Dedicated Canadian support teams with local expertise help you implement solutions faster, resolve issues quickly, and keep your fleet running without disruption.
Headquartered in Toronto
TSX-listed (EFN) with a Canadian CEO, Board Chair, and governance
15,000+ maintenance vendors across the country
Nationwide coverage with dedicated local teams
Economic impact at home: Benefit from established Canadian vendor relationships and a nationwide support network built to keep fleets operating efficiently.
Bilingual service by design: Support drivers and operations across provinces with bilingual service teams familiar with regional requirements.
Local decision-making: Avoid cross-border delays and fragmented support with Canadian-based teams empowered to make decisions quickly.
Built for Canadian operating realities: Navigate Canadian weather, regulations, procurement requirements, and regional operating challenges with local expertise.
Canadian ownership and governance: Publicly traded in Canada, accountable to Canadian shareholders, regulators, and business standards.
Following an acquisition, a Canadian client was under pressure to reduce costs quickly. As part of a short-term savings initiative, 200 sales vehicles were removed from the fleet and drivers were transitioned to a reimbursement model. While intended to lower costs, the shift created uncertainty around long-term fleet efficiency and total cost of ownership.
Element partnered with the client to conduct a detailed lease-versus-reimbursement analysis using actual operating data. The analysis demonstrated that leasing was $0.21 per mile more cost-effective than reimbursement. Element also identified drivers who were not eligible for reimbursement programs, providing additional clarity to support decision-making and reinforce the financial case for leasing.
The analysis clearly validated leasing as the more cost-effective approach, delivering approximately $570K in annual total cost of ownership savings, equating to $1.7M over three years. The data-driven recommendation helped the client regain confidence in their fleet strategy while strengthening the long-term partnership.
Organizations across Canada are facing rising costs, vendor complexity, downtime, and limited fleet visibility. Element helps fleet partners improve performance and uncover new savings opportunities.