Regardless of how many variables there are for determining a fleet's success, the final determinant is always money. And the cardinal rule for making profits is properly managing the money at your disposal.
Technology is woven into our lives to communicate, solve problems and get from point A to point B. If you travel, you likely rely on technology to help get you where you want or need to go on unfamiliar streets or in an unknown city.
Every organization in the fleet industry understands the need and importance of managing the fuel consumption of their vehicles. Fuel is one of the most significant expenditures on their budgets, and investing in fuel management systems to manage over-consumption is essential.
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.
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.
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.
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.
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.
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.
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.