The long awaited changes to the Financial Accounting Standards Board (FASB) rules for vehicle leases will take effect in 2018, but fleets will need to prepare for the new rules well in advance.
Mike Quimby, Senior VP & General Manager at Element Fleet Management has written an excellent article to guide us. Fleet Managers – Preparing for the New FASB Rules, tells us what the new regulations mean to fleet managers and gives us some tips on working with our internal finance teams.
We congratulate Munich-based Fleet Logistics and CEO Dr Jörg Löffler as the company celebrates its 20th anniversary. No longer just a player in Europe, Fleet Logistics has expanded its global reach with a series of strategic moves.
Last chance: You have until Wednesday, November 30th, to save an extra $50 off the early registration rate for NAFA I&E — an event that you will not want to miss!
Janice Sutton
Editor in Chief