The global market value of fuel cards was lastly approximated at $595.72 billion in 2016, and it is predicted to reach $842.41 billion by 2023. More companies continue to embrace fuel cards for reasons such as having more control over purchases and easy tracking of expenses.
Recent Posts
You may not have given much thought to semiconductors, but they play a crucial role in the cars we drive.
Unfortunately, a semiconductor shortage is now making it difficult for carmakers to install some of the safety features that are becoming increasingly important, such as automatic emergency braking and collision avoidance.
Topics: Fleet Management, Fleet News, Misc
There was once a time when there were more available drivers than there were trucks. Needless to say, that time is now long, long past. The primary problem faced by shipping fleets today is the driver shortage.
Topics: Fleet Management, Misc
We are all familiar with the dangers of driving while intoxicated, but there is something we do far more frequently than can be just as deadly: texting while driving.
Topics: Fleet Safety, Misc
Every year, thousands of drivers are involved in car accidents, whether it's something as minor as getting into a fender bender or something as serious as getting into an accident that sends someone to the hospital.
Topics: Fleet Safety, Fleet News, Misc
Although GPS navigation is generally considered an accurate way of knowing where you are, it's sometimes unreliable in a large metropolitan area. Because of this, fleets have been creating geofences - zones designed to help keep vehicles within boundaries - to work around those issues.
Topics: Fleet Management, Fleet Tracking, Fleet News, Misc
Every business that wants to optimize profits must deduce ways to cut down on costs. For fleet business, fuel costs undeniably lead in the expenditure sheet.
Topics: Fleet Management, Fleet News, Misc
Keeping a small business afloat in difficult economic times is exceptionally challenging. In 2021 alone, the annualized inflation in the US nearly surpassed 5%, a figure last seen over 30 years ago.
Topics: Fleet Management, Misc
Equipment leasing and financing are two popular ways to acquire equipment. However, business owners usually have a hard time deciding which one to settle for.
Topics: Equipment Leasing, Misc
The Pros and Cons of Leasing Office Furniture: When is Leasing the Right Answer?
When your office needs furniture, fast, furniture leasing can be one of the smartest choices in your options. Buying office furniture is a big investment. Desks and chairs are surprisingly expensive when bought en-masse to supply a team.
Topics: Equipment Leasing, Misc