Monthly Archives: September 2017

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18 09, 2017

Lease Accounting Rules Trigger Changes in Fleet Management

By | September 18th, 2017|Fleet Management|Comments Off on Lease Accounting Rules Trigger Changes in Fleet Management

A new accounting rule was issued in 2016 by the Financial Accounting Standards Board (FASB) that will take effect for public companies in 2019, and 2020 for all other entities. The new rule? Companies must report operating leases on their balance sheets. What Spurred These Changes? Since the Enron scandal in 2001, where executives made [...]

11 09, 2017

Flex Fleet Rental Donates Pickup Trucks for Hurricane Harvey Cleanup

By | September 11th, 2017|Charitable Work, Fleet Management|Comments Off on Flex Fleet Rental Donates Pickup Trucks for Hurricane Harvey Cleanup

Amid the Hurricane Harvey cleanup efforts is a team of military veterans, business leaders, attorneys, and hundreds of volunteers. The Trident Response Group (TRG) of Dallas, TX, has joined forces with Team Rubicon, an internationally-known non-profit organization based in Los Angeles, CA, to assist in the cleanup efforts throughout the Houston region. Flex Fleet Rental [...]

5 09, 2017

100% Fleet Utilization – It Can Be Possible

By | September 5th, 2017|Fleet Management|Comments Off on 100% Fleet Utilization – It Can Be Possible

Having efficient fleet utilization is a key component to running a successful company. Many fleets are only utilized to 50%, or less, of their potential 100% utilization.  This utilization gap can be decreased if new tactics are implemented to increase the utilization of a fleet. If this gap is effectively decreased, companies can ultimately become [...]