Insights

Last month, more than 2,000 fleet professionals flocked to San Antonio for the NAFA Fleet Management Association’s annual conference. According to NAFA, attendees hailed from nearly all 50 states, 6 Canadian provinces and 16 countries, as well as all the major sectors of the fleet industry. Talk about a true meeting of the minds —…

When purchasing assets, fleet managers tend to take a well-planned approach. And for good reason: The right mix of features, and the right buying or leasing strategy, can unlock significant value. That value extends well beyond the purchase or lease price alone; it also impacts the total cost of ownership (TCO) over the entire life…

As the automotive market slowly returns to normalcy, fleet managers are settling into the first days of 2024 with undeniable optimism. Vehicle supply is expected to hit pre-pandemic levels, helping to apply downward pressure on vehicle prices. And the seller’s market of the previous few years is predicted to end in 2024. But as a…

This year’s El Niño winter is expected to bring cool, wet weather to the U.S. south and warmer, dryer weather to the north. But no matter where your fleet is located, winterization is critical. Now is the time to get serious about preparing your fleet vehicles for harsh, icy weather and whatever else Mother Nature…

On a typical day, in-house fleet managers are already accomplishing a tremendous amount with limited resources. Even the smallest unexpected events can stretch your bandwidth to the brink. But of all the surprises involved with managing a fleet, few cost as much time, money and frustration as dealing with a property damage claim.  Whether you…

When it comes to vehicle acquisition, fleets have a few clear routes: ordering from the factory, purchasing from dealer stock or leasing. Many fleets are exploring leasing to secure more favorable financing terms and reduce acquisition costs; we’ll talk all about leasing in a blog post coming next month. But for fleets looking to purchase…