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Low Demand Flattens Fuel Prices in 2020

Low Demand Flattens Fuel Prices in 2020

The largest fleet operating expense is fuel, which traditionally represents approximately 60% of all operating costs. However, the decreased miles driven by fleets during the pandemic was the No. 1 factor contributing to keeping fuel costs flat in 2020.

Article

Tire Costs Flat but Expect Higher Prices in 2021

Tire Costs Flat but Expect Higher Prices in 2021

Reduced tire demand and a decrease in overall miles driven have caused tire manufacturing volume to decline in 2020, creating a downstream ripple effect softening commodity prices for natural rubber, but this may change in 2021.

Article

Total Fleet Maintenance Costs Flat in CY-2020

Total Fleet Maintenance Costs Flat in CY-2020

Although unscheduled maintenance increased due to extended service lives, prolonged inactivity during the COVID lockdown, and longer downtime due to parts shortages, costs were flat as vendors refrained from price increases.

Article

Uptick in Mobile Maintenance in 2020

Uptick in Mobile Maintenance in 2020

One trend that is gaining momentum among commercial fleets during the pandemic is the use of mobile maintenance vendors. There has been a substantial uptick in fleet requests for mobile maintenance solutions as fleet managers look to minimize downtime and the administrative burden of taking their vehicle to a repair shop and having the driver wait.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Article

2020 Fleet Executive of the Year Nominees

2020 Fleet Executive of the Year Nominees

The Fleet Executive of the Year award, along with the Edward J. Bobit Professional Fleet Manager of the Year award, will be announced at the 2020 AFLA NextGen Conference, which will be hosted virtually this October 5-7, 2020.

Article

Mobility Management Versus Driver Reimbursement

Mobility management is different from reimbursement. In accordance with the trend away from...

As companies look for best practices and opportunities to create more efficiencies in fleet management, they should also look at the trend away from vehicle ownership to develop tools to apply in context of commercial fleets.

Fleet FAQ

Associate Vice President, Strategic Partners

Sherry Calkins

Associate Vice President, Strategic Partners

https://www.geotab.com/