One of the things you have to calculate in your trucking business is the cost per mile. It may look like a tedious process, but it's not. Once you know your cost per mile and have an estimate of how much you'll make, you can determine the expected profit.
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Fleet management can be an overwhelming task, especially during the upfitting phase. However, you can work on these mistakes and avoid delays and unforeseen risks.
Topics: Fleet Management, Fleet News, Misc
Commercial fleet financing options are channels you can use to acquire vehicles for commercial purposes. While it is easier for bigger shipping companies to get funding, SMEs have to look for more localized options. Here are some of them.
Topics: Fleet Financing, Fleet News, Misc
The mantra of many so-called financial experts for years has been that it doesn't make financial sense to lease a vehicle at any time.
Topics: Vehicle Leasing, Fleet News, Misc
Most fleet managers like to keep their vehicle design and color nicely uniform. Maybe you only purchase white Nissan Versas, updating every few years but always close to identical. Or perhaps your work vans are all blue Chevy expresses with matching decals.
Topics: Vehicle Leasing, Fleet News, Misc
With multiple vehicle types in the market today, selecting company vehicles can be challenging for many people. Businesses want to make the best procurement to help them meet their needs.
Topics: Vehicle Leasing, Fleet News, Misc
Right now, we are facing the biggest vehicle deficit the market has ever seen. There are shortages in several supply chains that are essential to finishing new vehicles including microchips, steel, plywood, foam, and rubber.
Topics: Vehicle Leasing, Fleet News, Misc
When looking for a car, you have two options; to lease or to buy. If you choose to lease, you have two options; high-mileage leasing and standard auto leases.
Topics: Fleet Management, Fleet News, Misc
It's essential to ensure that everything about your vehicles is in order as long as you use your vehicle on a public highway. The National Highways Highway Traffic Administration keeps watching over the quality of vehicles using public roads.
Topics: Fleet Safety, Fleet Maintenance, Fleet News, Misc
Fuel cards are an essential part of managing most commercial fleets. Unless you run an urban fleet of EV-only vehicles, no doubt your drivers will need to fuel up on the road.
Topics: Fleet Management, Fleet Tracking, Fleet Maintenance, Fleet News, Misc