What exactly is vehicle fleet management?

November 21, 2020 5:06 am

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Technology and infrastructure have both advanced so rapidly, they have now become such an essential part of society that society could simply not function without them. Transportation has also become vital in everyday life that it is hard to imagine a world without it.

 

A vehicle fleet management company is a company that owns a large number of cars and then leases the vehicles to their clients. An example of such a company can be found here: https://www.mphvehiclesolutions.co.uk/fleet-management. These companies’ clientele are usually bigger corporations which require a large number of vehicles, such as cars, trucks, or vans, to maintain their business. It would cost a company too much money to buy a large fleet of vehicles all at once, so the best way is to lease them from fleet management companies.

 

Vehicle fleet management companies don’t just hire out vehicles, they also provide other services such as: maintenance, fuel, accident cover, and safety to name a few. Furthermore, these companies also provide technologies such as apps for their drivers to use.

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An advantage of using a fleet management company is that the customer can control the fleet more efficiently and generally at a lower cost, due to the amount and other economies of scale they are able to produce.

 

Fleet management companies have been operating since the 1940s, and obviously the industry has changed severely since then due to the development and advancement of technology. The industry is always changing every day to keep up with society and the economy.

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