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February 27, 2008

CT State Bill Seeks to Exempt Parts and Labor Sales Tax

ALEXANDRIA, VA – TRALA-supported legislation to establish a sales tax exemption for maintenance and repair costs on trucks over 26,000 lbs. was introduced in the Connecticut Assembly on Feb. 14, 2008.

Tags: Connecticut, Parts & Labor, Sales Tax, TRALA

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Replacement Tires: A Growing Fleet Expense

By Mike Antich
Replacement tires are the third-largest expense category for fleets. In the past three years, this expense category has grown as a result of multiple price increases from all major tire OEMs. In 2008, year-to-date tire replacement costs have increased 4-10 percent. This follows a 3-4 percent price increase in 2007 and an 8-10 percent price increase in 2006. The consensus is replacement tire prices will increase again in 2009.

Fuel Continues to be the No. 1 Threat to Fleet

By Mike Antich
The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.

Federal Reserve Invokes Emergency Powers to Support the Commercial Paper Market

By Mike Antich

Anti-Idling Programs: A Quick Way to Reduce Fuel Spend

By Mike Antich

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$10.00

World of Special Finance - March 2008

In This Issue:
Marketing & Sales, Legal, Near & Subprime, Buy-Here, Pay Here and much more…