Managing the Financial Side of Commercial Fleets

Maintenance

“What excites me the most about the fleet industry is there are so many opportunities for growth. There are so many vehicles out there that are still unmanaged from a fleet-management perspective,” said Brice Adamson of Enterprise Fleet Management. Photo: Enterprise Fleet Management

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Enterprise Fleet Management Discusses Strategic Goals

Senior VP Brice Adamson now leads Enterprise Fleet Management, which has a portfolio of more than 470,000 vehicles and a network of more than 50 fully staffed local offices in the U.S. and Canada.

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Preventive Maintenance Costs Remain Flat in 2017

Continued 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 required by more automotive OEMs.

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Higher Commodity Prices Put Upward Pressure on Tire Costs

For 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 manufacture tires and the trend to larger diameter, more expensive, tires.

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Maintenance Costs Remain Flat Despite Rising Labor Rates

Fleet maintenance costs have remained flat over the past 12 months, with the primary factor being increased overall vehicle quality. Other repair costs adjusted for inflation, were, on average, consistent with those in CY-2016.

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Can Fleets Subscribe to a Vehicle?

For fleets, technology is enabling a more efficient way to use vehicles, increase utilization, and more precisely match the type of vehicle to usage.

Photo courtesy of iStockphoto.com.

Articles

Cost of Flat Tire to a Fleet Detailed

Fleet Financials’ inaugural tire survey asked fleet managers how much flat tires deflated the bottom line. The answers provided an in-depth look at a perennial challenge.

Graph courtesy of Element.

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PM Transaction Costs Up But Longer Intervals Keep Costs Flat

The auto OEMs continue to adopt more stringent motor oil requirements, which increases the cost of each PM service. But, the intervals between services have continued to widen, mitigating some of the additional costs.

Charts courtesy of Element

Articles

Fleet Maintenance, Repair Costs Remain Flat

Fleet maintenance costs have remained flat over the past 12 months, compared to CY-2015, despite price increases in replacement parts and labor rates. The primary factor keeping prices flat is overall vehicle quality.

Graph courtesy of Modern Tire Dealer.

Articles

Stable Commodity Prices Keep Replacement Tire Costs Flat

Replacement tire prices for CY-2016 are flat because of less volatility in the global prices of commodities used to manufacture tires, namely oil, rubber, and steel. The forecast is for a continuation of price stability into CY-2017.

Graphic via iStockPhoto.com.

Articles

4 Ways To Reduce Accident Rates, Costs

Fleet policy, driver training and education, use of both in-vehicle and telematics technology, and a review of repair processes and costs can all lead to substantial reductions in accidents and related costs.

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Research and Best Practices

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Operating Costs

Useful Whitepapers

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Change Your Filter, Green Your Fleet
Choosing the right oil filter enables you to make a green statement and cut maintenance expenses.
Is Your Oil Filter Short Changing Your Engine's Protection?
Fleets have a choice when it comes to oil filter technology. Conventional filters are less expensive, but have several fundamental flaws, while reusable filters use better methods and materials to ensure that oil lubricates the engine effectively and efficiently and, potentially, reduce long-term cost.
The Process of Turning Maintenance Data Into Actionable Information
Maintenance providers can help fleets gather crucial maintenance data and integrate it into the entire data stream to create intelligence that will improve operations.
How to Prevent the #1 Diesel Fuel Contaminant from Harming Your Fleet's Engines
Believe it or not, water is the number 1 contaminant in diesel fuel, and causes problems for fleets like decreased efficiency, lower MPG and increased expenses. Read more to learn how to mitigate the effects of water contamination to keep your diesel fleet healthy.
Reduce Your Oil Change Costs By Up To 50%
Take a look at these seven steps for choosing the right oil and filter combination for your fleet.

FleetFAQ

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Terminology used in the United States and Canada to denote a financing type lease which is required to be "capitalized," i.e., the leased equipment must be recorded on the Lessee's balance sheet as assets with corresponding liabilities.

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