Fleet costs are up across the board due to inflationary pressures. Acquisition costs have increased with minimal offset from fleet incentives. Interest rates are higher, impacting the lease vs. buy decision and companies requiring outside funding to replace vehicles.
It is critical not to lose the customers’ perspectives. What can be overlooked is that the costs captured in a fleet management information system only captures the small fleet portion — not the real costs of the overall organization.
Answers to three key questions fleets should know about those ever-important “extras” on their trucks and vans are shared.
Extended replacement cycles for short-term capital expenditure savings often have the unintended consequence of resulting in greater long-term expenses.
Topics mentioned in this video include: tightening of fleet budgets; the average age of vehicles trending upward; maintenance issues resulting from extending vehicle life cycles; and an increase in driver downtime.
Determining when exactly to cycle your vehicles is a fine balance among many factors, from acquisition, through operation, and resale or asset disposal. Here are nine questions to answer when you’re deciding when and how to best cycle your trucks.
A lifecycle cost analysis that incorporates a work vehicle’s productivity can lead to greater fleet utilization and decreased fleet spend.
LeasePlan USA has enhanced its ePlan online fleet management tool that helps companies gain more control over their fleets, the fleet management company announced.
ARI has published its 2017 Industry Outlook in which subject matter experts examined each step in the vehicle life cycle process to determine where the most significant trends will impact fleet professionals' business operations in the next 12 to 18 months, the fleet management company announced.
Donlen has enhanced the functionality and user interface for its next generation Vehicle Optimization Model (VOM), so it simplifies vehicle selection and cycling decisions, the fleet management company announced.
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