December 4, 2008 - Industry News
TORRANCE, CA – Are you managing your truck fleet effectively? Sign up now for Work Truck magazine's free, 60-minute Web seminar next Wednesday, Dec. 10 at 11 a.m. PST.
Tags: fleet management, Truck Fleet, Webinar, work truck
November 11, 2008 - Industry News
DETROIT – Ford Fleet is sponsoring a free, interactive, 60-minute event — “Learn How to Manage Your Truck Fleet More Effectively” — Dec. 10, at 11 a.m. (PST)/2 p.m. (ET).
Tags: Ford, Ford Work Solutions, Manage, Truck Fleet
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By Mike Antich The ongoing volatility of gasoline prices has prompted a growing number of fleets to transition to four-cylinder engines. This transition started in the 2008-MY and accelerated with 2009-MY ordering, when gas prices surpassed $4 per gallon in the summer of 2008. Early indications are that the migration to four-cylinder engines will continue with 2010-MY ordering. We have already seen glimpses of this trend in the 2010 RFPs submitted to major OEMs.
By Mike Antich LIBOR was developed in 1984 as a measure of the real rate at which banks lend money to each other. Since the early 1990s, LIBOR has been used as a funding index for fleet leases. However, when the recent turmoil in the financial markets prompted governments to "backstop" bank borrowing, the cost of lending money began to represent a government-guaranteed rate, which no longer correlated to fleet lessor costs.
By Mike Antich
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