May 08, 2009
Fleet management: it’s time to witness the new age
Vehicle leasing and fleet operational management service providers are having a tough time with the current economic downturn. On one side they are facing operational challenges within their business. On the other, they are tackling severe price pressure from the clients -- since the clients are always on the lookout for means to reduce logistics costs. Fleet management companies are in the race to grab the best chunk of the profitability pie, utilizing lesser cost. This, of course, poses the real challenge for them within the industry. The trend has definitely brought forth the necessity for a change in the way fleet management companies do their business.

