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After a steeper decline to start 2014, depreciation is expected to settle into the range of 1% to 1.5% per month for the rest of the year.
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To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
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Truck lifecycles can be calculated to the mile and the dollar. This can help fleets replace vehicles at the optimal moment.
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The top challenge facing truck fleets continues to be managing fuel spend. Other challenges include rightsizing, rising tire costs, remarketing, and improving fleet efficiency. An emerging trend is the shift to lighter-weight upfits.
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Implementing proactive fleet policies can often produce significant cost savings in the long run. Examine every aspect of fleet operations to uncover expense-cutting opportunities.
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