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A Cox Automotive study reveals growth in vehicle miles traveled, AI penetration in fleet management, and e-commerce driving commercial vehicle demand.
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The rise of e-commerce and the demand for home delivery has seen the number of light commercial vehicles funded by the UK’s major leasing companies increase by nearly 5% year-on-year. The number of vans underwritten leasing company books was 462,863 - an increase of 21,515 vehicles.
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Chinese e-commerce market’s growth is estimated to register an increase of 17.2% in 2021. This booming growth will require a parallel development of the country’s last-mile delivery fleet industry, the largest in the world.
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The Japanese e-commerce market’s strong 2021 growth is expected to continue fueling the country’s last-mile delivery fleet industry, as consumers increasingly demand fast and same-day delivery. The market expanded significantly in 2020, as the COVID-19 situation drove demand for deliveries.
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Isuzu North America Corp. and Gatik announced on April 6, 2021 a strategic collaboration to develop and evaluate fully autonomous medium-duty trucks. This collaboration is an industry first in the medium-duty truck category. The first vehicles will be deployed later in 2021.
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The company’s new electric vehicle delivery vans are targeting final-mile fleets operating in urban environments and is expecting its first product launch in Q3 2021.
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Today's video looks at strong demand for walk-in cargo vehicles, resulting in longer vehicle lead times; increased contracting for delivery service providers; sustainability as a competitive advantage in last-mile delivery; and how the pandemic accelerated growth in e-commerce.
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Topics addressed included the increasing electrification of fleets, the growth in vehicle connectivity, the evolving role of fleet managers as “data scientists,” and the evolution of e-commerce businesses.
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Merchants Fleet is expanding its fleet team offering services to logistics and delivery companies in response to a rise in ecommerce business, and a national increased demand for delivery vehicles, as well as the associated services required to manage and maintain them.
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The 2020 Work Truck Show showcased a convergence of technologies driven by environmental conditions, regulations, and the needs of package delivery drivers, who enter and exit their vehicles hundreds of times in a day.
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