
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.
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.
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.
There are three key reasons why the transition to synthetic oils is occurring. They are the proliferation of smaller displacement turbocharged engines, escalating CAFE fuel economy requirements, and government regulations to lower tailpipe emissions.
Unscheduled vehicle downtime is not only a maintenance issue, it is also an accident-avoidance issue since, on average, 20% of a fleet’s vehicles annually incur downtime due to accidents.
Time in the shop, instead of on the road, means lost sales and less face time with customers, putting downward pressure on the bottom line. Downtime mitigation is key to controlling costs and helping to maximize fleet uptime.
For fleet managers, excessive idling of vehicles can pose a serious problem by harming engine efficiency and causing premature voiding of auto warranties.
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.
On wet roads, worn tires with a tread depth of 4/32 inch have an average increased stopping distance of 87 feet for a passenger car and 86 feet for a light truck when compared with new tires, according to a recent study from AAA.
Geotab has added three mobile apps for asset tracking, preventive maintenance, and driver behavior to its Marketplace platform, the Toronto-based telematics provider has announced.
It never ends; management wants cost reduction, and fleet managers must come through, year after year. Beyond those ‘hard’ costs that are easily measured are soft and hidden costs that are equally important. Here are some tips on finding, and eliminating such costs in your fleet.
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