Fleet Risk Management: Top 3 Ways to Reduce Risks

Posted by PS Energy Group on Nov 2, 2021 10:00:00 AM

There’s no question that a fleet manager’s job is complicated. Most of the time, it can be downright chaotic. With fleet management involving many moving parts, including drivers, vehicles, safety, and compliance, keeping all in check while improving operational and overall fleet efficiency is no easy task. Thankfully, risk management best practices can make fleet management easier by making it more streamlined and efficient.

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Tags: Fleet Management, Asset Management, Risk Management

Key Performance Indicators to Drive Business Decisions

Posted by PS Energy Group on Oct 5, 2021 12:00:00 PM

Digital transformation is taking place across all industries and is particularly prevalent in transportation and logistics. For fleet managers and owners of trucking companies, this shift means one thing — modernize your management systems or roll the dice on your digital, data-driven competition, gaining a competitive advantage and leaving you behind.

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Tags: Fleet Management

The Top 5 Reasons Truckers Leave a Fleet

Posted by PS Energy Group on Sep 28, 2021 10:00:00 AM

Even though truck drivers are essential to U.S. economic stability and growth, they are commonly an under-appreciated group that doesn’t get the respect they deserve. Think what would happen if truck drivers decided not to show up for work. Grocery shelves would be empty, raw materials wouldn’t be supplied to manufacturers, new products wouldn’t be developed, gas stations would have no fuel, and hospitals would be lacking the medical supplies and pharmaceuticals needed to treat patients. These are just a few of the “doomsday” scenarios that would become a reality. Nothing moves without truck drivers. Practically everything we use or consume at some point is transported on a truck.

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Tags: Fleet Management

Reining in Insurance Costs for Fleets

Posted by PS Energy Group on Aug 10, 2021 10:00:00 AM

Rising fuel and maintenance/repair costs are always a hot topic for fleet owners and managers. But what’s typically not as top of mind is the rising cost of fleet vehicle insurance premiums over the last couple of years. With premiums steadily rising and, in some cases, even doubling, owners and managers need to be thinking more about insurance and how to keep premium costs under control.

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Tags: Fleet Management, Risk Management

Boost the Efficiency of Last Mile Fleets

Posted by PS Energy Group on Jul 13, 2021 10:00:00 AM

With e-commerce increasingly becoming a more significant percentage of U.S. retail sales, last mile delivery fleets have never been busier. E-commerce is projected to grow to 19.2% of all U.S. retail sales by 2024, and the North American last mile delivery market is projected to grow by $58.91 billion between 2021 and 2025. To meet the demand and be competitive, fleet managers must ensure their last mile delivery fleets run at top-notch efficiency.

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Tags: Fleet Management, Asset Management

How to Build a Driver Retention Strategy

Posted by PS Energy Group on Jun 15, 2021 11:15:00 AM

The truck driver shortage is one of the biggest challenges the U.S. trucking industry currently faces. Looking ahead to the future, it’s going to get even more challenging. According to the American Trucking Association, the April 2021 shortage of 63,000 will climb well over 100,000 by 2022 and close to 180,000 by 2026.

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Tags: Fleet Management, Industry News & Reports

Pros and Cons of the Most Common Green Fuels

Posted by PS Energy Group on May 18, 2021 3:30:00 PM

With lowering fuel and maintenance costs, compliance with government regulations, and reducing carbon footprint being top priorities for businesses that operate fleets, it’s no wonder that fleet managers are increasingly turning to green fuels to power their fleet vehicles. A 2020 fleet purchasing survey indicated that interest in green fuels is on the rise after remaining relatively flat for the last several years. 

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Tags: Fleet Management, Fuel Management

Get Your Fleet Ready for Hurricane Season

Posted by PS Energy Group on Apr 20, 2021 10:00:00 AM

As if fleet managers don’t have enough on their plate dealing with the ongoing impact of the COVID pandemic on their fleet operations, along comes the 2021 Atlantic hurricane season, which officially begins June 1 and runs through November 30. 

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Tags: Emergency Fueling, Fleet Management, Asset Management, Risk Management

Fleet Management In a Post-COVID World

Posted by PS Energy Group on Apr 6, 2021 10:00:00 AM

There’s no question that the COVID-19 pandemic has changed everything — upending the world and making business as usual highly unusual and exceptionally challenging across all industries. For the fleet industry, the pandemic has caused a seismic shift in how fleet managers handle operational, logistical, and financial challenges while safeguarding employees and keeping business productive and profitable. 

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Tags: Fleet Management

Driver-Centric and Fleet-Centric Management Strategies to Reduce Fuel Costs

Posted by PS Energy Group on Mar 23, 2021 10:00:00 AM

With fuel being a fleet’s number one operating expense — accounting for as much as 60% of a fleet’s operating budget — lowering fuel costs is a top priority for every fleet manager. Whether fuel prices are rising or falling, putting management strategies in place to mitigate fuel costs is key to running a cost-effective, efficient, and profitable operation.

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Tags: Fleet Management, Fuel Management

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