mitigate risk

Animal collisions can cause severe vehicle damage, resulting in the need for repairs. U.S. drivers on average have a 1 in 128 chance of a collision with an animal, according to an annual study by State Farm. The figure includes dogs, coyotes, rodents and deer. Deer remain the No. 1 animal involved in a collision.

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The business world is full of unknowns, but there are several ways leasing can help managers minimize transportation-related risks so they can focus on their core competencies.

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The role of chief financial officers (CFOs) at organizations with private fleets has evolved, and today’s CFOs are being asked to provide more and more information.

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Regular maintenance of Class 8 vehicles requires replacing and removing fluids to keep vehicles running. Used fluids must be recycled or disposed of correctly and documented from cradle to grave to meet regulatory requirements. Additionally, customers are increasingly interested in monitoring their carbon output and documenting recycling efforts.

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The very nature of maintenance and heavy-duty truck repair work can pose an increased risk of injury to employees. Private fleets that operate a vehicle maintenance facility have most likely experienced the risks and hard costs of hazardous waste, inadequate or outdated tools, and injuries.

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