As Q2 shows a decrease in fuel consumption, see what kind of impact this has on fuel prices and the industry in this video with Mike Antich.
Learn how higher fuel costs impact different aspects of the fleet industry in this deep dive video with Mike Antich.
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.
As many of us are watching fuel prices and commodities, these new trends bring about uncertainty and volatility. In this State of the Fleet Industry video, Mike Antich explores the current conditions, causes, and effects.
A deep dive into the costs associated with the alternative fuels commercial fleets use most.
When looking ahead to the next 12 months, it will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs have increased due to reduced fleet incentives. Fuel prices will likely continue to trend upward, and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.
Hear Mike Antich explain why model year 2022 product availability will most likely repeat MY 2021 constraints in this episode of State of the Fleet Industry.
It is vital for your company to analyze the benefits, costs, implementation factors, and more to ensure EV adoption is the next best step for your fleet.
When comparing the average cost of fueling with regular gasoline and EV charging, the cost is about 55% lower for EVs — though some states tilt considerably more favorable for EVs than others.
Current prices are 81 cents less expensive than a year ago and will likely push lower as Americans remain isolated for the foreseeable future as a result of COVID-19.
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