SPARKS, MD - PHH Arval recent annual Truck Fleet Management Conference, held in Ft. Lauderdale, Fla., focused on a wide variety of topics of concern to managers of private truck fleets.
The annual survey is open to private and public sector fleet and environmental managers.
BOSTON - In a just-released whitepaper, the Environmental Defense Fund (EDF) and fleet management company PHH Arval have identified and highlighted "effective and replicable strategies" to help medium-duty truck fleets reduce greenhouse gas (GHG) emissions and trim fuel costs.
In the commercial fleet industry, the most common amortization rate used for establishing a depreciation reserve is 50 months. Recently, some major fleets extended amortization rates on new-vehicle orders.
According to industry analysts, most vehicle segments increased in vehicle depreciation in 2009 due to such factors as extended replacement cycling, shifts in the wholesale vehicle market, and higher capitalized vehicle costs.
Fuel costs, the largest fleet operating expense, declined dramatically in the 2009 calendar-year due to a sharp decline in worldwide consumption. Also, many fleets have downsized, which contributed to a lower overall fuel spend.
OTD was affected by plant closures due to Chapter 11 reorganizations by GM and Chrysler, an economic downturn that decreased fleet and retail sales, and shipping delays caused by less-than-full loads for railcars and transporters.
Companies improved their miles per gallon an average of 16 percent in their first year of utilizing PHH GreenFleet, according to PHH Arval.
As more regulations are put in place to reduce greenhouse gas emissions and the “going green” movement continues to expand, here are a few strategies fleets have used to green their operations.
The study shows economic conditions are accelerating fleet environmental initiatives in some organizations; cost continues to be perceived issue.
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