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Recap of Top Union Leasing Blog Posts in 2018

Fleet Management Posted by Union Leasing on December 11, 2018

Untitled design (65)This year is quickly coming to an end—and as we wrap it up and look ahead to 2019, having an understanding of what resonated the most with our readers gives us an idea of what interests them the most. For starters, there was a lot going on in 2018 when it came to future trends in transportation, which will eventually shape the fleet industry. From Artificial Intelligence (AI) to connected, electric, and autonomous vehicles—companies that are keen on keeping up with these trends as they progressively become a reality should ideally start thinking about ways to adopt them in the future so that they’re able to run more efficient and cost-effective fleets.

Here's a recap of each of our top-five blogs in 2018

Blog #1: The Future of Fleet Management (2018 Edition)

This blog focused on analyzing some of the upcoming trends for 2018 and beyond that will likely make a big impact on the fleet industry. For companies managing fleets of vehicles, technology and big data are two key factors in the changing landscape of the industry, and within this context is the idea of telematics. Through telematics, companies are able to tap into data to determine ways they can improve things like route efficiency so they can then use fewer vehicles, decrease fuel expenses, monitor driver behavior, and even use predictive analytics to identify if a vehicle is likely to have a mechanical problem. Not only is telematics important when it comes to connectivity, but so is IoT – which makes vehicles continuously “connected” to help fleet managers automate and optimize various processes and streamline operations. As a result, companies experience an increase in fuel efficiency and safer driving behaviors.

In addition, another big theme that we discussed throughout this blog post was the idea of autonomous vehicles, and how the fleet industry is set to become an early adopter because of the benefits they offer. For instance, reduced accident costs and increased employee productivity are two big advantages that autonomous vehicles will present. This is where leveraging a fleet management partner’s knowledge and expertise comes into play, to help companies channel the data into insights that will actually prove effective. You can read the entire blog post for more insight about what the future holds for fleet management.

Blog #2: Artificial Intelligence is a Game Changer for Fleet Management

Throughout this blog post, we get into a little bit of detail around how Artificial Intelligence (AI) will change the transportation and mobility industry – and eventually how it will affect fleet management. For starters, it’s estimated that by 2020, approximately 10 million self-driving cars will be on the road. In the future, AI will take control of the wheel, affecting not only the fleet management industry, but also other industries including insurance, transportation, and logistics. For instance, when we think about taxis and Uber vehicles, AI will likely transform the concept of the ‘shared vehicle’ into a driverless one.

What’s more, AI-driven management systems will help keep people safe on the road – and there are already some safety technology features being implemented by automakers, such as lane-deviation alerts. So, what does the future hold for the fleet industry when it comes to AI-driven management systems? Find out some of the insights we uncovered here.

Blog #3: It's Distracted Driving Awareness Month! Tips to Fight Distracted Driving Within Your Fleet

The National Safety Council (NSC) noted that, in 2017, the number of U.S. vehicle deaths topped 40,000, meaning traffic deaths remain a public health crisis. In light of this year's Distracted Driving Awareness Month, we highlighted some of the biggest dangers of distracted driving and outlined some tips around promoting safe driving for companies managing fleets of vehicles.

Data collected and analyzed over the past 10 years indicates that distracted driving is the root cause of 87% of motor vehicle crashes. This number is concerning despite some of the safety features manufacturers are now adding to vehicles, such as the lane departure warning system, pedestrian detection, cruise control, and more. So, it’s becoming even clearer that companies managing fleets are responsible for helping raise awareness about the dangers of distracted driving and reminding their drivers that these accidents are, in fact, preventable. For more about what you can do to help keep the issue of distracted driving top of mind for your drivers, check out the entire blog here.

Blog #4: Five Reasons It's Time to Outsource Your Fleet Management

This blog post consisted of an infographic highlighting why companies choose to outsource their fleet management, noting that they often do so due to five primary reasons. The first is having too many vendors, rather than focusing on just one partner that will help them more effectively streamline their operations. The second is that they don’t have the collaboration with a fleet expert who would otherwise provide them with the expertise needed when it comes to fleet management. The third reason is that, without a fleet management partner by their side, companies end up being reactive rather than proactive. The fourth indication is that they often stress too much over certain instances such as accidents, whereas having a fleet management partner by their side would help take the stress out of getting their driver back on the road. Finally, the fifth reason why companies are better off outsourcing their fleet management is because fleet companies better monitor every aspect of their fleet spend, including vehicle inventory, vehicle utilization, and driver behavior. For a better understanding of when companies can start to think about outsourcing their fleet management, be sure to check out the infographic here.

Blog #5: Connected, Electric, Autonomous - Highlights from CES 2018

Back in January, we attended CES 2018, which was all about the technology and future advancements in the automotive industry. Our post-event blog post looked at some of the key themes highlighted throughout CES 2018. For starters, the keynote session was pretty inspiring, where Ford described itself as a mobility company and had its CEO, Jim Hackett, focus on future mobility solutions as the world progresses towards “smart cities” (as he noted in his keynote speech). Hackett highlighted how cellular vehicle-to-everything technology will be adopted by the automotive industry in the next few years, where vehicles will be able to communicate with smart traffic signals, other surrounding vehicles, gas pumps, and even parking meters to make automatic wireless payments. For more insight from CES 2018, be sure to read the entire blog here.

Overall, it’s important to note that in order to successfully adopt certain technologies, having the right fleet partner by your side makes all the difference. Telematics, for instance, is one of the many elements where we really focus on providing top-notch service to our customers. For those customers who decide to use telematics, they are provided with timely data that allows them to tap into various aspects of their fleet, such as vehicle locations, fuel economy and efficiency, maintenance needs, diagnostics trouble codes and recalls, and more, which consequently enhances their efficiency and cost savings.