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Departmentally assigned vehicles often create hidden costs through underutilization, poor visibility, and increased administrative burden. This white paper explores how shared motor pool strategies help fleets reduce costs, improve accountability, and optimize vehicle utilization.
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The poll is live for the 2021 Fleet Vehicles of the Year — vote for your favorite car, truck, and/or SUV, share the link, and help contribute to the next Fleet Vehicle of the Year.
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Electric vehicles may cost more upfront but then surpass their fossil-fueled counterparts in operational savings, according to findings from a predictive data analytics firm.
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Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
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Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
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Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
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From state-of-the-art onboard sensors to wireless telematics and more, Microsoft Azure is going to help Enterprise scale its fleet to a 350,000+ vehicle connected force by the end of the year. A fully connected worldwide fleet may be just five years away.
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Komatsu is developing battery-electric load haul dumps, drills, and bolters with Proterra battery systems.
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Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
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Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021
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