Some local businesses need to improve their vehicle fleets throughout the year. Purchasing and maintaining a growing number of vehicles can be expensive, especially if it requires you to keep hold of these vehicles.
Traditionally, insurance companies must cover all the repair expenses after an accident. However, your losses might go beyond scrapes and minor dents on your car's bodywork. An interested buyer might not be willing to pay the money he would pay for a similar fleet vehicle that hasn't been involved in an accident.
A full-service lease can be pretty tempting when you are looking to build a stable annual fleet operations budget. But is it the best bang for your buck?
Selling your fleet vehicles is an important part of the fleet management lifecycle. Ideally, your fleet and business are going to last longer than the useful working duration of your vehicles.
By 2021, 37 deaths were caused by faulty airbags recalled in over three million cars. Earlier, a GM flawed ignition switch caused 124 fatalities. These deaths happened both before and after the recall.
Recent global events have sent fuel prices skyrocketing to upwards of $5 a gallon. This is a financial burden for commuting individuals, but this massive rise in prices could be devastating to the fuel budget of a commercial fleet.
In 2020, the COVID-19 pandemic wreaked havoc across the globe, pushing millions of entrepreneurs out of business and leaving many small and middle enterprises with looming debt crisis. However, with the world slowly picking itself up from the rubble, most entrepreneurs and business holders like you have learned some hard lessons to take into the future.
Running a business fleet, and tracking your vehicles is a practical and modern way to take good care of the fleet. You need to know where your vehicles are when they are on route to services, working with clients, and visiting job sites.
Today, vehicle tracking is a common word to many car owners. Ever since the innovation of car tracking, companies have been using it to safeguard their mobile possessions. There're many benefits realized when businesses use vehicle tracking systems in their fleet of vehicles.
According to the American Trucking Association, the trucking sector was short of 60,800 drivers in 2018. The situation is so dire, and the Association projects that driver shortage may rise to 160,000 drivers by 2028 if the current trends are anything to go by.