While repairing your vehicle before the pandemic was a quick one or two-day affair, depending on the severity of the damage, the period has quickly ballooned to over two weeks.
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Businesses in the US spend a whopping $1.04 trillion, 10.4% of their total revenue, every year on transportation costs. While transportation is expensive, companies running vehicle fleets can cut costs and increase their profit margins by hiring fleet management providers.
Topics: Fleet Management, Fleet News, Misc
One of the best ideas that you can use to further your business agenda is to leaseback a property sold to a purchaser. Here, all the details are written up and decided on when the sale of the asset happens. In this type of transaction, the seller becomes the lessee, while the purchaser is the lessor.
Topics: Fleet Management, Fleet Financing, Vehicle Leasing, Misc
If you manage a fleet of pickup trucks, you're always looking for ways to increase their value. After all, a truck is a significant investment, and you want to get the most out of it.
Topics: Fleet Management, Fleet Financing, Vehicle Leasing
Owning and maintaining your fleet of vehicles can be very expensive. When you aren't using your vehicles, however, there are simple steps you can take to help prolong the life of your vehicles and keep them in good working order until the next time you need them.
Topics: Fleet Management, Fleet Maintenance, Misc
As a business person, you are well aware of the many metrics available that measure your venture's performance. Return on Investment is such a trumpeted buzzword that every person interested in business has come across it in one way or another. It's a powerful indicator of how a company can make a profit.
Topics: Fleet Management, Telematics, Misc
How do you maximize your commercial fleet cash flow as a business enterprise? Are you using the right commercial fleet to optimize and lower operational costs.? The biggest challenge to running a profitable business enterprise is the sustainability of a positive cash flow. Consistent cash flow protects businesses operating large fleets from financial challenges and other unforeseen expenses to maximize profits.
Topics: Fleet Management, Fleet Financing, Misc
Vehicles in a fleet are more than just trucks and vans; they're complex tools your staff needs to complete their tasks and service your customers. To get the most out of the fleet, vehicle uptime is crucial, and that's why most organizations operate an in-house fleet maintenance facility to ensure that vehicles get back to service as fast as possible.
Topics: Fleet Management, Fleet Maintenance
When everything is going well, the logistics needed to keep the automotive supply chain in sync are amazing. The original equipment manufacturers (OEMs) produce a steady supply of vehicles that flow smoothly into shipping systems.
Topics: Fleet Management, Fleet News, Misc
The catalytic converter is a unique automotive part used to break down pollutants in vehicle exhaust. There is - or should be - on every truck, SUV, and hybrid vehicle to reduce the pollution involved in operating the vehicle.
Topics: Fleet Management, Fleet News, Misc
