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With oil prices rising again, AWP Safety’s fleet manager shares how to respond to rising fuel costs and how the right strategy can turn fuel spikes into cost-saving opportunities.
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With rising costs and maintenance challenges piling up, Fleetio aims to help alleviate the squeeze with its new AI helper.
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Five quarters of data on the six most common maintenance activities reveal how cost composition and labor intensity influence fleet service trends.
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According to Vincentric, fleet cost per mile for most vehicle categories decreased slightly in the third quarter, while the Pickup and SUV categories remained the same.
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Increases in financing costs and interest rates drove vehicle ownership expenses higher in the second quarter of 2023, with costs accelerating over the first quarter.
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One of the biggest variables today influencing future commodity pricing trends is the ongoing war between Russia and Ukraine, both of whom are key exporters of raw materials, such as metals, critical to the supply chain.
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On top of the pandemic, supply chain shortage, and the distant danger of long-term inflation, the war in Ukraine has helped drive fuel prices skyward. Will it last? And what can be done about it?
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Watch Automotive Fleet discern fleet trends by following the money in asset acquisition, fuel, tires, and vehicle maintenance in this episode of State of the Fleet Industry.
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Thanks to IoT devices, AI, machine learning, telematics, and data analytics software, fleet managers continue to increase vehicle uptime, helping to improve the total cost of ownership.
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