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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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Your company currently purchases vehicles and you want to save time and money through leasing. Many companies have made the switch to leasing and have worked with a fleet management company for their leasing needs and for comprehensive fleet management. Partnering with a fleet management firm can help you lower acquisition costs, free up cash, right-sized your fleet, implement technology solutions to manage vehicle maintenance, and improve vehicle selection

Current e-log systems, known as automatic onboard recording devices (AOBRD), don’t comply with the final rule. If you use a current e-log or ELD system, the compliance date is pushed to December 17, 2019. Fortunately, if you use new versions, you may be able to make the transition through software updates, thus minimizing costs.

First, what is a small fleet? For purposes of this piece, we define it as 50 vehicles or less. Companies have different approaches to managing their fleet. Some assign dedicated fleet managers, while others divide responsibilities among several employees. Many companies choose to outsource all fleet management duties to a third party.

Tuesday June 27, 2017 – Ford Motor Company issued a massive recall on three years of manufactured Ford Transit vehicles. It addresses problems Ford has had with cracked flexible driveshaft couplings. Separation of the driveshaft can result in collateral damage to the brake and fuel lines, heightening the risk of passenger injury and vehicle crash.

Telematics is helping to shape driver behavior with real-time feedback. Nearly everything is more fun if it is organized as a game or competition. Driving is no exception. Gamification of driving safety adds a new dimension and competition (personal and peer) that benefits the company.

Knowing your drivers well is not enough. Trusting drivers plus verification is the future of fleet risk management. Risk management has been the #1 issue in fleets the last several years – not cost! Telematics solved this dilemma and does so elegantly, inexpensively and positively. Drivers benefit in the end.

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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