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Fleet Financing: Thinking of Converting to Fixed Rates?

2014-09-14 19:45:08| AutomotiveDigest.com - Automotive Industry News

Bob Sandler, Senior Vice President, Customer Experience and Enterprise Consulting, Element Fleet Management Interest rates have been low over the past few years. In fact, they have stayed low for so long that experts monitoring the state of the economy are predicting an impending increase in interest rates over the next few years. This has caused finance departments to wonder if they should convert their assets to fixed interest rates in order to mitigate the risk of potential increases. READ MORE Here are four things to consider when making a decision regarding fleet financing and the move to fixed interest rates: The Article Fleet Financing: Thinking of Converting to Fixed Rates? appeared first on Automotive Digest.

Tags: rates fixed thinking financing

 

Shadley on Fleet Safety: A Question of Liability

2014-09-14 19:25:46| AutomotiveDigest.com - Automotive Industry News

By Randy Shadley, CAFM, ProFleet Solutions, LLC Question: What do Yogurt, Yoga, and Your liability have in common? Answer: They are all related to a California Court of Appeal ruling (Moradi v Marsh USA), where the insurance company, Marsh USA, Inc., was found to be liable for damages when one of its employees -- who regularly used her personal vehicle for company business -- was involved in a crash after work on personal time, while headed for frozen yogurt on the way to a yoga class in her personal car. You read that right: personal car, personal time, personal errands after work, employer responsible for damages. Not for damages to the employees car, mind you, but damages to the third party. READ MORE The Article Shadley on Fleet Safety: A Question of Liability appeared first on Automotive Digest.

Tags: question safety liability fleet

 
 

Aligning Fleet with Corporate Strategy

2014-09-14 18:57:16| AutomotiveDigest.com - Automotive Industry News

One of today's frequent fleet challenges is aligning with your organization's overall corporate strategy -- around issues like sustainability, service, and productivity -- and clearly showing that your fleet is making substantial contributions. The Article Aligning Fleet with Corporate Strategy appeared first on Automotive Digest.

Tags: corporate strategy fleet aligning

 

Element Fleet Management: Transition, Then Transform

2014-09-14 18:53:44| AutomotiveDigest.com - Automotive Industry News

There's a lot of excitement now at Element Fleet Management -- they're taking a 'transition, then transform' approach as they focus on successfully migrating customers onto the legacy PHH platform, with a host of new opportunities to extend some already-dynamic products and services. The Article Element Fleet Management: Transition, Then Transform appeared first on Automotive Digest.

Tags: management element transition transform

 

San Francisco Considers Car Sharing to Replace Fleet Vehicles

2014-09-14 18:30:05| AutomotiveDigest.com - Automotive Industry News

A San Francisco city supervisor has proposed car sharing for city workers as a cost-savings measure and way to replace underutilized fleet vehicles. Under the proposal, which was introduced last week, passenger vehicles and light-duty trucks in the citys fleet would be replaced over the next 13 years and replaced with contracts with private car-sharing companies such as Zipcar or City CarShare. The proposal would not apply to fire trucks, police cars, Department of Public Works maintenance vehicles or other specialized equipment. READ MORE The Article San Francisco Considers Car Sharing to Replace Fleet Vehicles appeared first on Automotive Digest.

Tags: car san francisco sharing

 

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