Understanding Economic Service Life for Better Fleet Cost Forecasting
A lifecycle cost analysis that incorporates a work vehicle’s productivity can lead to greater fleet utilization and decreased fleet spend.
A lifecycle cost analysis that incorporates a work vehicle’s productivity can lead to greater fleet utilization and decreased fleet spend.
More than 50,000 crashes happen in parking lots and parking garages annually, resulting in 500 or more fatalities and more than 60,000 injuries.
More complex vehicle technology, higher labor rates due to the ongoing skilled labor shortage, higher tire prices, and increased use of synthetic motor oils are putting upward pressure on overall fleet maintenance costs.
Replacement tire prices are driven by raw material costs, which in CY-2019 were less volatile, but higher nonetheless. Tire prices increased slightly higher than the rate of inflation, which was partially offset by improvements in tread wear longevity.
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 synthetic oils, which cost more than mineral-based oils.
Warranty recovery is more stringent requiring even greater documentation to support warranty claims. OEM loyalty and the availability of documented maintenance histories heavily influences post-warranty goodwill assistance.
The ability to give customers real-time visibility into the status of their freight has become table stakes for landing business with larger shippers.
Find out why an electric truck or van may be on your comparative shopping list in the near future.
The fourth annual Fleet Visionary Awards were hosted at the 2019 Automotive Fleet & Leasing Association (AFLA) Conference alongside other prestigious fleet awards.
We asked sponsors for the 2019 Fleet Forward Conference four questions regarding their mobility strategies as they relate to commercial, corporate, and government fleets.
To fully capitalize on the benefits of modern digital asset management, rail operations need to modernize their core IT platforms.
Maintenance departments may have some more options for training with the latest augmented and virtual reality tools and the new technology could be used to attract the next generation of technicians.
The automotive industry is amid an electric revolution. While electric vehicles comprise a small percent of the current vehicle market, they’re poised to become the future of transportation.
With a background in banking and finance, Fine is motivated by change, helping others, and creating more sustainable fleet operations.
In this analysis of recent mobility news, we analyze the market for commercial EV leases, whether subscriptions can work for commercial fleets, and whether we’re ready for completely driverless autonomous vehicle testing. By the way, what is eFaas?
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