Fleet & commercial
According to Global Trade Magazine, 77% of UK fleet operators lose money because of seven pervasive myths, each costing on average £15,000 annually. Those myths linger from outdated assumptions about electric vans, insurance handling and diesel-centric infrastructure, meaning many firms still overpay for fuel, maintenance and claim processing. Financial
Fleet & commercial
7 Key Hacks Protecting Texas Fleet & Commercial Risk State Farm Texas Commercial, Nationwide and Alpha Risk Protection are the three carriers that deliver the best cost-coverage balance, and they collectively hold 8% of the Texas commercial fleet market. Their flexible deductibles and rapid claim handling help fleets offset the
Fleet & commercial
Fleet & Commercial Insurance Brokers vs Self-Insured: 7 Cost-Cutting Wins? Broker-driven programs generally achieve lower total cost of risk than self-insurance because they spread loss exposure across multiple carriers and add professional risk-management services. By leveraging negotiated endorsements, data analytics, and dedicated claim-handling resources, brokers can contain premium growth and
Fleet & commercial
Only 5.6% average first-mile cost reduction has been recorded at the new nationwide fitting center, far short of the 15% cut touted by suppliers. The data come from a quarterly audit of 12 hub locations and show that other fees offset any nominal gain. Financial Disclaimer: This article is
Fleet & commercial
The 2026 Texas statute cuts coverage mandates by 25%, and most fleets fail to update their policies, exposing them to gaps that can leave a truck uncovered. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment
Fleet & commercial
A recent pilot shows that the Seventeen Group acquisition can cut fleet insurance premiums by 12%. In practice the new pricing model lets a 50-vehicle fleet save over £1 million in five years by slashing average premiums and speeding service delivery. Financial Disclaimer: This article is for educational purposes only
Fleet & commercial
August recorded a 12% rise in fleet & commercial sales over July, eclipsing the industry forecast of a 3% decline and setting a new benchmark for vendor earnings. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making
Fleet & commercial
Three persistent myths - that diesel is cheaper than electricity, that static routing beats real-time optimisation, and that insurance premiums rise for electric vessels - together add up to roughly a 35% hidden cost for fleet & commercial operators (Vision Marine press release, 2026). In my time covering the Square
Fleet & commercial
AI turns bulky paper logs into instant, searchable data, letting fleet managers cut waste and focus on moving trucks, not paperwork. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment decisions. Fleet & Commercial Logbooks: A
Fleet & commercial
A zero-smartphone policy reinforced by telematics and insurance endorsements is the proven way to protect fleet and commercial drivers from distraction. Recent data show a 37% rise in distracted-truck incidents, and the cost per event can exceed $1.3 million, making immediate action essential. In the past three years, distracted-truck
Fleet & commercial
Seven steps can reduce a new fleet’s insurance premium by roughly 20 percent. Most first-time owners miss the checklist, leaving money on the table while brokers pocket the difference. The numbers tell a different story when you compare broker fees to actual risk exposure. Financial Disclaimer: This article is
Fleet & commercial
Fleet & Commercial Cut $30% Fuel Savings? Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment decisions. Hook SponsoredWexa.aiThe AI workspace that actually gets work doneTry free → The Global Trade Magazine investigation revealed that freight