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Replacement Tire Transaction Costs Up Slightly in CY-2019

Replacement Tire Transaction Costs Up Slightly in CY-2019

Although prices for replacement tires increased 3% per unit per month in calendar-year 2019 compared to CY-2018, the per transaction tire costs were up less than 1% for fleets buying at pre-negotiated national account prices.

March 18, 2020

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Average repair cost per unit increased in 2019, primarily due to higher labor rates. Also, PM costs were up as more units require more expensive synthetic oil. Tire price per unit, on average, increased 3% in the past 12 months.

March 17, 2020

Advancements in Online Remarketing are Benefiting Emerging Segments
Online Remarketing is Growing and Low-Priced Cars are Benefiting

Where are they Now? Mike Albert's Don Miller

The automotive world was a part of Don Miller's life professionally for more than 45 years. Miller has always been a car guy, so even in his retirement, he still surrounds himself with all things automotive.

January 29, 2020

Trends in State-of-the-Art Fleet Technology

Trends in State-of-the-Art Fleet Technology

Telematics, Big Data, AI, driver safety, and overall corporate sustainability goals are some major aspects of fleet that managers are continually assessing when considering the latest advancements in technology.

January 29, 2020

Containing Fuel Spend Is a Top Fleet Focus Despite Price Stability
Upward Pricing Pressuring Fixed and Operating Costs

Upward Pricing Pressuring Fixed and 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.

December 13, 2019

Labor Shortage Increases But Economic Uncertainty Emerges

Labor Shortage Increases But Economic Uncertainty Emerges

The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.

December 11, 2019

Procurement: How to Quantify Intangibles in Decision Making

Procurement: How to Quantify Intangibles in Decision Making

For some time now, more fleet supplier decisions involve, or are even managed by, procurement or purchasing staff. The RFPs they generate focus on the quantifiable. Fleet managers know, however; that suppliers are set apart as much by intangibles. Here are some tips on quantifying these intangibles.

November 20, 2019

When to Restrict Personal Use of Fleet Vehicles

When to Restrict Personal Use of Fleet Vehicles

Are your fleet drivers using company vehicles for personal use? Setting policies regarding family use, age limits, driving infractions, and other behaviors helps reduce risks and limit liability.

November 7, 2019

Operating Costs Inch Up for Second Consecutive Year

Operating Costs Inch Up for Second Consecutive Year

Fleet operating costs increased in CY-2019 due to higher PM costs, ongoing pressure to increase maintenance labor rates to address the widespread tech shortage, and higher prices for commodities to manufacture replacement tires.

October 25, 2019

Why Railcar Constraints Continue to Impact Order-to-Delivery

Why Railcar Constraints Continue to Impact Order-to-Delivery

In MY-2019, ongoing railcar shortages created huge backlogs of vehicles needing to be shipped. The railcar shortage has been a key factor for fleet delivery delays for the past 20 years. The question is when does it get fixed?

October 9, 2019

Chassis Shortages and Installation Backlogs Slow Upfitter Order-to-Delivery
Meet the 2019 Fleet Executive of the Year

Meet the 2019 Fleet Executive of the Year

Kenneth Jack, a 25-year fleet industry veteran was awarded the 2019 Fleet Executive of the Year award. Jack has held various fleet positions throughout his career and currently serves as VP of Fleet Operations for Verizon.

September 25, 2019