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Fleet Costs

Geopolitical Frictions Create New Supply Disruptions

Globally, Russia is the fourth largest producer of finished aluminum. Today’s geopolitical tensions caused by the Russo-Ukraine War will exacerbate pre-existing constraints for commodities such as aluminum and natural gas.

Forecast: Fleet Costs Will Continue to Escalate

Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.

Increasing Fleet Expenses are Straining Corporate Budgets

Despite continued supply chain issues, fleets are tasked with replacing vehicles. In this State of the Fleet Industry video, Mike Antich explores current inventory and ordering challenges, gas prices, fleet maintenance costs and controlling a budget.

Fleet Managers Sound Off on Today’s Market Conditions

To take a pulse on the state of the fleet industry, AF Editor Mike Antich went to the source and asked fleet managers what issues they're watching. See what they had to say about current market conditions, sourcing replacement vehicles, budgeting, and incentives in this video.

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