Within three years, Hegelmann Group plans to invest about $12 million into establishing the Hegelmann USA subsidiary, a transportation and logistics company based in Chicago.
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.