What is a fleet vehicle, though? And if you’re looking to buy a used car as an individual buyer, does it make sense to purchase one? In this article, we will talk about precisely that. We’ll get into what fleet vehicles are, state the pros and cons of owning one, and mention ...
for business purposes. It’s worth noting that a fleet vehicle doesn’t have to be owned by the business. Companies may choose to purchase, lease, or rent vehicles according to their specific needs. Vehicles can even belong to an employee — these are referred to as a “gray fleet.” ...
In this blended model, the company avoids building its private carrier fleet up to a peak level that only lasts for a short time. Sunk costs in the form of transport capacity take away from the bottom line, so even the most control-oriented companies are not always opposed to using common...
A fleet vehicle is a car, truck, or other automobile that is, or was, part of a group of vehicles owned by a business. All fleet vehicles are business vehicles, but not all business vehicles are fleet vehicles. And—here's where it gets even more complicated––a fleet vehicle can be...
While all of the above may be considered commercial motor vehicles, not all are subject to federal motor carrier safety regulations. For example, based on the FMCSA’s definition of a CMV, taxicabs are not subject to federal regulations. Similarly, if a vehicle and operator only engage in ...
Capital expenditures can help improve a company's operational efficiency and productivity and increase its revenue in the long term. But they often require a significant outlay of money and may also necessitate borrowing. For that reason, companies will typically perform acost-benefit analysisto ...
Given that EV charging ranges and speeds are increasing and green hydrogen is still too costly for the typical private BEV owner, hydrogen is unlikely to have a major impact on vehicle mobility for passengers. Alternatives are limited in different ways: biofuels are scarce and expensive, while ...
CARCHEX extended vehicle protection plans are designed to protect your car from the most common and expensive repairs, which includes your powertrain. All five of our protection plans, from Bronze to Titanium, cover your powertrain for somewhere between five and 10 years. Our plans also include be...
Private and public sector fleet managers from around the Southern California region and beyond convened for a day of educational sessions and electric vehicle test drives during theFleet Forward: The Tourevent held at the Doubletree Hotel along the southern waterfront of Los Angeles. ...
Fleet managers are responsible for directing and managing the costs of the vehicles owned or leased by their companies. They also create policies based on company requirements, to address vehicle usage and driver behavior, and may also set driver schedules. What does a fleet manager do? While ...