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The COVID-19 pandemic divided the fleet market into essential and non-essential businesses, causing hundreds of thousands of company vehicles to sit idle...
https://www.automotive-fleet.com/10128968/pandemics-disruption-keeps-2020-fleet-operating-costs-flat
Although the largest operating cost continues to be fuel, the No. 1 challenge facing medium-duty truck fleets is cost containment. There is always pressure...
https://www.truckinginfo.com/156443/class-3-6-truck-forecast-operating-costs-stable
Despite high build quality, vehicle maintenance costs are trending up due to increased advanced technology content, skilled labor shortages, higher tire...
https://www.worktruckonline.com/318193/fleet-maintenance-costs-increase-as-labor-rates-rise
If you want to provide added value to your company, you need to view fleet as a business and not simply an aggregation of assets to be managed...
https://www.automotive-fleet.com/305772/maximizing-utilization-maximizes-truck-revenue
Higher acquisition prices and longer service lives are contributing to a higher total cost of ownership. An under-utilized way to manage fleet costs is to...
https://www.automotive-fleet.com/157790/warranty-recovery-costs-remain-flat-for-2017The fundamental requirements of your business necessitates minimum fleet equipment specifications that, as a result, pre-define the expense parameters from...
https://www.automotive-fleet.com/159844/cost-control-is-constrained-without-driver-buy-inThe fundamental requirements of your business necessitates minimum fleet equipment specifications that, as a result, pre-define the expense parameters from...
https://www.worktruckonline.com/159844/cost-control-is-constrained-without-driver-buy-in
Replacement tires are the second highest operating cost for fleets after fuel. During CY-2015, replacement tire prices have remained stable compared to the...
https://www.automotive-fleet.com/156397/stable-commodity-prices-keep-replacement-tire-costs-flatContinued stability in crude oil prices, along with longer oil drain intervals, are helping to offset the higher cost of synthetic motor oils that are now...
https://www.automotive-fleet.com/157777/preventive-maintenance-costs-remain-flat-in-2017
A good synopsis of today’s commercial fleet market is exemplified by a fleet manager who said: “Everything costs more and it takes longer to get.” Sourcing...
https://www.worktruckonline.com/10206931/top-15-fleet-trends-impacting-commercial-fleets
Replacement tire prices are driven by raw material costs, which in CY-2019 were less volatile, but higher nonetheless. Tire prices increased slightly higher...
https://www.automotive-fleet.com/342836/replacement-tire-prices-moderate-to-rate-of-inflation
Citing the higher cost of crude oil, many major manufacturers of finished lubricant products increased prices from 5% to 8% in CY-2018. Plus, each...
https://www.automotive-fleet.com/320394/price-increases-for-finished-lubricants-nudge-up-pm-costsRecently, I conducted a survey of several hundred fleet managers to identify emerging industry trends. One recurrent theme expressed by fleet managers was...
https://www.worktruckonline.com/279813/upward-pressure-on-fleet-costs-threatens-to-increase-tco
Extending truck replacement cycling parameters beyond stated fleet policy is typically a short-term tactic used by senior management to solve a budgetary...
https://www.automotive-fleet.com/157476/overt-hidden-costs-of-extending-truck-replacement
Higher commodity prices are putting upward pressure on fleet prices for replacement tires. National accounts are no longer as willing to absorb the majority...
https://www.worktruckonline.com/318186/tire-prices-increase-due-to-higher-commodity-costsSenior 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-strategiesFor the past four years, tire costs have been stable. But new cost pressures have emerged in 2017, primarily with higher prices for commodities used to...
https://www.automotive-fleet.com/157776/higher-commodity-prices-put-upward-pressure-on-tire-costs
The stability of fuel pricing over the past 36 months, along with ongoing improvements in vehicle fuel economy, have been the key factors keeping fleet...
https://www.worktruckonline.com/159973/fleet-operating-costs-remain-stable-for-fourth-consecutive-year
Extending truck replacement cycling parameters beyond stated fleet policy is typically a short-term tactic used by senior management to solve a budgetary...
https://www.government-fleet.com/157476/overt-hidden-costs-of-extending-truck-replacement
The largest fleet operating expense is fuel, which traditionally represents approximately 60% of all operating costs. However, the decreased miles driven by...
https://www.automotive-fleet.com/10129460/low-demand-flattens-fuel-prices-in-2020Senior management exerts intense pressure on fleet managers to control and/or reduce vehicle acquisition and operating expenses. To accomplish this, a fleet...
https://www.automotive-fleet.com/159964/institutionalizing-cost-control-strategies
Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety...
https://www.truckinginfo.com/346484/upward-pricing-pressures-on-most-fixed-and-operating-costs
Warranty recovery costs are under greater scrutiny by vehicle manufacturers than they have been in the past, requiring accurate and complete maintenance...
https://www.automotive-fleet.com/318207/more-stringent-oem-enforcement-limits-warranty-recovery-dollars
Higher fuel prices and maintenance costs, along with upward pressure on maintenance labor rates are a few of the factors increasing fleet operating costs.
https://www.automotive-fleet.com/347656/fleets-concerned-about-rising-operating-costs
The ongoing trend of increased costs per service will continue as more and more vehicles requiring conventional oil are taken out of service and replaced...
https://www.automotive-fleet.com/348120/forecasting-2020-motor-oil-prices
Which five trends are affecting the increase in fleet expenses? Tune in to this episode of State of the Fleet Industry as Mike Antich examines several factors.
https://www.automotive-fleet.com/10166703/five-factors-driving-higher-fleet-maintenance-costs
Fleet operating costs increased in 2018, primarily due to higher fuel prices and maintenance costs. Upward pressure on maintenance labor rates and higher...
https://www.automotive-fleet.com/318175/operating-costs-increase-after-remaining-flat-for-five-years
To get the pulse of the vocational truck and van market, I reached out to a wide cross-section of fleet managers around the country to find out what’s on...
https://www.worktruckonline.com/318820/biggest-challenges-facing-vocational-fleet-managers
A cost-deferral strategy simply defers or moves expenditures to future fiscal years. Cost-saving measures seek to lower current spending levels....
https://www.automotive-fleet.com/10203287/analysis-of-three-cost-containment-strategiesFleet costs are experiencing upward pressure in a variety of areas, ranging from higher vehicle acquisition due to the proliferation of safety systems to...
https://www.automotive-fleet.com/288139/higher-prices-reinvigorate-cost-containment-initiatives
The stability of fuel pricing has been the No. 1 factor contributing to keeping operating costs flat in calendar-year 2017. Since fuel makes up the largest...
https://www.automotive-fleet.com/157775/stable-fuel-spend-keeps-lid-on-overall-operating-costs
If you want to provide added value to your company, you need to view fleet as a business and not simply an aggregation of assets to be managed...
https://www.worktruckonline.com/305772/maximizing-utilization-maximizes-truck-revenue
The stability of fuel pricing over the past 36 months, along with ongoing improvements in vehicle fuel economy, have been the key factors keeping fleet...
https://www.automotive-fleet.com/159973/fleet-operating-costs-remain-stable-for-fourth-consecutive-year
Although the largest operating cost continues to be fuel, the No. 1 challenge facing medium-duty truck fleets is cost containment. There is always pressure...
https://www.worktruckonline.com/156443/class-3-6-truck-forecast-operating-costs-stable
Since fuel is a fleet’s largest operating expense, it catches the attention of senior management when fuel prices start to rise as they are today. Here are...
https://www.automotive-fleet.com/10141527/10-ways-to-reduce-fuel-spend
Higher commodity prices are putting upward pressure on fleet prices for replacement tires. National accounts are no longer as willing to absorb the majority...
https://www.automotive-fleet.com/318186/tire-prices-increase-due-to-higher-commodity-costs
A cost-deferral strategy simply defers or moves expenditures to future fiscal years. Cost-saving measures seek to lower current spending levels....
https://www.worktruckonline.com/10203287/analysis-of-three-cost-containment-strategies
Most of the subject matter experts that we spoke to expect an increase in tire prices, although predicting future tire costs is difficult due to variables...
https://www.truckinginfo.com/347832/forecasting-tire-price-trends-in-2020
While there never seems to be enough money to go around, one of the less talked about aspects of fleet management is the amount of budget dollars that are...
https://www.automotive-fleet.com/323886/estimated-5-10-of-fleet-dollars-are-wasted-annually
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.truckinginfo.com/327126/10-trends-vocational-work-trucks-cost-of-ownership
Preparing a fleet budget requires only three easy steps: develop your cost assumptions, determine line-item expenses, and correct the variances between...
https://www.automotive-fleet.com/156329/developing-and-controlling-a-fleet-budget
More OEMs are adopting more stringent motor oil requirements for new models increasing total PM costs, year-over-year, as more vehicles are required to use...
https://www.automotive-fleet.com/342852/fleet-oil-drain-and-pm-costs-increase-again-in-2019Calendar-year 2015 marks the third consecutive year that fleet operating costs have remained stable compared to the past three years, primarily due to the...
https://www.automotive-fleet.com/159555/operating-costs-flat-for-third-consecutive-year
Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety...
https://www.automotive-fleet.com/346484/upward-pricing-pressures-on-most-fixed-and-operating-costs
Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety...
https://www.government-fleet.com/346484/upward-pricing-pressures-on-most-fixed-and-operating-costsAs a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category...
https://www.worktruckonline.com/159813/tires-are-a-depreciating-asset-10-ways-to-slow-the-rate-of-depreciation
The forecast of the cost of maintenance and unscheduled repair is anticipated to go up in CY-2021.
https://www.automotive-fleet.com/10129394/forecast-of-fleet-maintenance-trendsThe more expensive the asset, the longer it is kept in service; however, the need for short-term cost savings prompts some fleets to even further extend...
https://www.automotive-fleet.com/159744/long-term-impact-of-longer-truck-replacement-cycles
Fleet cost-reduction programs typically focus on the asset; however, there’s a limit to how much a fleet manager can modify truck specs without impacting...
https://www.automotive-fleet.com/157408/cost-reduction-strategies-that-go-beyond-the-assetAs a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category...
https://www.automotive-fleet.com/159813/tires-are-a-depreciating-asset-10-ways-to-slow-the-rate-of-depreciation