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The next edition of the State of the Fleet Industry Spotlight series on Thursday, Oct. 15, 2020, will feature Jeff Krogen, assistant vice president of Fleet Strategy for Enterprise Fleet Management, discussing top trends in the wholesale used-vehicle market.
Today’s video looks at the top trends driving fleets, which includes: fleet budgets constraints; fleet utilization and rightsizing; and potential future changes to taxation and regulatory compliance.
WEX has extended its partnership with Enterprise Fleet Management to continue to offer its fuel card solution for customers of the fleet management company.
The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
CUV/SUVs saw year-over-year declines to their wholesale values, but are still performing well due to continued demand for these segments and cheap gas prices, but an inflection point is approaching.
Taylor will become one of the highest-ranking women among the world’s largest travel companies and one of the top female CEOs across all industries, based on company revenue.
In the 2019 fiscal year, the organization recorded more revenue, transactions, vehicles, locations, and customer miles logged than ever before.
Fleet order-to-delivery times for model-year 2019 increased in comparison to those in MY-2018. Delays were caused by rail constraints, plant downtimes, truck driver shortages, production capacity strains, and early order cutoffs.
Mike Branch of Geotab and Dain Giesie of Enterprise Fleet Management will demonstrate how artificial intelligence and big data are being leveraged to spec vehicles based on vocation, topography, city density, and even local weather patterns.