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I enjoy following the fleet management industry in the UK since it is among the most sophisticated in the world. Innovative trends often first appear in the UK, which makes for interesting conjecture as to whether they may be a prelude to what might emerge in the U.S. fleet market. One recent development was a controversial decision to test radio frequency identification (RFID) chips embedded in the license plates of vehicles. The UK Ministry of Transport gave the official go-ahead in August
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The majority of fleet managers place new-vehicle orders with the expectation that these units will be built and shipped based on normal lead-times. However, a growing number of fleets, especially larger fleets, are using targeted production weeks (TPW) as a fleet planning tool when placing new-vehicle orders.
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There is a renewed emphasis on maximizing remarketing dollars following the dramatic declines in resale values that have been occurring over the past three years. Although purchasing and negotiating skills are crucial, the skill that continues to set apart exceptional fleet managers is their remarketing expertise. One remarketing channel receiving increased attention is internal remarketing or the sale of company vehicles to employees.
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Nearly all fleet segments grew in percentage of total vehicle registrations over 2004 figures. Complete data is found at the AF Web site, www.fleet-central.com/af.
Read More →Downtime can be devastating when an engine breaks down in a fleet vehicle. With remanufactured engines, fleet managers can have a high-quality engine that's up to specifications in just a few days.
Read More →An industry survey indicates that trucks and trailers are consistently ranked as high growth potential markets with stable secondary market values, factors that look attractive to both lessees and lessors.
Read More →Medium-duty sales are strong with manufacturers adding second and third shifts to keep up with demand. Business is good at many fleets, and they are replacing older units and pre-buying to avoid the 2007 diesel emission regs.
Read More →The history of U.S. diesel emission regulations began with the 1970 Clean Air Act. OEMs responded with technological innovations, but are being forced to consider other compliance options to meet the upcoming more stringent standards.
Read More →Much of the growth in resale prices this year has occurred with intermediate and compact passenger cars. One reason for the increase in demand is because used-vehicle buyers are seeking to buy more fuel-efficient vehicles.
Read More →Managing the consequences of accidents is a process that can encompass a number of functions: reporting, repairs, subrogation recovery, even safety. Smart fleet managers should review them all and determine what works best.
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