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.
March 30, 2022
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.
March 29, 2022
When looking ahead to the next 12 months, it will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs have increased due to reduced fleet incentives. Fuel prices will likely continue to trend upward, and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.
December 1, 2021
When looking ahead to the next 12 months, it is clear that it will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs have increased due to reduced fleet incentives. Fuel prices, in all likelihood, will continue to trend upward and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.
November 20, 2021
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