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2010: Impact of recession on Fleet Management Industry

Wednesday 28 October 2009

According to Reuters, their findings can be read in their new report, “UK Vehicle Rental, Leasing and Fleet Management Industry Outlook to 2010: Supplier Marketing and Sales Strategies and the Impact of Recession and Recovery.”

In their study, Research and Markets have highlighted a number of important key findings. For example, some of the major players in the industry try to come up with new products that will help their clients saving costs, and guarantee them new business. Besides that, companies are also using marketing as a tool to demonstrate their confidence in the future.

Even though marketing activity can be a great method to increase exposure for a company, and thereby increase business, this is by no means the solution for the troubles that the transport sector has been facing, and actually still is. A better and more sustainable way to battle the recession is using a fleet as efficiently as possible. This will save both time, and money.

At this moment, many companies do work with a planning, but these are not as dynamic as they could be, and therefore, not nearly as cost- and time efficient as possible. However, in order to create a dynamic fleet, it is necessary to have 24/7 insight into the fleet. Ctrack Solo Multi can create this 24/7 insight. Ctrack Solo Multi is a great application that is specifically designed to operate anywhere, both in GSM and non-GSM coverage areas. With Ctrack Solo Multi it is possible to manage both fleet and vehicle real-time. It can be made to suit any particular fleet or vehicle and is suitable for portable application. Ctrack Solo Multi has another great advantage: it offers real-time tracking, which helps recovering stolen vehicles.

 

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28 October 2009 | 2010: Impact of recession on Fleet Management Industry

The recession has had an enormous impact on the transport sector, and therefore also on the Fleet Management Industry. Research and Markets have explored the extent of the impact, and also the recovery of the market.