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Market Trends•by Mike Antich•July 9, 2004

What’s On the Minds of Fleet Managers

The summer months are a busy time in the fleet industry. There are many fleet meetings and new-model introductions, which provides me with an opportunity to talk “fleet” with a wide variety of fleet managers. Two issues on the minds of many fleet managers are the unbelievably long order-to-delivery (OTD) times for medium- and heavy-duty trucks and the encroachment of other corporate functions into traditional fleet management responsibili-ties.

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Market Trends•by Mike Antich•July 4, 2004

Strategic Procurement Threatens to Fundamentally Change Fleet Management

Corporate procurement departments are becoming the engines of change in fleet management at Fortune 500 companies. The emergence of strategic sourcing in the 1990s is rapidly altering corporate purchasing and increasingly forcing change in fleet purchasing and the supplier selection process.

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Market Trends•by Mike Antich•June 27, 2004

Why is Driver Reimbursement the Wrong Choice? Here are 30 Reasons

1. Loss of Competitive Assistance Program (CAP) Monies from Factories Oftentimes, manufacturer fleet incentive programs, such as competitive assistance programs (CAP), are structured based on reaching tiered volume purchasing levels. A re-imbursement program, in which some employees are re-quired to use their own vehicles, would decrease a com-pany’s fleet volume and its eligibility for additional CAP monies.

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Market Trends•by Mike Antich•June 21, 2004

The Business Case for Short Cycling Compact SUVs

The aggressive fleet incentives that manufacturers are currently offering commercial fleets present the opportunity to give serious consideration to substituting a compact SUV on a selector in lieu of a traditional intermediate-size fleet sedan, so long as it is capable of fulfilling the fleet application. When you compare lifecycle costs during a 36-month service life, a compact SUV actually has a lower monthly total cost. Interestingly, they are also less expensive at a shorter 24-month cycle.

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Market Trends•by Mike Antich•June 15, 2004

Five Reasons to Reject Driver Reimbursement

The issue of driver reimbursement is a perennial issue confronting our industry. Whenever there is a new corporate management or when corporate sales are flat or when new cost-cutting initiatives are instituted, someone invariably asks whether it would make better business sense to reimburse employees for the use of thier personal vehicles rather than providing company vehicles.

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Market Trends•by Mike Antich•June 4, 2004

Record-High Fuel Prices Give Fleets a Sobering Reality Check

The breathtaking escalation in gasoline and diesel prices has given the fleet industry a reality check as to how quickly fuel can dramatically increase vehicle-operating expenses. In the first five months of 2004, the price of a gallon of regular unleaded gasoline increased almost 30 percent, which represents, on an annualized basis, an average increase of almost $600 per vehicle, based on driving 2,000 miles a month.

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Market Trends•by Mike Antich•May 26, 2004

Growing Legislative Trend to Mandate Fleet Vehicles as Smoke-Free Workplaces

The legislative definition of “workplace” is expanding to include company or publicly owned fleet vehicles. The catalyst behind this change is legislation mandating smoke-free workplaces. (See Market Trends, December 2003 issue.) The latest legislation to do so is in the Commonwealth of Massachusetts, which is expected to enact (after our press time) a new public health law (H4256), which goes into effect July 5. The new state health law bans in Massachusetts all smoking in public buildings and

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Market Trends•by Mike Antich•May 22, 2004

Downsizing Vehicles to Cut Acquisition Costs Will Increase Maintenance Costs & Liability Exposure

An increasing number of fleets, especially those operating trucks and vans, are investigating the feasibility of downsizing to lower-GVW vehicles as a cost-cutting measure to decrease acquisition costs. For example, some fleets are studying a switch to a less expensive compact pickup instead of acquiring a full-size pickup or downsizing to a half-ton van from a three-quarter-ton van.

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Market Trends•by Mike Antich•May 17, 2004

The DNA of a Great Fleet Manager

This issue’s cover story recognizes the 2004 Fleet Manager of the Year. During my tenure in fleet, I have had the privilege of meeting 19 of the 20 fleet managers who have won this award. Although each managed different types and sizes of fleets, there were common traits found among these award-winning fleet managers. Likewise, over the years, I have had the privilege of meeting many other unsung pros of fleet management in whom these same traits were also evident. Here’s what they had in common

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Market Trends•by Mike Antich•May 14, 2004

15 Ways to Increase Your Fleet’s Fuel Economy

Although gas prices have hit a record high, you can take actions to maximize the fuel efficiency of your fleet. Here are 15 suggestions for drivers to follow to maximize fuel economy, most of which won’t cost you a cent.

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Market Trends•by Mike Antich•May 4, 2004

How International Accounting Standard 17 May Impact the Open-End TRAC Lease

Accounting standards vary widely from country to country, making comparison of company accounts difficult. In recent years, the need to adopt international accounting standards has been gaining ground. For multinational companies, compliance with a single set of accounting standards would be a major improvement to the current multiplicity of national standards and would promise significant cost savings among other benefits. Efforts to develop global standards were started in 1973 by the Intern

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