January 2017 Vol. 72 No. 1

Business

Jack Bolton Launches Red Beard Fleet Management Services

After nearly 20 years in the construction equipment business, Jack Bolton has left Volvo Construction Equipment to start his own company.

Red Beard Fleet Management Services, based in Asheville, NC, will confidentially and impartially offer construction equipment users four distinct cost-reducing services: asset tracking through telematics, asset utilization analysis, fleet optimization consulting and procurement services.

“Knowing what equipment you’ve got where is step one,” Bolton said. “Looking at a list of equipment with hours and location is just a snapshot. Contractors need to know what’s happening with that machine over time: Is it being fully utilized or does it need to be sent to another job, or turned in off rent?”

Applying simple tools, common sense, and the required time and effort, Bolton will help ensure assets are being properly utilized.

“Nobody intends to waste money on machines that are too big for the application, or on a quantity of units that were ordered ‘just to be on the safe side;’ but we’re all so busy,” he added. “Often, nobody looks at this stuff until after the job’s done during the P&L audit. By then it’s too late.”

Red Beard will initially focus on general and pipeline contractors, earthmovers, materials producers, and the waste and scrap industries.

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