WHY IT PAYS TO PROVIDE COMPANY VEHICLE AS AGAINST TRANSPORT REIMBURSEMENT – PART TWO

June 24, 2015 AdminLeave a comment

Some Corporate Managers feel an employee reimbursement program costs less than offering company-provided vehicles. However, we have strong reasons to think otherwise. In the first installment of this article (CLICK HERE FOR PART ONE), we looked at some of these reasons. In this article, we bring to the fore some more points. Costs Unfairly Shifted to Employees It is […]

WHY IT PAYS TO PROVIDE COMPANY VEHICLE AS AGAINST TRANSPORT REIMBURSEMENT

June 21, 2015 AdminLeave a comment

An ongoing question asked by corporate management is whether it makes better business sense to provide company vehicles for employees or reimburse them for the use of their personal vehicles. Invariably, this question gains increased scrutiny when there is senior management pressure to reduce costs. Since fleet is typically one of the top five spend categories, it is a ready […]

LOCALLY-ASSEMBLED VEHICLES TO GET SPEED LIMITERS

As part of efforts to reduce the rate of speed-related accidents in Nigeria, the National Automotive Development and Design Council has directed all vehicle manufacturing plants in the country to install the speed-limiting device in their vehicles.
A deadline for compliance on the installation of the device in all vehicles being imported into the country has also been given.
AUTO POLICY CAUSING HIGH MARITIME JOB LOSSES – EXPERT

In a letter to President Muhammadu Buhari, a member of the Presidential Taskforce on Customs Reform, Mr. Lucky Amiwero, has called on the Federal Government to review the policy, due to its negative impact on the economy.
He said, “The impact associated with the implementation of the auto policy is as follows: the diversion of cars carrying vessel to neighbouring West African ports as a result of high tariff on imported vehicles; and the reduction of the maritime workforce by 70 per cent, which affects mostly licensed customs agents, importers, dealers and Nigerians abroad.”
UNDERSTANDING THE HISSING & SQUEAKY SOUND FROM TRUCKS

Ever wondered why trucks and buses make funny squeaking and hissing sounds? Well, the squeaking is the air escaping after braking and the hissing sound is the automatic bypass safety valves at work, ensuring the air pressure remains at the correct level.
Since a main advantage of air-brakes systems is their ability to use air to operate, the compressor is constantly kicking on and kicking off to refill the reservoirs with pressurized air. When the compressor builds too much air, the valves open, producing that loud hiss which probably gets some of us wondering…What the heck is leaking..lol!
SAFETY TIPS! COPING WITH POTHOLES

Hitting potholes can throw your vehicle\'s front end out of alignment. If you feel your car \"pulling\" during driving, that\'s a clue that you could have a problem.

Check the tread on your tyres. Uneven tread wear can be a sign of misalignment. If you hit a severe pothole, have the vehicle\'s alignment and tyre balance checked.

When you hit a pothole you can damage your tyre and/or the metal wheel of your vehicle. Keeping your tyres properly inflated will help reduce damage from potholes and other road hazards.

The impact of potholes on tyres increases dramatically with speed and can cause hidden, internal damage that could lead to tyre failure weeks, or even months, later. It\'s best to avoid potholes entirely, but if that\'s not possible, don\'t brake during the pothole impact. Instead, apply brakes before hitting a pothole and release them just before impact. Braking during the impact sets up the tyre and wheel assembly for a \"solid hit\" against the edge of the hole. Less severe damage occurs when a tyre is rolling than when it is skidding over a hole during braking.

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Tag: Transport Reimbursement

WHY IT PAYS TO PROVIDE COMPANY VEHICLE AS AGAINST TRANSPORT REIMBURSEMENT – PART TWO

WHY IT PAYS TO PROVIDE COMPANY VEHICLE AS AGAINST TRANSPORT REIMBURSEMENT