While new lease standard brings nearly all leases onto the balance sheet, debt metrics remain unaffected. More
Downtime is the nemesis of every fleet operator, and preventing it is a priority of truck leasing and renting companies. In fact, at Penske Truck Leasing preventive maintenance is one of the foundations that everything else rests upon. More
If you operate a private fleet in the food transportation industry, it’s time to get more familiar with the Food Safety Modernization Act (FSMA). Implemented by the U.S. Food and Drug Administration (FDA), the FSMA aims to improve safety and prevent spoilage. More
Oil prices are known for their volatility. And even when oil prices are stable, fuel costs vary from week to week and location to location. Fuel can also vary in quality. Purchasing off-spec fuel can result in costly maintenance issues and downtime. More
The business world is full of unknowns, but there are several ways leasing can help managers minimize transportation-related risk. More
For most fleets, safety is always top of mind. But what can organizations do to ensure the highest levels of safety for the motoring public, fleets and drivers? Maintenance is a key factor, and improper fleet maintenance procedures can impact performance, CSA scores and reportable incidents, and overall perception of your brand. More
Improving safety has many tangible and intangible benefits for a fleet, including decreased costs related to accidents, minimizing losses resulting from fines for safety violations, increased insurance premiums and damage to corporate reputation. More
If you could invest in something that would save lives and save your company money, would you? Of course you would, and with the continuous evolution of new active safety technologies available on newer trucks, you can. More
Industry news, trends and regulations, written for fleet owners and drivers with input from transportation experts.
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