Automotive Fleet views itself as a facilitator to provide a platform for different voices from the industry to sound-off on today’s challenges. This regular column is designed to encourage discourse for fleet professionals to let their voices be heard to their peers and other industry professionals. Here is what is top of mind for fleet professionals concerning vehicle remarketing, electrification, and fuel management.
July 25, 2021
Since fuel is a fleet’s largest operating expense, it catches the attention of senior management when fuel prices start to rise as they are today. Here are 10 fuel reduction strategies that you a implement to make a dent in your fuel spend.
April 18, 2021
In addition to selecting fuel-efficient assets, another way to control fuel spend is to modify driving behavior, a key variability in fuel economy. The difference between the most and least efficient drivers is a 30% difference in fuel consumption.
March 29, 2021
The largest fleet operating expense is fuel, which traditionally represents approximately 60% of all operating costs. However, the decreased miles driven by fleets during the pandemic was the No. 1 factor contributing to keeping fuel costs flat in 2020.
November 3, 2020
With the cost of fuel representing 60% of the total fleet budget, fleet managers are looking for opportunities to reduce expenditures ranging from rightsizing, route optimization, telematics, personal use, and modifying driver behavior.
December 17, 2019
Companies are spec’ing selectors to take advantage of more fuel-efficient vehicle technologies, such as higher-speed transmissions, turbocharged smaller displacement drivetrains, and, when possible, downsizing to a smaller vehicle.
November 30, 2018
Higher fuel pricing has been the No. 1 factor contributing to higher operating costs in calendar-year 2018. Since fuel makes up the largest portion of fleet operating costs, it has strongly contributed to the increase in total fleet spend.
November 30, 2018
Corporate sustainability initiatives continue to be strong, but this strategy is tempered by infrastructure constraints and the limited availability of low- or no-emission OEM-built vehicles capable of fulfilling varied fleet applications.
April 25, 2018
The stability of fuel pricing has been the No. 1 factor contributing to keeping operating costs flat in calendar-year 2017. Since fuel makes up the largest portion of fleet operating costs, it has helped keep a lid on overall fleet spend.
November 1, 2017
The stability of gasoline and diesel prices over the past 36 months has been the No. 1 factor contributing to keeping fleet operating costs flat. Vehicle acquisition and used-vehicle prices are strongly influenced by low fuel prices.
November 18, 2016
Improvements in engine design and on-board oil life monitoring, along with improved oil quality and the use of synthetic oils, have extended oil drain intervals and served to decrease PM service frequency.
November 5, 2015
Since 2013, year-over-year fuel prices have remained flat. With fuel being 60 percent of total operating costs, lower per-gallon prices have put downward pressure on total fleet costs.
November 2, 2015
Government-mandated CAFE standards are exerting pressure on OEMs to develop smaller, more lightweight models and add more alt-fuel vehicles and hybrids to their lineups. Lower fuel costs will shift TCO focus to depreciation.
January 7, 2015
If one word could describe the forecast for CY-2015 operating costs, it would be "flat." The upbeat forecast is for gasoline and diesel prices to slightly decrease, while maintenance and tire costs are predicted to remain stable.
November 12, 2014
The operating cost forecast for medium-duty trucks is stable for the upcoming calendar year, with fuel economy and cost reduction the top concerns.
November 11, 2014