Keeping a handle on small business expenses can be difficult. It is easy for the costs to climb, leading some savvy business owners to look for ways to control spending and manage expenses.
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Asset management is an invaluable aspect that affects the efficiency of your fleet operation. As the year approaches its final stretch, you must assess your fleet assets to determine their relevance in your business. The temptation to keep your older vehicles is irresistible because of the short supply of new ones.
Topics: Fleet Management, Fleet News, Misc
The unexpected pandemic hit hard to the extent that many companies advised their employees to park company vehicles, avoid in-person meetings or business travel, and stay safe.
Topics: Fleet Management, Fleet News, Misc
The ongoing semiconductor chip shortage has had a significantly severe impact on the global automotive industry.
Topics: Fleet Management, Fleet News, Misc
For the fleet management industry, the supply chain is a big concern for most players and an important topic of discussion in 2021. Everyone is wondering what the new year holds for the new vehicle delivery schedules in 2022 as we wrap up 2021.
Topics: Fleet News, Misc
Operating vs. Capital Leasing: The Difference Between Each and How to Choose Between the Two
Company-provided fleet vehicles continue to be the most cost-efficient and safest method of offering transportation to workers who need to travel to deliver and service products and meet customers. There are a couple of ways fleet companies can provide these vehicles: ownership or lease.
Topics: Fleet Financing, Misc
The automotive industry is evolving each day as it continues to incorporate technology. The rising attention electric vehicles are seeing in the country has caused fleet owners to consider a switch from the conventional internal combustion engine, ICE cars.
Topics: Fleet News, Misc
Fuel efficiency is a serious concern for most fleets. In many cases, fuel can define your daily overhead. Good fuel prices and efficient driving can significantly reduce your budget use in a month and long-term improvements can go so far as to impact your end-of-year revenue.
Topics: Fleet Management, Fleet News, Misc
You have realized that you need a fleet for your business. What next? The next thing is to decide whether to lease through a fleet management service or a dealer. However, you don't know which one you should choose.
Topics: Fleet Management, Vehicle Leasing, Misc
Recently we have seen legendary hurricane floods across the East Coast. In many regions, the water rose up above chest level and overtook tens of thousands of vehicles.
Topics: Fleet News, Misc