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 Ask
the Expert question: Can
you provide an example of how GE's Trailer Fleet Services is able
to help Private Fleets?
John Lima,
VP - Private Fleet market, answers: We just returned from
the annual National Private Truck Council meeting where we were
excited to share more about why the Wal-Mart
private fleet chose GE for its trailer tracking solution.
The installation of our VeriWise™ trailer tracking on the
Wal-Mart fleet is well underway, and when completed this year
will make the world's leading retailer GE's largest trailer tracking
customer. But this is just one example of the many solutions we
can provide for private fleets - from financing to remarketing
to maintenance.
Let me tell
you about three very different real-life examples. Right now for
instance we are working with a national retailer, a national building
supply distributor, and a national equipment rental company.
First, a national
retail company that operates a fleet of over 5,000 trailers
is in the process of opening a new distribution center and wants
to outsource the maintenance. They are trying to get their arms
around lowering their entire maintenance costs for an aging trailer
fleet. In addition to their maintenance issues, they are also
having a problem with trailer utilization. GE can help with these
challenges in several ways. By leveraging GE's nationwide maintenance
services this company will be able to monitor its nationwide maintenance
spend and lower those costs going forward. To help solve their
utilization problem, this retail company can utilize our VeriWise
Asset Intelligence solution to track their trailers, increase
their usage visibility and in turn maximize their fleet utilization.
Their utilization can also be helped through the use of remarketing
and leasing, creating the right asset mix to improve the overall
fleet productivity.
Our second
example is a national building supply distributor  that
uses 1,250 flatbeds in their fleet. This company has a problem
with runaway maintenance cost with no detail on specific spend
or repair trends. In this case the company can take advantage
of GE's nationwide maintenance management services that enables
data reporting to control and monitor spend. Long term leasing
for upcoming trailer acquisitions will also allow them to keep
their trailer fleet updated with newer, cost efficient trailers.
Third, a national
equipment rental company with approximately 330 flatbed trailers
recently turned to GE to help them with preventative maintenance
and financing solutions. Our ability to remarket their older assets,
structure a sale-leaseback to monetize their remaining assets
to generate cash to be used in other growth areas of their business,
and provide preventative maintenance on the remaining assets will
reduce their overall maintenance costs.
These are
just few examples of how GE is able to offer multiple solutions
for your trailer fleet challenges. We understand that managing
a fleet effectively requires the right equipment, the right services
and the right technology.
To
submit a question to be answered by a GE expert in a future On
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