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Donlen announced today it received the Business Intelligence Group’s BIG Award for Business and was named a 2020 Company of the Year. The BIG Award for Business program offers companies, their products, their people, and their tactics a chance to be globally recognized by panels of business veterans and leaders. “Our employees are working extremely hard in these dynamic times,” said Donlen President Tom Callahan. “Getting external recognition like this for their creativity, teamwork, tenacity, and engagement validates what we’ve always known – we have the best employees in the industry. On behalf of Donlen, we are humbled to be named a 2020 Company of the Year award winner.” READ MORE
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Reuters Gig economy companies want to turn California voters’ decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and rival services be treated as employees with higher compensation. The ballot measure, known as Proposition 22, carves an exception for ride and delivery companies in a controversial state labor law and offers gig workers some healthcare, minimum pay and other benefits. The state had said gig workers would have to be treated as employees under the law. Trend-setting California passed the first state law requiring companies that control how workers do their jobs to classify those workers as employees, and others have followed. Read the article at Reuters.
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By Bill Bishop, Vice President, FLD November 2020 As 2020 inches to conclusion, no one would argue that this has been perhaps the most challenging year not just for our industry, but for our existence. At a time like this, people in all walks of life – and business – are looking for ways to mitigate risks to ensure their ability to survive in a world of unknowns. In fleet, perhaps no function is riskier than vehicle remarketing, a service with many moving parts. Executed flawlessly, it can add meaningful value, helping improve total cost of ownership while fulfilling the promise of vehicle leasing. Mishandled, it not only costs money, but wastes valuable time and company resources as well. Unfortunately, the vast majority of third-party providers and preferred channel partners make the remarketing process not only cumbersome, but risky for sellers. READ MORE
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How do you effectively use aggregated driver risk insights to reduce your exposure to crashes/incidents/injuries and possible business-ending events? By Jim Noble, Senior Vice President of Risk Engineering, eDriving November 2020 Driver risk management is a complex picture of dozens of interconnected influences that, layered together, create a total picture of risk. Using just one element of that picture, even an important element like today’s in-vehicle intelligence provided by telematics or cameras, is like viewing the old console tube-type television picture. It just doesn’t provide the high definition picture you get with the TVs of today which can process massive amount of data to give that “I can see the individual grains of sand” picture clarity. If you want a high definition overview, you need the “bigger picture”. READ MORE
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CrewVanCo. brings an insurable, proven concept to North America By Mark Boada, Executive Editor If you run a fleet with cargo vans and want to send a crew of four to six to a work site, you may well have run across this problem: you can’t fit them all in the same vehicle. With the first occupied by the driver and one passenger, and with the tools and parts in the back, one solution is to run the extra crew members in a second vehicle – but that means double the fuel and insurance costs, not to mention the double exposure to potential accident liability and an extra vehicle in your fleet you might not otherwise have to acquire or could use on another assignment. Alternatively, you may get the whole crew where they need to go in a single crew cab pickup truck, which you may have upfitted with a service body. The problem there is three-fold: the pickup typically burns more fuel than a cargo van, the upfit could cost you north of $20,000 over and above the cost of the vehicle, and the upfit itself runs the risk of greater exposure to chassis corrosion, a shorter lifespan for the vehicle and a lower residual value when it comes to time to remarket it. Fortunately, there’s a new company out there that can solve this problem and save you big money. READ MORE |
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By Anthony Sasso, President, TD Bank Equipment Finance Inc.
As we look down the road at 2021, there are some hopeful signs on the horizon. While consumer spending is still down, the Cass Freight Index shows that shipping volumes are up from August and is now only 1.8% behind year over year—up 27.5% from April lows. FTR’s Trucking Conditions Index rose to 8.31, showing increased optimism for the industry thanks to the favorable rate environment. The sale of Class 8 trucks continues to recover, and spot rates are also going the right direction, which could be a sign of a rebounding economy. Even with these hopeful signs, there are still more questions than answers for the year ahead. The biggest question—how the pandemic will play out in the months ahead—will impact everything else. Still, fleets can prepare for the uncertain environment to ensure they are set up for success. Here are a few ways they can make sure they are ready for the unknown. READ MORE |
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Quartz Almost as soon as a winner was declared, the world began lining up to work with the incoming US president on climate change. Joe Biden won the election running on the most ambitious climate agenda in US history. In the UK, Boris Johnson sent well wishes to president-elect Joe Biden and running mate Kamala Harris, offering to work closely together on “our shared priorities from climate change to trade and security.” In Fiji, which in danger of drowning under rising seas, the prime minister tweeted his congratulations to Biden: “Together, we have a planet to save from a #ClimateEmergency.” He has promised that the US will get on track to eliminate greenhouse gas emissions from the electricity sector by 2035, reimpose strict fuel mileage standards, restrict oil and gas extraction on public lands, supercharge renewable development, and rejoin the international Paris Agreement, with the aim of keeping the average global temperature from rising more than 1.5° C above pre-industrial levels. The Environmental Protection Agency will be led by environmentalists, not lobbyists. There’s also talk of appointing a climate body to coordinate federal action, on par with the powerful National Security Council. Read the article at Quartz. |
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