Tom Bessinger has been named vice president of Sales Central Region at Element Fleet Management, bringing with him more than 18 years of sales leadership and coaching experience. Tom's most recent position was the director of client relations for Runzheimer International, a provider of business vehicle reimbursement programs, where he oversaw account management for five years.
Entering 2015, carriers were benefitting from a near Goldilocks supply/demand environment with profit tailwinds highlighted by strengthening freight trends, pricing leverage due to tight capacity and declining diesel prices.
GE economists remain optimistic that the domestic economy will continue to improve gradually, with expectations that real U.S. GDP growth will accelerate from 2.2 percent in 2014 to 2.8 percent in 2015.
However, the trucking environment is not entirely absent of challenges.
In their latest Perspective report covering the US automotive market, NADA Used Car Guide analysts have determined the amount of used vehicles for sale are going to increase this year, and new vehicle leases will likely reach a record high.
"Consumers should know that the amount of new vehicle lease contracts signed and the used vehicle market are intrinsically linked," said Jonathan Banks, executive analyst for NADA Used Car Guide.
With all the data coming from vehicles today, fleets have a variety of great opportunities to minimize operational costs across the board.
Building and expanding your agency’s motor pool can be the key to maximizing usage, cutting costs, and reducing carbon footprint on a massive scale.
Northern California-based Local Motion has published an informative white paper to guide government agencies with a step-by-step plan to set up, expand, and effectively manage their motor pools to reduce expenses, decrease waste, and even generate a surplus to reinvest in their fleets.
When departments transfer control of their vehicles to a central motor pool, they only pay for the hours of transportation their employees actually use. What’s more, shared vehicles increase overall efficiency because they can take more trips, get more mileage, and serve more drivers per day than assigned vehicles.
Click here to download the free white paper.