Managing a trucking fleet today is more challenging than ever. New technologies are constantly emerging and powertrain designs are becoming increasingly complex. These megatrends are reshaping all aspects of trucking in North America. But with new leasing and fleet management opportunities, trucking companies can access powerful tools to maximize their performance.
Most often fleets use leasing to finance equipment updates. Unfortunately many leasing companies are still locked into older business models. These offer blanket solutions that don’t always work for an increasingly dynamic industry. But new ways of looking at leasing give truly comprehensive services to fleets.
The concept is simple: provide scalable, diverse management options. This puts fleets in control, so whatever your diverse business and operational challenges, you can create a suite of services that’s tailored and optimized.
This guide to fixing your broken truck fleet management system takes an in-depth look at three major aspects to fleet management.
At a glance, this guide covers:
1. How to Design Financing That Suits Your Needs
The first step in any fleet management cycle is acquiring assets and financing them. Here too, trucking is changing fast. Fleets are discovering that the long-established financing options they depended are no longer the most effective.
2. How to Improve Day-to-Day Fleet Operations
Benchmarking against other successful fleets can help provide a better roadmap to reach your goals. Do you know how your operations measure up compared to other similar fleets?
3. Maximizing Maintenance Efforts and Lifecyles
This process helps fleets ensure the lowest total cost of ownership, by doing everything possible to keep vehicles on the road and earning money. With the right maintenance program you can do that by cutting the expenses that come with breakdowns. This can include much harder-to-pinpoint problems, such as avoiding overpaying for parts or spending on unnecessary preventive maintenance.
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