Tracking your fleet’s fuel spend is not as simple as adding up your credit card statements. The mountain of paperwork is one of the big challenges.
Another, which may surprise you, is misuse. Whether you know it or not, the costs of fuel card misuse to your company are significant.
Fortunately, many vehicle fleet managers are saving money by identifying incidents, addressing the situation with...
Concerned about rising fleet interest rates? You’re not alone.
Today, we’ll discuss what you can do to keep your costs down as much as possible, including:
Understanding variable and fixed rates
Buying vehicles at the right time, for less money
Learning how buying and selling affect interest rates
And more. So let’s get started!
What is the new interest rate situation?...
If you aren’t taking a close look at your fleet’s total cost of ownership (TCO), you’re likely losing money.
So what can you do about it?
Today, we’ll discuss how a fleet life cycle cost analysis can help you. We’ll also share why a fleet management company is an essential partner in helping you reduce your TCO.
WHAT IS A FLEET VEHICLE LIFE CYCLE COST ANALYSIS?
A life cycle cost analysis is...
Are you looking to gain better control of your fleet costs? In this blog, we’ll discuss how to save money by:
reducing your administrative costs and
optimizing driver purchases.
So, if you’re ready to improve your fleet cost management, let’s dive in!
How Much Are You Spending on Fleet Operating Costs?
It’s no secret that companies are under pressure to reduce costs in an effort...
If you’re looking to reduce fuel costs, you’re in the right place. In this blog, we’ll share five of our best strategies to save money on fuel.
The best part?
You can start implementing most of these tactics right away—so you don’t have to wait to see the benefits reflected in your bottom line.
Let’s get started!
HOW TO INCREASE FUEL EFFICIENCY AND SAVE MONEY
1. Improve Driving Behaviour...
This is an exclusive blog written by the President of Foss National Leasing, Jeff Hartley.
As President of Canada’s largest privately-owned fleet management company, I have a comprehensive view of the challenges fleet operators face.
Whether it’s a government fleet of 800 vehicles or a landscaping firm with 15, there are common issues all fleets share. In the end, it’s all about boosting...
Ontario’s 407 Express Toll Route (ETR) is a crucial route for many fleets. This main highway is a quick east to west route that avoids many of the clogged main roads. It’s also the most efficient out of all the 400 series highways. And while the efficiency is a real time-saver for fleets, challenges can arise when it comes to dealing with 407 ETR charges.
Because the highway’s billing process is...
Calculating the taxable benefit of an employee’s company car has meaningful impacts on their take home pay. Doing it incorrectly may put the employee in a position to pay more income tax than required. And who likes to pay the tax man?
The goal is to provide accurate documentation to keep the tax man satisfied.
Tabulating the tax-ben value is, sometimes, a painful exercise made even more complex...
Any shrewd business owner with an operation large or small, knows the importance of efficiency and cost reduction. Where cost reduction lies on a long list of priorities will vary from business to business, but it is never far down the list. Vehicle telematics is a sure and proven way to cut fuel expenses.
By investing in a telematics solution like one that Foss National Leasing...
One thing we stress to our clients (and potential clients) is that not all fleet invoicing and billing is as transparent as it should be. It’s why we ask questions such as:
What are your available Fleet Discounts, and are you receiving them?
Are there any “Hidden” Discounts you should be receiving...