Citing the higher cost of crude oil, many major manufacturers of finished lubricant products increased prices from 5% to 8% in CY-2018. Plus, each model-year, more OEMs require the use of more expensive synthetic motor oils.
Companies are spec’ing selectors to take advantage of more fuel-efficient vehicle technologies, such as higher-speed transmissions, turbocharged smaller displacement drivetrains, and, when possible, downsizing to a smaller vehicle.
Deprecation was low through most of 2018. Segments such as sedans performed better than they have in years past, while trucks and SUVs continue to retain their values well.
AUX Home Services has used its new telematics platform to improve the number of appointments its fleet drivers are able to accomplish per day. The company has also been able to improve its on-time performance.
The Hourglass Foundation looks to offer financial aid to high school seniors nationwide who have demonstrated a passion and drive to achieve their life goals by attending a community college or trade school.
A request for information (RFI) is a less-widely used tactical tool that can provide vital pre-RFP information, including a market analysis that can better inform an RFP when it does go out.
The fuel card specialist is looking for ways to reduce data overload for fleet managers as it deepens its expertise through acquisitions and an expansion.
Fleet data overload may bring paralysis by analysis.
Mark Leuenberger oversees both fleet and procurement at Cox Enterprises, a company that he has been with for 20 years.
There is a difference between procurement and sourcing, with the former being more tactical and shortsighted and the latter being more strategic and change-management oriented, and the dynamics between these groups and fleet can sometimes be contentious.
