Element’s Fleet TCO Index Reflects 14% Drop
Element Financial Corporation today debuted its first Element Fleet Total Cost of Ownership (TCO) Index, a proprietary annual look at major cost categories affecting vehicle fleets, bringing greater clarity to company vehicle expense for businesses.
The inaugural Fleet TCO Index shows that the total cost of having a vehicle fleet fell by 14 percent (14 points) from 2014 to 2015.
Manheim Expands Inspection Services to Meet Growing Marketplace Demand
Accurate and Consistent Condition Reports Maximize Revenue, Speed Transactions and Enhance ROI
To meet growing client demand for accurate and consistent condition reports, Manheim announced plans to expand its inspection services. This year, Manheim, in partnership with Alliance Inspection Management (AiM), will enhance capabilities to handle larger volumes at auction sites and expand on-lot services at dealerships in major population centers across the country.
“Our condition reports help clients gain a better understanding of their vehicles’ market value, which, in turn, enable them to manage their inventory as profitably as possible,” said Shane O’Dell, Senior Vice President, Manheim Vehicle Solutions.
NAFA Announces Dakota County as Newest Sustainability-Accredited Fleet
NAFA Fleet Management Association is pleased to announce its next accredited fleet via NAFA’s Sustainable Fleet Accreditation Program is the fleet of Dakota County.
They join Minnesota Department of Transportation; the City of Anaheim, CA; the County of Ventura, CA; Kent Fire Department RFA, of Kent, WA; the City of Austin, TX; and the University of California-Davis; all accomplished, recently accredited fleets.
These fleets have successfully demonstrated that a credible sustainability plan is in place, and real, meaningful progress is being made toward reducing their total emissions and the negative environmental impact made by extraneous carbon fuel usage. Dakota County joins an ever-growing list of NAFA-accredited fleets that are bringing positive action and quantifiable value to their organizations.
Element Recognized as Carestream Health’s Supplier of the Year
Element Financial Corporation announced its fleet management business received the supplier of the year award at Carestream Health’s annual supplier conference. Carestream Health Inc. is a provider of IT solutions and dental and medical imaging systems serving customers and markets with operations in over 170 countries worldwide.
"We're honored to be named supplier of the year by Carestream Health," said Kristi Webb, president and CEO of Element Fleet Management. "Our team is focused on delivering world class customer service and exceeding the expectations of our clients. An award such as this shows us we are actively meeting our mission of empowering extraordinary results."
Register Now For NAFA’s Next Webinar: Developing A Best-In-Class Fleet Policy — Registration Closes May 17!
NAFA's latest webinar session, Developing a Best-In-Class Fleet Policy, will show fleet professionals the right steps to take when developing a comprehensive fleet policy so they receive full company buy-in and support. Learn how to integrate important elements that impact various company departments.
A well-written policy gives drivers one source for all information relating to their use of a company vehicle. Learn how to develop the most important fleet document: the fleet policy.
The webinar will be held WEDNESDAY, May 18, so don't miss out!
