategy… No matter the size of the fleet, the challenges of fleet management are the same. The good news is that there’s a solution to these challenges that can be found by right-sizing ...
Capital lease accounting rules are here – are you ready?
June 26, 2017
Did you know that new capital lease accounting standards call for businesses to have new accounting processes in place by 2019 for public companies and 2020 for all other companies? The Financial Accounting Standards Board (FASB) has introduced some changes that will likely impact you. While 2019 may ...
How Just a Few Vehicles Can Have a Big Business Impact
February 23, 2017
Did you know that 70% of your vehicle maintenance costs are probably coming from just 20% of your fleet? As the maintenance provider to over 15,000 vehicles, Mike Albert Fleet Solutions analyzes maintenance data from fleets of all sizes. On average, we find that the majority of a fleet’s maintenance ...
Future of the Vehicle Resale Market
November 23, 2016
Long story, short… New vehicle sales are way up, causing a flood of used vehicles to be traded in and sold as they’re being replaced by newer models. The surge in supply paired with a steady/flat demand will soon cause used vehicle resale market prices to tank. Unfortunately, the numbers ...
[Infographic] 5 MORE Vehicle Reimbursement Dangers
November 8, 2016
6. Missing Out on Hiring Top Talent
Companies often overlook the Human Resources impact their fleet policy decisions can have. By offering a company vehicle, you put your company at a competitive advantage to attract and retain top talent. Many employees view driving a company vehicle equal to added ...
Are All Fleet Management Companies Created Equal?
January 23, 2015
Fleet management companies are a dime a dozen, nowadays. For the most part, they all offer the same fleet management services and leasing options. It has become something of a “me-too” industry. So, if all fleet management companies appear equal, how can anyone know what sets one apart from the pack?
A common vehicle life cycle mistake, Part 2: Proper Cycling
December 22, 2014
Hardworking professionals agree that having reliable, dependable transportation for their crews is of the utmost importance to their business. If a vehicle breaks down and is out of service, the loss of revenue from that downtime could cost $1,000 or more each day from a crew forced to ...
A common vehicle life cycle mistake, Part 1: Sunk Cost
December 16, 2014
Did you know that for most landscaping companies, fleet is a top three business expense? It is also one that goes largely unmanaged, so most companies spend far more money on it than they really need to. Oftentimes, business owners question if they are running their fleet correctly. Between the day-to-day ...