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Business Fleet – Market Trends

How to Combat Driver Complacency Caused by Lower Fuel Prices

The prolonged drop in fuel prices shows no signs of abating in the foreseeable future, which is positive since lower prices are making a dent in overall fleet fuel expenditures. However, there is the risk that prolonged lower prices will result in driver complacency to being energy conscious with less focus on fuel-efficient driving. READ MORE

The Little-Known Origin of Total Fleet Management

“Total fleet management” is a generic, shorthand term used to refer to programs offered by FMCs that administer all aspects of a client company’s fleet operations. Have you ever wondered about the origin of this concept? You might be surprised to learn that IBM was one of the initial catalysts leading to the development of today’s total fleet management programs. This might surprise some in the fleet industry, because for the longest time, IBM has been the poster child of driver reimbursement. READ MORE

Two Trend Lines Impacting Tomorrow’s Commercial Fleets

There are a multitude of trends that will impact tomorrow’s fleets. In this blog, I will focus on just two trend lines — technology and governmental mandates. Here's what I foresee. READ MORE

Today's Top Fleet Trends for Nation's Largest Fleets

Each year, we compile a listing of the nation's Top 300 commercial fleets. This gives us an opportunity to get a pulse on the state of the commercial fleet market. Every fleet in the Top 300 commercial fleet listing has its own fleet strategy and challenges; some unique, but most are common to a number of fleets. Here is my “lightning round” summary of the top trends and operational considerations influencing the management of the nation’s largest commercial fleets. READ MORE

New Zealand Fleet Market Conditions for CY-2016

Despite economic headwinds dampening demand for its exports into China, auto sales in New Zealand during calendar-year 2015 hit an all-time record for commercial and retail vehicles. Sales continue to be strong in early 2016. READ MORE

Ergonomics Is the Missing Link in Calculating Total Cost of Ownership

The key word in calculating total cost of ownership (TCO) is total. When spec’ing vehicles, the cost-avoidance benefits of good ergonomics must be monetized to an approximate value and factored into calculating the true total cost of ownership. READ MORE

State of the Australian Commercial Fleet Market in CY-2016

Procurement, as elsewhere in the world, has gained increased influence in fleet purchase decisions in Australia. One byproduct has been the growing trend to sole-source from a single OEM. Although acquisition costs are a key factor, fleet application, fuel economy, CO2 emissions, safety, and overall TCO continue to play important roles in the purchase decision-making process. READ MORE

Collapse of Oil Prices and Ruble Devaluation Negatively Impacting Russian Fleet Market

The Russian economy is in a recession, with the gross domestic product (GDP) shrinking 3% in 2015. This economic downturn is widespread, with output falling in key sectors of the economy. The overall fleet demand in the Russian market is down, primarily due to the volatility in the exchange rates for the ruble and its impact on new-vehicle pricing. READ MORE

Top Trends in Global Fleet Management

There are dramatic differences between regional fleet markets around the globe. Yet, despite these differences, there are also many similarities. Many of the challenges facing fleet managers are identical to the challenges facing their counterparts managing fleets elsewhere in the world. READ MORE

Identifying the Next Generation of Corporate Fleet Managers

Fleet management will increase in complexity with the pervasive use of technology and emphasis on data analytics. This will attract new employees with different skillsets. Despite what cynics may say, now is the best time to get into fleet management. It is at the corporate crossroads of technology, sustainability, supply chain management, and safety. Fleet will be very attractive to managers because of the exposure to these cross-functional groups and the opportunity for advancement. READ MORE

Commercial Fleet Sales in Canada Forecast to be Flat in 2016-CY

Automotive retail sales in Canada hit a record of 1.89 million new vehicles sold in calendar-year 2015. This is the third consecutive year of record retail sales in Canada. Commercial sales, on the other hand, were a different story. Cumulative sales in the commercial fleet market were flat year-over-year compared to 2014. The forecast is more of the same for CY-2016. READ MORE

The Impact of the 'Smart' Windshield on Fleet Operations

The windshield is a critical safety component of a vehicle, protecting passengers in the event of a rollover and aiding in proper airbag deployment. However, the windshield is no longer just an independent part comprised of a vinyl interlayer sandwiched between two pieces of glass. What is changing is that windshields are becoming more technologically integrated with the rest of the vehicle. READ MORE

10 Ways Fleet Managers Can Avoid Being Under-Rated by Senior Management

There is an ongoing perception by senior management that fleet management is not a complicated and sophisticated profession. As a result, one of the biggest challenges facing fleet managers is getting management to recognize and acknowledge their contribution to the company. Here are 10 ways to ensure management recognizes your contribution to the company’s bottom line. READ MORE

Finding the Right Balance: Over-Spec’ing vs. Under-Spec’ing Trucks

Spec’ing a truck is a complicated process no matter where you are in the world. Building the right truck requires hundreds of decisions and choices – and each choice potentially impacts another. Where it gets tricky is finding the balance between over-spec’ing and under-spec’ing a truck, each with its own unique set of consequences. READ MORE

Encroachment Blurs Traditional Fleet Responsibilities at Multinational Fleets

Many interdepartmental and operational conflicts that intersect at fleet are typically driven by the challenge of balancing HR/driver requirements versus finance/procurement requirements, which are often at odds, with the gains in one area negatively impacting the other. And, the hard reality is not all department or operational managers are team players and, as a result, there are the inevitable interdepartmental (and personal) conflicts. READ MORE

Migration of U.S. Fleet Management to the European Fleet Model

I can envision internal and external political and economic pressures that could prompt the U.S. fleet market to migrate to a European fleet business model offering company-provided vehicles as a form of compensation. READ MORE

Fleet Incentives

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FleetFAQ

Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

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Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

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Published by Bobit Business Media, Work Truck magazine is geared to managers of truck fleets of class 1-7 trucks.

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Author Bio

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Mike Antich

Editor and Associate Publisher

Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.

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