THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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Operating Costs

Fuel Prices Increase Fleet Operating Costs

Higher fuel pricing has been the No. 1 factor contributing to higher operating costs in calendar-year 2018. Since fuel makes up the largest portion of fleet operating costs, it has strongly contributed to the increase in total fleet spend.

Volvo's XC40 Tops Kelley's Best Buys

Kelley Blue Book has rated Volvo's XC40 as its best new model among its 2019 Best Buy award winners, which offer high value at purchase and during the ownership experience, according to the vehicle valuation firm.

Trimble Enhances Business Intelligence and Analytics Solution

Trimble says its business intelligence and analytics solution, Trimble Reveal, can now aggregate more data from a variety of business systems – transportation management, asset management, and mobile communications systems – to provide insight into how a company operates.

Biggest Challenges Facing Vocational Fleet Managers

To get the pulse of the vocational truck and van market, I reached out to a wide cross-section of fleet managers around the country to find out what’s on their minds. Here’s a snapshot of what they told me.

Tire Prices Increase Due to Higher Commodity Costs

Higher commodity prices are putting upward pressure on fleet prices for replacement tires. National accounts are no longer as willing to absorb the majority of price increases, which are between 3%-8% on select tire lines.

Maintenance Costs Increase as Labor Rates Rise

Despite high build quality, vehicle maintenance costs are trending up due to increased advanced technology content, skilled labor shortages, higher tire prices, and more engines requiring synthetic oils and high-capacity oil pans.