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Fuel Prices

Strategies to Reduce Fuel Spend

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.

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Stable Fuel Spend Keeps Lid on Overall Operating Costs

The stability of fuel pricing has been the No. 1 factor contributing to keeping operating costs flat in calendar-year 2017. Since fuel makes up the largest portion of fleet operating costs, it has helped keep a lid on overall fleet spend.

Analysis of 2016 Fleet Fuel Spend and 2017 Forecast

The stability of gasoline and diesel prices over the past 36 months has been the No. 1 factor contributing to keeping fleet operating costs flat. Vehicle acquisition and used-vehicle prices are strongly influenced by low fuel prices.

Top 13 Trends in Commercial Fleet Management

Without a doubt, the top two challenges facing fleet managers are cost containment and safety. This pressure is emanating from senior management, mandating fleet managers reduce costs and minimize liability exposure.

Analyzing the Future of Fleet

It’s time to put another year in the books and look forward to 2016. Take some time to analyze current and future trends and how that will impact your fleet operation.

10 Universal Mega Trends Impacting Global Fleets

There are dramatic differences between regional fleet markets around the globe. Yet, despite these differences, there are also many similarities. Many of the challenges facing fleet managers are identical to the challenges facing their counterparts elsewhere in the world. Oftentimes, fleet best practices in addressing these challenges emerge from outside your local market, which is good reason to be familiar with what’s occurring elsewhere in the world. Here are the top 10 universal mega trends.