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Operating Costs

Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.

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Austin on Pace to Have 330 EVs by 2020

The City of Austin, Texas, expects that having 330 electrified vehicles will result in operational savings of $3.5 million over 10 years. Here's how.

Cut Hidden Costs: Four Ways to Improve Your Fleet’s Bottom Line

Fleet managers often focus on controlling the biggest fixed operating costs for the acquisition of trucks and fuel. However, it’s the hidden costs that keep fleet managers from achieving their organization’s goals for efficiency and profitability. Renewable diesel is one option to help cut costs.

Which EVs Have the Lowest Total Cost of Ownership for Fleets?

Included in this groundbreaking total cost of ownership study for fleets are battery-electric models including BMW i3, Chevrolet Bolt, Nissan Leaf, and Tesla 3, as well as plug-in hybrid electric models such as Chevrolet Volt and Hyundai Ioniq Plug-In Hybrid.

Extended Cycling Increases Truck Fleet TCO

A truck’s total cost of ownership (TCO) covers a specific range of expense variables, regardless of the make or model. The four lifecycle categories that influence TCO are fixed costs, operating expenses, incidental costs, and depreciation/resale value. A key factor that drives these lifecycle categories is a vehicle’s service life. 

Maximizing Utilization Maximizes Truck Revenue

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 cost-effectively. The fastest way to improve your bottom line is to increase fleet utilization, which increases the productivity of each individual truck.