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Preventing accidents can cut fleet expenses and improve operating of vehicles. Auto manufacturers are coming out with an increasing number of on-board technologies to help drivers avoid accidents.
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If one word could describe the forecast for CY-2015 operating costs, it would be "flat." The upbeat forecast is for gasoline and diesel prices to slightly decrease, while maintenance and tire costs are predicted to remain stable.
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Fuel prices remain stable with the continued shift to smaller displacement engines and increased oil production in the U.S. One unintended consequence may be the emergence of driver complacency to maximizing fuel economy.
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Replacement tires are the third-largest fleet expense category. In recent years, there have been year-over-year price increases for replacement tires. A key reason for current, stable tire pricing is less volatility in commodity costs.
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Maintenance costs have decreased in the past 12 months with the primary reason being increased vehicle quality. But, there are concerns about vehicle complexity, part prices, labor rates, and soft costs such as driver downtime.
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The operating cost forecast for medium-duty trucks is stable for the upcoming calendar year, with fuel economy and cost reduction the top concerns.
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Gasoline and diesel prices, on average, in 2014 are virtually the same as in 2013, with some variances depending on region. Similarly, PM costs are flat and stable commodity prices have contributed to less volatility in tire prices.
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Reaching its emissions-reduction goals of 10 percent three years early, the parcel delivery fleet has upped its goals to achieve a 20-percent reduction by 2020.
Read More →Ingrid Joris, vice president and general manager of HR Operational Services, has led the company’s dispersed fleet’s centralization, resulting in more than $16 million in savings in three years.
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A standard, and important, part of any fleet operation, the lease vs. buy decision is also one that requires specific financial knowledge and a clear understanding the process.
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