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While distracted driving has become the No. 1 offender contributing to unsafe roads, there is hope in the form of AI that is reinforcing safer driving behaviors.
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On top of the pandemic, supply chain shortage, and the distant danger of long-term inflation, the war in Ukraine has helped drive fuel prices skyward. Will it last? And what can be done about it?
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Globally, Russia is the fourth largest producer of finished aluminum. Today’s geopolitical tensions caused by the Russo-Ukraine War will exacerbate pre-existing constraints for commodities such as aluminum and natural gas.
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Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.
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The biggest consequence to supply chain disruptions has been longer OTD and difficulty sourcing replacement units, forcing fleet managers to extend the service lives of their vehicles until the next order cycle.
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Fleet veterans pass the leadership torch to the next generation of fleet managers.
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Over the next few years, all signs point to a 100% hybrid sales fleet and opportunities for electrification for the pest control company.
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The earlier COVID lockdowns precipitated a perfect storm that amplified pandemic-induced labor constraints and that exacerbated the pre-existing shortages of automotive service techs and CDL drivers for Class 3-8 trucks.
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Many fleets have to meet aggressive corporate sustainability goals requiring the transition from ICE vehicles to EV assets, but are inhibited by sourcing constraints of slow EV rollouts and inadequate recharging infrastructure.
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Reversing the “carpocalypse” will necessitate a strategy of road pricing, multi-modal transportation, and policies that encourages optimum utilization, equity, and accessibility.
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