It’s no secret that change is a constant in the fleet industry. To stay on top of challenges and to stay competitive, changes in the industry can’t be ignored but need to be viewed with an open mind. 

No longer can fleet managers afford to live by the mindset of “this is how it’s always been done” and expect to thrive, as increasingly the industry is becoming more tech focused and data driven with telematics technologies leading the charge. Transparency Market Research predicts that the worldwide fleet management market will grow to almost $16 billion by 2025.

Taking steps to winterize your fleet vehicles, including keeping tanks at least half full, using the right viscosity of oil , topping off fluids and checking wiper blades, tires, brake pads and shoes is key to ensuring your vehicles are prepared for the challenges associated with winter weather.

The Electronic Logging Device Mandate, which is more commonly referred to as the ELD Mandate, is a federal rule published December 2015 by the U.S. Department of Transportation (DoT) and the Federal Motor Carrier Safety Administration (FMCSA). 

Implemented in three phases, with Phase 2 going into effect in less than a month on December 18, the rule applies to most motor carriers and drivers who are currently required to maintain records of duty status (RODS). The rule’s intention is to help create a safer work environment for drivers and to make tracking, managing and sharing RODS faster and easier.  

Compared to highway accidents, parking lot accidents involving fleet vehicles may not seem like a very big deal. In terms of serious injury or fatalities, they’re not. But in terms of the cost of dents, dings, scrapes and driver downtime all adding up, well that’s another story. The truth is that parking lot accidents can be a very big deal that can decrease profitability.

Accidents in parking lots are responsible for a significant amount of a fleet’s overall annual operating costs. They often end up costing more than a serious highway accident in that if the insurance deductible isn’t met, the cost to cover an accident is out of pocket and straight out of profit.

Fleet telematics has come a long way since it first emerged in the early 1990s. What was initially a simple GPS system to pinpoint the location of a vehicle and tell if a vehicle was or wasn’t in motion has evolved into a sophisticated data gathering tool that can drive bottom-line benefits to fleets of all functions, compositions and sizes.

Today, fleet telematics technology integrates routing, geo-fencing, navigation, two-way communication, vehicle diagnostics, dashboard, real-time driver and vehicle alerts, customizable reports and a host of other features that collect critical data about vehicles and drivers that fleet managers use to shape strategy and improve efficiency.

To put the destructive power of nature in perspective, look no further than the damage estimates from Hurricanes Harvey, Irma and Maria—between $65 billion and $190 billion for Harvey, between $50 billion and $100 billion for Irma and between $45 billion and $95 billion for Maria.

Most of the recovery expenses will go toward property damage, but a good bit of those expenses—at least in the case of Harvey and Irma—will also go toward vehicle replacement.  

With innovations and technological advances in tank construction and also in fuel delivery, dispensing and monitoring, using aboveground storage tanks for fuel storage is safer than ever before, and if managed and maintained properly, they can provide fleets numerous advantages.

For example, there’s improved product security, a price break for buying fuel in bulk, greater control over inventory and the convenience of not having to wait on a fuel delivery service to top off vehicles or equipment—meaning less downtime, increased productivity and improved operating costs.

Truck drivers log 432 billion miles annually, so it’s no surprise that breakdowns are inevitable. Unfortunately, when a truck in your fleet breaks down, you lose time, money and, potentially, client trust if services or products are delayed. Considering how important it is to maintain your fleet, maintenance is top of mind for fleet managers.

It’s a best practice to track maintenance and repairs to determine if your fleet has unique areas that should be addressed immediately. There are, however, several leading causes of semi-tucks breaking down that you should keep in mind.

Drones—used solely for military purposes for decades—have proven to be valuable, adaptable and easy-to-use multipurpose tools that help provide organizations a more affordable, efficient and safer way to do business and a faster and smarter way to track and collect invaluable data.

Thanks in part to more regulatory clarification, technical innovations and reduced component costs, organizations of all sizes and industries are integrating drone technology in their daily business practices. 

To keep your workforce at the top of their game, you need to be at the top of yours. While every fleet is different, accomplishing this goal as a fleet manager can be as simple as incorporating a few of the most common habits of highly effective fleet managers.

To that end, let’s take a look at five common habits compiled by fleet professionals from the National Association of Fleet Administrators and other industry professionals to give you some insight on how adopting these habits can help you: