Cost containment is the issue of the day as national economic and future market conditions remain uncertain for the latter half of this year and into calendar-year 2024.
Data from a new Samsara study shows that its customers in the first year saw a 47% reduction in crashes, 47% decrease in idling, and 20%+ improvement in vehicle utilization.
The limited the availability of replacement units for many fleets is forcing vehicle service lives to be extended. As a result, fleets are implementing “fleet preservation” strategies to mitigate the negative impact of operating higher-mileage vehicles beyond their normal lifecycles.
During calendar-year 2020, fleet maintenance expenses declined year-over-year compared to CY-2019, primarily driven by the COVID lockdowns and customer restrictions on allowing visitors on company premises. In addition, vehicles were under-utilized resulting in unintended additional problems such as flat tires, dead batteries, and rusting brakes.
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