Hyperconnectivity has emerged as a hot trend in computer networking in which all “things” (human and machine) communicate through a network. This will have dramatic implications for the future of fleet management.
Fuel Continues to be the No. 1 Threat to Fleet
The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.
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