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Vehicle Fleet Management Is Subject of New ASTM Asset Management Standard


A new standard guide on fleet management will be of particular benefit to newer asset managers or entities that are just beginning to consider how to manage mobile assets. ASTM E2962, Guide for Fleet Management, has emerged from a need for education, training and certification programs addressing fleet assets.

Successfully managing a fleet of any kind of vehicle -— whether it be cars, trucks, boats, airplanes or others — requires that fleet managers possess a wide range of knowledge. This is particularly true when the public comes into daily contact with such vehicles, either on roadways or while obtaining service from a company employing the vehicles.

“ASTM E2962 seeks to provide a broad structure of practices and concepts that a fleet management program should consider,” says Robert Holcombe, an ASTM member, and director, personal property management policy, U.S. General Services Administration. Holcombe notes that many of the practices to be outlined in ASTM E2962 may eventually be addressed in more detail in subsequent standards. At the same time, ASTM E2962 will be detailed enough to provide the basis for fleet management training and certification programs.

“There are unique opportunities and challenges in managing fleet assets,” says Holcombe. “For example, managing a fleet of similar assets can reduce the breadth of repair parts and maintenance skills needed to keep the assets mobile, compared to managing a fleet of widely dissimilar assets. Likewise, many entities are faced with determining the most efficient level and type of mobile assets to achieve its business objectives.”

The draft standard is being developed by Subcommittee E53.08 on Management of Fleet Assets, part of ASTM International Committee E53 on Asset Management.

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Technical Contact: Robert Holcombe, U.S. General Services Administration, Washington, D.C., Phone: 202-501-3828; 
ASTM Staff Contact: Katerina Koperna, Phone: 610-832-9728; 
ASTM PR Contact: Barbara Schindler, Phone: 610-832-9603;

Release #9594

June 25, 2014

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