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Fleet Financials - January.February 2003

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In this Issue:

Moving Up the Ladder: Fleet Management Skills Enhance Careers
In a lean and mean economy, companies must look for real managerial talent for key positions. A fertile ground for such skills can be fleet management as Ray Apel of Solvay Pharmaceuticals found out.

Why Driver Reimbursement is Wrong for Your Company
Switching to reimbursement has the potential to cost your business more than to operate a company-provided fleet. Other effects include decreased productivity, diminished employee morale, and increased liability exposure.

NCR Finds Company-Provided Vehicles More Cost Effective than Reimbursement
Ten years ago, NCR changed its fleet policy and added company-provided vehicles to its program. The company estimates that making the switch has cut costs by almost 20 percent.
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