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Fleets Sound Off on Electrification, Fuel Management, and Remarketing

Fleets Sound Off on Electrification, Fuel Management, and Remarketing

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

10 Ways to Reduce Fuel Spend

10 Ways to Reduce Fuel Spend

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

Asset & Driver Strategies to Reduce Fuel Spend

Asset & Driver Strategies to Reduce Fuel Spend

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

Low Demand Flattens Fuel Prices in 2020

Low Demand Flattens Fuel Prices in 2020

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

Containing Fuel Spend Is a Top Fleet Focus Despite Price Stability
Strategies to Reduce Fuel Spend

Strategies to Reduce Fuel Spend

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

Fuel Prices Increase Fleet Operating Costs

Fuel Prices Increase Fleet Operating Costs

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

Uncertainty and Product Availability Constrain Fleet Sustainability Initiatives
Stable Fuel Spend Keeps Lid on Overall Operating Costs

Stable Fuel Spend Keeps Lid on Overall Operating Costs

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

Analysis of 2016 Fleet Fuel Spend and 2017 Forecast

Analysis of 2016 Fleet Fuel Spend and 2017 Forecast

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

Extended Oil Drain Intervals Mitigate Increased PM Expense

2015 Fleet Fuel Spend Analysis & 2016 Forecast

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

Fleet Management 2025 Forecast: New Vehicle Purchasing

Fleet Management 2025 Forecast: New Vehicle Purchasing

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

Forecast of Operating Costs for CY-2015

Forecast of Operating Costs for CY-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

Forecast of Operating Costs for Medium-Duty Trucks in CY-2015
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