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October 7, 2008

Kenworth T800s Help Pave the Way for Thomas Cavanagh Construction Success

ASHTON, ONTARIO – When Mike Cavanagh sees the fleet of Kenworth T800s hauling rock and aggregate to help build a new section of Highway 7, outside of Ottawa, he marvels at the growth the company has achieved over the past 50 years.

Tags: Cavanagh Construction, Kenworth, T370, T800

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The Credit Crisis Impact on Fleet? Look to 1973 for Clues

By Mike Antich
Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

By Mike Antich
October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.

Don't Let Drivers Grow Complacent with Lower Fuel Prices

By Mike Antich

94% of Fleet Managers Don’t Know the Whereabouts of Their Fleet Vehicles