One way to lower the cost of providing services is to assess how equipment assets are managed. A good place to start is by regularly revising the total cost of vehicle operation (TCO), which ranges from the initial purchase cost to the fuel used. Douglas Weichman, director of fleet management in Palm Beach County, Fla., stresses that TCO fleet formulas should be revised now because many disparate vehicle factors are starting to intersect. Those factors include higher sticker prices, ...

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