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A fleet operation generates data that can be manipulated and parsed in myriad ways. Fleet managers must report to management, but what key performance indicators (KPIs) are most important to your CEO?
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A number of variables are keeping fleet operating costs flat, primarily the dramatic drop in fuel prices that began three years ago, but also extended maintenance intervals, and lower commodity prices to manufacture tires.
Read More →Lower prices for gasoline and diesel have been a welcome relief for fleets, in some cases, reducing operating costs by 25-30 percent. While the past three years have been heaven-sent for the fleet industry overall, it has had a dramatic impact on fleets operated by energy companies, which are scrambling to cut costs to offset the decline in oil prices. The unfortunate fact of life is that one person’s fortune is sometimes another’s misfortune.
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Replacement tires are the second highest operating cost for fleets after fuel. During CY-2015, replacement tire prices have remained stable compared to the prior year.
Read More →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.
Read More →Calendar-year 2015 marks the third consecutive year that fleet operating costs have remained stable compared to the past three years, primarily due to the continuing softness in gasoline and diesel prices. Replacement tires, the second highest operating cost, were stable due to the ongoing softness in commodity prices, primarily rubber and oil, while increased maintenance intervals contributed to lower maintenance costs for fleets. The forecast is more of the same for CY-2016.
Read More →Preparing a fleet budget requires only three easy steps: develop your cost assumptions, determine line-item expenses, and correct the variances between budgeted and actual costs.
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Maintenance continues to be among the most expensive aspects of running a Class 3-7 truck fleet. But, there are ways to control these costs and remain efficient.
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Different people are motivated in different ways. Some require positive feedback and recognition, some are driven by criticism, while, for others, it;s simple fear. What can senior management do to motivate fleet managers.
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