UNIVERSITY OF FLEET
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Open-End Leasing – Your Key to Business Flexibility

Leasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.

Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?

When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.

BEST PRACTICES – MANAGING AN EV FLEET

Electric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:

Managing Vehicle Lifecycles in High-Mileage Scenarios

When it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. ‍The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.

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Twenty-seven percent of greenhouse gas emissions in the U.S. today comes from the transportation sector. Vehicle fleets with a high environmental impact should consider their carbon footprint and institute strategies to reduce emissions. For transportation sectors large and small, evaluating business from an environmental perspective can translate into cost-savings.

Operating a fleet internally means spending time and resources maintaining, tracking and administering the fleet. These are valuable resources that should be used to grow the organization, not manage the fleet. We hear many stories from business owners and leaders that are distracted by the challenges of managing their fleet when more pressing business issues deserve attention.

Choosing the best company vehicles starts with selecting the best type of vehicle for your use. Do you need pickups or vans? Would a taller profile vehicle work better? Do your vehicles require upfitting such as ladder racks or internal shelving? Is your fleet of vehicles for a sales force? What vehicle works best for their use?

Fleet wellness measures performance against benchmarks and industry best practices including cost savings, cash flow, tax, operational efficiencies, administration, driver safety, and reliability. Use this infographic to discover the 5 tenets of fleet wellness.

Does your fleet maintenance program consist of a folder for each vehicle and a spreadsheet tracking oil changes, tire rations, and tune-ups? Do you lose sleep over those costly, disruptive repairs that weren’t in the budget? Are you telling yourself, there must be a better way to manage the maintenance of the fleet? If this sounds familiar… read on!

Fleet managers are consistently searching for ways to manage the costs of operating a fleet of vehicles while minimizing operating expenses and increasing profitability. It may appear a challenging goal to accomplish; however, there are many practical strategies that fleet managers can use.The following are eight ways fleet managers can save money and maximize ROI.

The 5 Tenets of Fleet Wellness®

Is your fleet the healthiest it could be?

Take action and learn the best practices for Fleet Wellness®.

A fleet management program will dramatically improve your operating efficiencies, vehicle costs,  and driver safety.

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