2021 Peterbilt 389

What does it take to develop a fleet management budget that will support you on the way to your business goals? In this short guide will cover the determining aspects you should keep in mind and strategies to employ when drawing up a fleet budget. But first, let’s clarify — why is it imperative to have one? 🤔

Discover the best dispatch software for construction. Compare Fleet Chaser, Tenna, HCSS, Clue & more to optimize crew scheduling, equipment, and project delivery.

Geofencing leverages GPS or RFID technology to establish virtual perimeters around physical locations, granting fleet managers meticulous control and invaluable insights. It addresses concerns such as driver behavior monitoring, unauthorized asset use prevention, streamlined administrative tasks, load counting, and improved safety compliance. To gain a comprehensive understanding of the tangible benefits geofencing offers, let's delve deeper into its functionality.

Operating a fleet requires greater-scale management to ensure performance optimization, expense reduction, and efficient cost distribution. Without outlining a budget that keeps track of every expenditure and point of resource consumption, financing and running a fleet business becomes very complicated and unproductive.

Managing a fleet has never been more challenging. Rising insurance premiums, unpredictable fuel costs, and growing maintenance costs combined with the need to keep equipment running efficiently on tight schedules…

But your drivers may need to be on board with that decision. How do you do what’s best for your drivers and fleet without harming driver trust while juggling legal concerns? Not to worry. Here are crucial points to keep in mind in your efforts to equip your fleet with dash cams while preserving driver privacy:

We've launched Time Clock, a fully integrated system that lets employees track their time with clarity — and gives managers the tools to approve and manage everything without the guesswork. Built into both the Employee App and the Console, this feature helps eliminate timesheet chaos and brings structure to your team's day-to-day work tracking.

A well-constructed fleet management strategy is the backbone of profitability and efficiency of any fleet business. Adequate management not only reduces delays by reinforcing organization but also prevents downtime, cutting costs and increasing potential revenue as a result, and ensures your assets are always in top condition.