Blog

Finding the Right Size for Your Fleet

  • April 27, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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The size of your fleet is important. It shouldn’t be too large or too small in regards to assets. If there are too many vehicles and equipment laying fallow on your lot or job site, it is costing you money. If you don’t have the right assets for a project, your estimate might be a …

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4 Thoughts on Growing Your Customer Loan Retention

  • April 26, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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Springtime is a good time to refresh your loan portfolio and find ways to nurture sales from current or recent customers. Typically, it is cheaper to hold onto them than to woo a new one to your lot. So what else can you do to strengthen your relationship? Operating expenses can be lower for returning …

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In-Transit Visibility Is Your Competitive Advantage

  • April 20, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
Supply Chain Visibility

Tracking shipments is an integral component of effective supply chain management and control. Increasingly sophisticated customer service needs, such as within-an-hour delivery, require solutions that will provide logistics firms with critical data and insight needed to adapt. Though visibility in supply chains is a growing requirement, implementation of sensor technology varies across the industry. As …

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On the Road Again: A Better Way to Manage Hours of Service

  • April 19, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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Driving a truck can be stressful. In addition to the actual driving of the vehicle and managing the business requirements, one must also meet safety and other regulations. For example, the Federal Motor Carrier Safety Administration (FMCSA) rule for Electronic Logging Devices (ELD) has a looming deadline. Carriers still using paper logs must implement an …

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Why Fleet Telematics Is Important To Your Business

  • April 07, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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Implementing a fleet telematics solution can improve operational efficiency as well as provide data for strategic decisions, such as right-sizing your fleet. For service fleets, the information can assist in planning daily routes. For construction mixed fleets, the data makes your equipment and vehicles visible to the team. There are many benefits, such as these, …

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Vehicle Loans Can Be Quick and Easy for You and Your Borrower

  • February 28, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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According to the 2015 Pew Charitable Trust’s Auto Title Loan Report, two million Americans use title loans annually. Payday loans, pawn lending, or credit card advances are other options when a consumer needs money fast. These unfortunate situations happen – unemployment, unexpected repair, medical bills and more. For lenders, the worry comes from loan defaults …

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Equipment Data Can Help Reduce the Volatility in Your Profit Margin

  • February 23, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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Projecting and monitoring job costs are critical functions for any construction company bidding on contracts. The accurate collection of historical data and its use in cost estimating on new jobs greatly increases the odds that you deliver on time and within budget and, most importantly, make a profit. Materials and labor might be easier to …

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How to Raise the Visibility of Your Equipment Rental Fleet

  • February 15, 2017
  • Kristy Cartier
  • Reading Time: 3 minutes
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There are many benefits to raising your fleet’s visibility within your own organization. The sales team may know what equipment is available and the service crew knows the condition of the equipment. However, what do other parts of your company know about your fleet and why is it important? When your entire organization has access …

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How Your Fleet Can Overcome Bad Weather

  • February 03, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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Bad weather can be a nemesis to your productivity, keeping your vehicles and equipment parked in the lot. Winter can be especially trying in the colder states with the snow and ice. Yet, even the West Coast has experienced strong storms that have closed roads and disrupted traffic. While not all conditions can be overcome, …

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Telematics Can Secure Your Motorcycle Financing Too

  • February 01, 2017
  • Kristy Cartier
  • Reading Time: 2 minutes
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The used vehicle finance industry is typically focused on cars and trucks; however, if a dealer is looking to expand her portfolio, motorcycles might be a good choice. Manufacturers are designing and producing lighter bikes for city use in order to appeal to a younger demographic, per Autos CheatSheet®. And this is where the opportunity …

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