Business Insights FLEET MANAGEMENT RoadFlex By Rush Akin Chief Revenue Officer, Veteran Fleet Expert RoadFlex.com RoadFlex’s trademarked, AI-powered Proactive Fuel Risk Management Platform makes fuel and fleet management significantly more efficient for pest control businesses. Customers save an average of 11 percent in fuel spent annually with RoadFlex. RoadFlex comprehensive platform for fuel and fleet purchases also eliminates the risk of fuel fraud and theft. It combines real-time vehicle telematics data with transaction data to grant fleet managers complete visibility into every purchase and customizable spending controls for different employees and job needs. It authorizes purchases by verifying that the card is used by the correct employee and for the correct vehicle. It also blocks suspicious transactions and flags them for review. All of this happens in real time. PREDICTIONS: 1 Businesses will continue using AI to automate reporting, analytics and financial savings for their fleet operations. Fuel risk management platforms Select Insurance By Frank MacDonald President SelectAgency.com Insuring commercial fleets has proven to be a significant challenge over the past year, and it likely will stay that way for a while. Insurers have been plagued with inflationary repair costs, and lawsuit settlements have grown commensurably. Over the past few years, many lawsuits have pierced through the auto liability limit and into umbrella limits. In some suits, the umbrella limits were hit as well. This has caused reinsurance to skyrocket; in some cases, reinsurers have walked away from the auto line altogether. These factors have chased away many of the fleet carriers in the market — and the ones that remain typically are very selective and can be very costly. In some fleets, carriers have required us to remove the physical damage coverage before they can quote the coverage. In others, we’ve been forced to utilize liability deductibles of between $10,000 and $25,000 or more just to obtain a quote. Even with these actions, getting renewal terms is not guaranteed. Still, rest assured that our industry-focused team is working hard to get our clients the best coverage possible at competitive rates. PREDICTIONS: Despite the difficulty in finding good people, it is paramount that you hire drivers with good motor vehicle records (MVRs) and at least a few years of driving experience. These MVRs need to be checked at least twice a year. It is entirely possible that the carrier may exclude a driver (or drivers) from coverage based on MVRs or accident frequency. Because of the state of the fleet market, it is more imperative now than ever that you take additional proactive measures. Install cameras and telematics in your entire fleet. Consider hiring a fleet manager to manage MVRs and review weekly driving behavior scorecards. Discipline problem drivers. Coach repeat offenders. If their behavior does not improve, they should be terminated. will become more commonly used to automatically analyze historical fueling data and enable businesses to prevent unauthorized purchases while looking for cheaper locations. 2 Electrification will progress over time. Most businesses will manage fleets of vehicles with both gasoline/diesel and electric vehicle (EV) charging needs. Therefore, fuel management solutions that allow transactions at fuel and EV charging stations will be required. 3 Business leaders will continue integrating data sources from their fleet and fuel management tools. For example, when your team’s fuel card transactions flow into your business management tool, you can easily manage operation costs. 58 | Pest Management Professional April 2025 MyPMP.net
Pest Management Professional April 2025: Page 58
