Tag Archives: Truck Warranty

Commerical Warranty, Risk Management, Transportation, Truck Warranty , , , , , 1 Comment

Berkshire Fleet Services to Offer CompassOne™

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New Industry Leader Emerges in Warranty Market

Berkshire Fleet Services to Offer CompassOne™

January 7, 2015, Charlotte, NC – With the start of the New Year, a new warranty provider has emerged with impressive and unprecedented offerings.  Powered by transportation industry powerhouse Berkshire Fleet Services, the new CompassOne™ suite of warranty products is uniquely positioned to offer the most comprehensive warranty coverage in the commercial trucking sector.

With a best pricing guarantee, CompassOne™ offers turbo and emissions packages, Class 3-8, vocational, bus, fire apparatus, bucket truck, fleet, and rebuild/refurbish/glider programs.

“We don’t just provide warranties – we protect profits and livelihoods and that’s something we take very seriously,” said Berkshire CEO, Kirk Eskridge. “From our vast experience in the field, we’ve created CompassOne™ to address the needs and concerns unique to commercial truck owners. After years in the industry it was time for us to offer a warranty product that answered the real needs of Independent Owner Operators, Fleets and Vocational Industries.”

CompassOne™ is re-insured internationally by Carrbridge Fidelity and also offers financing/flex-pay options through Berkshire Capital Group for their warranty programs.

To learn more about CompassOne and Berkshire Fleet Services, call 1-800-903-7489 or go to http://www.BerkshireFleet.com.

 

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Changing Economic Landscapes Provides Opening for Berkshire Fleet Services

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Out of all the companies that spring up during changing economic times, Berkshire Fleet Services intrigues us the most.  When asked, Kirk Eskridge, CEO of Berkshire Fleet Services, has a clear vision of where the market is heading and how he intends to help the transportation industry as well as the companies that work with the industry get there.  Berkshire is strategically aligning itself, in their view, with the best companies in each particular market segment.  With a large staff of professional consultants, each with years in the transportation industry, Berkshire is able to take products, programs and services straight to the top of an organization and build a strategic plan of implementation with the decision makers.  With Berkshire’s flagship client, Premium 2000+ Truck Warranty Programs, based out of Winston Salem, North Carolina, Berkshire is taking a well established company into fleet, OEM and vocational markets that have never been attempted before.  “Offering a service to extend ownership and give peace of mind to fleet owners for one cent or less per mile is not only helpful to a transportation company but absolutely imperative in this economic environment.” says Kirk Eskridge.  As we take a look at what he says, his words make sense when you study the steady decline in indicators such as new truck manufacturing numbers and the decline of orders.  Berkshire is also looking at technology companies to assist in identifying the best in the business. According to Eskridge, “There are so many companies popping up to try and flood the market that it is nearly impossible to determine which is a right fit as well as being an original creator of software and technology components.”  He is right again, the more we look into this market segment, the more we find internet-only companies reselling and we are finding most of the industry buys from the same place.  There are very few unique players out there and it looks as if Berkshire is going to put their stamp on who is the best.  Berkshire is allowing transportation companies to have a One-Stop-Shop to identify which ones they determine are the best in each specific market segment. This is a very interesting concept and one we will be watching closely as they move forward.  Eskridge makes very clear, “We are not looking to promote Berkshire, we are looking to build the brands of our strategic partners that we represent because we believe that they have been vetted as the best in the industry. Our brand will build by the company that we keep and we want the industry to know when they come to Berkshire Fleet Services to look for programs, products and services that we only represent the very best.”  With their sales outsourcing strategy, Berkshire may be helping two-fold by allowing those service and product providers to focus more on their business and allow Berkshire to handle the sales and marketing side reducing and controlling operating costs.  It is always interesting to see new business models emerge and we believe this one is on to something.