The process by which commercial fleets are handled is called commercial fleet management.
Commercial fleet management has several components:
- Driver and asset safety. The safety of the drivers and vehicles, among other assets, is the top priority of commercial fleet management. The safety procedures are enforced through training, policies, and incentive programs.
- Operational efficiency and cost-effectiveness. Fleet operations need to be streamlined to maximize revenue-generating capacity and minimize needless expenses.
- Regulatory compliance. Companies with commercial fleets that don’t comply with government regulations are penalized with steep fines or even shut down.
- Workforce management. Recruitment, driver work experience, employee churn, and other fleet workforce-related aspects are all covered under the commercial fleet management umbrella.