In fleet management, standardization refers to the process of setting common standards and specs for fleet assets to minimize asset variability. Photo: Viarami Most complex fleets are comprised of diverse asset types based on the specialized functions they must perform and, due to their higher acquisition costs, tend to have longer service lives. One consequence
As the golden Angel of Independence looks over Mexico City’s landscape, the country fleets face such issues as a vehicle manufacturing/export imbalance, theft and replacement obstacles. Photo: Victor Armas To examine the state of Mexico’s fleet market, Automotive Fleet Editor Mike Antich spoke with Peter Rodriguez, CEO of Global Motors. Based in Mexico City, Global Motors provides leasing
With regular review, a fleet policy can take advantage of cost-saving opportunitites, emerging trends, and new operational efficiencies. Photo: Nataliya Vaitkevich The danger of a fleet policy remaining static, or unchanged over time, is that it can lead to various negative consequences. Here are some potential dangers associated with maintaining a static fleet policy: Operational
Detecting and preventing rogue spending requires robust internal controls, effective oversight mechanisms, and a strong ethical culture within the organization. Photo: Quince Creative Corporate maverick spending — sometimes known as rogue spending — refers to unauthorized or improper expenditures made by employees within a company without proper approval or adherence to established financial controls. It involves individuals
A 20-year fleet management industry veteran, Brad Burgess steps into the role at Merchants as the organization plans for the retirement of Senior Vice President of Sales and Strategic Solutions Tom Coffey. Photo: Merchants Fleet Fleet management company Merchants Fleet, announced May 1 the hire of Brad Burgess as the new senior vice president of
Mike Butsch, VP of Global Business Development for Primrose Alloys and commodities subject expert, notes a slight relief in aluminum and steel pricing as they relate to the automotive market. Photo: Jonathan from Pixabay Economic, political and industrial forces are impacting the price and availability of commodities key to the fleet industry, namely, steel, aluminum, copper and nickel. To examine
Forward collision warning and automatic emergency braking are among the safety technologies increasingly installed in vehicle across the model lineups. Photo: NHTSA The widespread adoption of advanced driver assistance systems (ADAS) presents management issues for fleets around the globe. Automotive Fleet Editor Mike Antich and Hans Damon, principal partner of U.K.-based Fleet 360 examine the
Fleet trends in one industry — such as oil and gas — often can signal what’s happening in other business segments. Photo: DrPepperScott230 Fleet trends in one industry often can signal what’s happening in other business segments. Automotive Fleet Editor Mike Antich recently talked with Kimberly Fisher, director of global fleet and travel for NOV, a major
Hard costs refer to physical assets, e.g., fleet vehicles and their operating expenses. Soft costs are expenses omitted on a company’s balance sheet, such as preventable accidents, productivity improvement and downtime minimization. Photo: Steve Buissinne Corporate initiatives to reduce fleet cost structure primarily focus on hard costs with secondary consideration given to soft cost reduction. Invariably, procurement initiatives focus
Advanced driver assistance systems use automated technology, such as sensors and cameras, to detect nearby obstacles or driver errors, and respond accordingly. Photo: NHTSA The adoption of new onboard safety technologies, such as advanced driver-assistance systems (ADAS) adds new complexity and expense to fleet maintenance programs. These systems include such technologies as automatic emergency braking
