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Fleet Operating Costs Remain Stable for Fourth Consecutive Year

The stability of fuel pricing over the past 36 months, along with ongoing improvements in vehicle fuel economy, have been the key factors keeping fleet operating costs relatively flat.

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How to Maintain Your Tires

John Nielsen of AAA offers advice on tire maintenance. Video courtesy of AAA. For more tire safety tips, provided by the National Highway Traffic Safety Administration, click here.

Cost of Flat Tire to a Fleet Detailed

Fleet Financials’ inaugural tire survey asked fleet managers how much flat tires deflated the bottom line. The answers provided an in-depth look at a perennial challenge.

Tires are a Depreciating Asset: 10 Ways to Slow the Rate of Depreciation

As a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category are a fleet’s second-largest operating expense, exceeded only by fuel. By maximizing tire tread life, you lower per-mile costs, resulting in fewer premature removals and optimizing the condition of tire casings, allowing for multiple retreads.

Resetting the TPMS Light

Do all your fleet drivers know what the TPMS light means? This video explains and goes through the steps of resetting the tire pressure monitoring system light. Video courtesy of Chris Fix. For the full fleet safety tip, click here.

Check Your Vehicle's Tire Tread

This video from ABC 10 News reminds drivers that regular tire maintenance is critical -- especially during the rainy season when streets are extra slick. For the full fleet safety tip, click here.

Sudden Tire Blowout Safety

This video from AAA explains what steps drivers should take in the event of a tire blowout. For the full fleet safety tip, click here.

Do Your Drivers Know their Company Vehicle is not Equipped with a Spare Tire?

As a fleet manager, it is your responsibility to let drivers know their company vehicle is not equipped with a spare tire. The danger is many drivers do not know their vehicle doesn’t have a spare – until they need it. Drivers often say they were never told their new company vehicle didn’t come with a spare. Approximately 36 percent of model-year 2015 vehicles were not equipped with a spare tire. This compares to 5 percent in 2006.

The Popularity of Euro-Style Vans to Put Upward Pressure on Euro-Metric Replacement Tire Costs

Sales of Euro-style vans exceeded total sales of traditional body-on-frame vans for the first time in 2015. This is an important milestone in the evolution of the fleet van market, but the rapid market share expansion of Euro-style vans will have a near-term impact on replacement tire availability, which, in turn, will exert upward pressure on pricing.

Impact of Chinese Truck Tires on Fleet Aftermarket

One factor driving the deluge of Chinese exports of replacement truck tires to the U.S. is China's immense tire production overcapacity. In 2015, China manufactured 120 million tires, with an overcapacity rate of almost 25 percent. The influx of Chinese truck tires is also having a detrimental effect on the tire retreading industry, because many of these “bargain” tires have only one life because they cannot be retreaded.