Market Trends

Decrease Incidents of Unscheduled Truck Maintenance Caused by Overloading

When a truck is overloaded, its operating performance will be strained, accelerating wear-and-tear on brakes and other wear components, such as tire, which have higher failure rates because they run hotter due to the increased load. Another issue is axle overloading, which causes premature wear-and-tear on tires and suspension components. READ MORE

Real-World Advice on How to Excel on a Fleet Sourcing Team

To be successful on a sourcing team, you need to be open-minded about exploring all available service channels and partners. However, open-minded doesn’t mean being open-headed. You must listen and entertain new ideas, but also temper such a practice and attitude with pragmatism and knowledge. READ MORE

Tech Advances Will Put Downward Pressure on Overall Fleet Size

In the long run, technology will exert inexorable downward pressure on overall fleet size and will eliminate altogether the need for some fleet vehicles. Despite this, fleet management will survive, albeit in a smaller capacity, and, most likely, in a completely different form than what we know today. READ MORE

Avoid Repeating Past Inefficiencies: Build the Truck to Match Today’s Application

I asked one fleet manager how he spec’ed replacement trucks for his fleet application. He related that many years earlier an OEM rep spec’ed out his trucks and he has been using the same formula ever since. While this may work in some cases, specifications should be defined by today’s fleet application to ensure the replacement truck is designed to accommodate current operational requirements rather than trying to make your operation conform to trucks spec’ed for yesteryear’s requirements. READ MORE

Conduct an Efficiency Audit to Eliminate Waste in Your Fleet Budget

Reducing fleet costs is a constant, never-ending struggle for all fleet managers, especially since every aspect of fleet management revolves around money. In lieu of requesting additional budget dollars, one course of action is to stop the waste of existing dollars.It is estimated that, on average, 5-10% of a fleet’s annual budgeted dollars are wasted. READ MORE

Antich

Blog: Model-Year Versus Calendar-Year Terminology

One challenge to global fleet management is adjusting to different fleet terminology for different regions. One example is the difference between the use of “model-year” and “calendar-year” in describing the year of a fleet vehicle. READ MORE

Payload Requirements Are the Foundation to Properly Spec’ing a Truck

Properly identifying payload parameters is the foremost consideration to properly spec’ing a truck. To illustrate this fact, the weight of the payload will determine the engine, transmission, size of tire, frame, and just about everything else. READ MORE

Big Data and Advanced Analytics will Further Intertwine Procurement and Fleet

Looking ahead, how will procurement and fleet evolve in the future? My prediction is there will be market forces (both internal and external), along with technological enhancements, that will facilitate a much closer collaboration between the two disciplines using a combination of in-house and outsourced expertise. READ MORE

Five Technology Trends that will Disrupt Global Fleet Management

In many ways, innovations in consumer technology are outpacing innovations in corporate technology. With this in mind, it is important to watch how technology is evolving outside of fleet and how it can be incorporated into day-to-day fleet management. READ MORE

Top 10 Traits to Be a Great Global Fleet Manager

A great global fleet manager is a strategic thinker and visionary who has the ability to develop and communicate this vision. There isn’t a single trait that epitomizes a great global fleet manager; rather, it is a multitude of traits interacting with one another. READ MORE

Fleet to be Impacted by Broader Procurement Trends

Just as with fleet management, there are many disruptive changes anticipated in the broader discipline of corporate procurement, much of it technologically driven. Many of these changes will directly impact fleet sourcing decisions. READ MORE

Employees Using Company Vehicles to Moonlight as Uber Drivers

A growing number of employees have been caught using their company vehicles as a tool to generate supplemental personal income for themselves.The fastest-growing trend in unauthorized usage of company vehicles is working as an Uber or Lyft driver. But using company vehicles to moonlight goes far beyond Uber and Lyft. READ MORE

Drivers Aren’t Users, They’re Customers

Some fleet managers have an adversarial relationship with drivers. These internal customers aren’t your nemesis. In order to develop a service mindset, you need to view work from the customers’ perspectives. Define your functions with the customer in mind. The fleet manager is responsible for creating a fleet culture that values all internal customers, even difficult ones. READ MORE

It is Critical to Get Out of Your Office to Assess Vehicle Usage Issues

Many view fleet management as being a desk job, but it is more than that. When trouble-shooting fleet problems, such as increased costs for a particular user group, it is important to identify the root cause, which often requires on-site visual inspection of fleet assets and how they are being utilized. READ MORE

Why the Fleet Manager Should be the Gatekeeper to Procurement

The strategic procurement process typically involves a multifunctional sourcing team. This cross-functional team often designates a “gatekeeper” responsible for controlling the flow of information to the group. When selecting a fleet supplier, I strongly believe the fleet manager needs to be the gatekeeper. Here are the arguments supporting this assertion. READ MORE

Cost Control is Constrained Without Driver Buy-in

The fundamental requirements of your business necessitates minimum fleet equipment specifications that, as a result, pre-define the expense parameters from both a fixed and operating cost perspective. If you acquire vehicle assets that best fulfill your fleet application, then any supplemental cost reduction will only be based on incremental refinements The best way to achieve additional cost reduction is by modifying driver behavior. READ MORE

How Fleets Inadvertently Violate Privacy Laws

There are more than 3,000 federal and state laws and regulations prohibiting unauthorized dissemination or access to employee personally identifiable information (PII). However, employee privacy is sometimes inadvertently compromised by fleets. The reason this occurs is because the PII that was electronically captured by the out-of-service fleet vehicle is not deleted. READ MORE

How to Become a Best-in-Class Multinational Fleet

Change is percolating in the management of multinational fleets, which is being driven by global market dynamics, evolving procurement trends, and technology platform upgrades that are facilitating cross-border management of individual country fleets. Developing the subject-matter expertise of managing a fleet from a global perspective is going to become a core competency for fleet managers at multinational corporations. READ MORE

Tires are a Depreciating Asset: 10 Ways to Slow the Rate of Depreciation

As 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 are a fleet’s second-largest operating expense, exceeded only by fuel. By maximizing tire tread life, you lower per-mile costs, resulting in fewer premature removals and optimizing the condition of tire casings, allowing for multiple retreads. READ MORE

Insurance and Energy Industries are Embracing the Use of Drones

When I first read articles about the use of drones in fleet operations, I used to roll my eyes. But, no longer. After talking with many fleet managers, I now believe that drones in commercial applications will have a major impact in a variety of industries. At most companies, drone operations will fall outside the domain of fleet, at least initially. As FAA restrictions are eased, drones will proliferate into mainstream business practices, with the insurance and energy industries in the vanguard READ MORE

Autonomous Vehicles will Create a Radical Paradigm Shift in Vehicle Design

My prediction is that autonomous vehicles will create a paradigm shift in vehicle design, whereby interior design will become the primary brand differentiator in the future. What will drive this paradigm shift is that future autonomous vehicle design will focus primarily on the passenger and not the driver. This will create a tectonic shift in vehicle design with ramifications that will take decades to fully play out. READ MORE

Fleet Strategies to Improve OTD for Upfit Units

With the increasing demand and growth of the commercial truck and van segments – particularly among utilities and service industries – the percentage of upfitted vehicles is growing. Upfitters are feeling the pressure of increased demand. In recent years, the huge influxes of vehicles needing upfitting have left some upfitters, at times, overwhelmed. READ MORE

Six Technology Trends that will Change the Trajectory of Fleet Management

The best way to answer the question of what is the future of fleet is to look outside the fleet industry.Here are six technology trends happening outside of fleet that will have a major impact on the future direction of our industry. READ MORE

The Invisible Cost of Low Driver Morale

There is a direct correlation between high driver morale and high driver productivity. The converse is also true. The hidden cost of low driver morale has a direct bearing on a company’s bottom line. While low morale is an HR/management issue, and even though fleet managers do not control driver salaries, there are actions that fleets can take to help increase driver morale. READ MORE

Expansion of Auto Manufacturing in Mexico Will Create Rail Constraints Impacting Fleet OTD

One of the perennial reasons given for order-to-delivery (OTD) delays is rail constraints. This has been an ongoing issue in the U.S., but, now, with the dramatic expansion of automotive production south of the border, rail constraints in Mexico will begin to play a greater role in fleet OTD discussions. READ MORE

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Author Bio

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Mike Antich

Editor and Associate Publisher

Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.

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