Categories: Green Fleet

Following a net loss of $103.8 million in fiscal year 2023, Lion Electric Company is reporting it plans to cut workforce and reduce costs in several...

https://www.worktruckonline.com/10220113/lion-electric-reducing-workforce-cutting-costs

Categories: Global Fleet, Legal/Legislative, Maintenance, Operations, Safety, Technology

Determining when exactly to cycle your vehicles is a fine balance among many factors, from acquisition, through operation, and resale or asset disposal....

https://www.worktruckonline.com/345018/9-questions-to-ask-when-determining-your-trucks-lifecycle

Categories: Fuel, Global Fleet, Remarketing, Technology

Do you know how to keep an eye on creeping expenses? Here are eight tips to help reduce a variety of fleet-related costs.

https://www.worktruckonline.com/341069/eliminating-soft-hidden-costs

A great fleet manager constantly conceptualizes new initiatives, is creative in problem-solving, motivates staff and suppliers to excel, and is willing to...

https://www.worktruckonline.com/338879/fleet-complacency-is-the-prelude-to-fleet-stagnation

Running a well-managed fleet is a complex task that requires supervision by someone with deep subject-matter expertise. As a result, a fleet manager’s...

https://www.worktruckonline.com/330238/how-to-avoid-stagnating-as-a-fleet-manager

Categories: Equipment, Operations

Total cost of ownership for vocational truck fleets is trending upward, primarily due to higher fuel prices, increased maintenance costs due to higher labor...

https://www.worktruckonline.com/327126/10-trends-vocational-work-trucks-cost-of-ownership

A fleet cost reduction program goes straight to the corporate bottom line. If a company operates at a 10% annual net profit margin, reducing annual fleet...

https://www.worktruckonline.com/287689/using-performance-based-incentives-to-optimize-the-cost-effectiveness-of-fleet-o

Categories: Operations, Vehicle Research

One of the easiest ways a fleet manager can reduce truck acquisition costs is not over-spec’ing for fleet needs. But, there are a few out-of-the-box ways of...

https://www.worktruckonline.com/157654/tips-for-reducing-truck-acquisition-costs

Categories: Operations, Procurement

The City of Muscatine, Iowa, repurposed two old trucks to build a new dump truck. The completed vehicle was inspected by the Iowa Department Transportation...

https://www.worktruckonline.com/141187/iowa-city-repurposes-old-trucks

Senior management exerts intense pressure on fleet managers to control and/or reduce vehicle acquisition and operating expenses. To accomplish this, a fleet...

https://www.worktruckonline.com/159964/institutionalizing-cost-control-strategies