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TAG SEARCH RESULT: Operating Costs

1  -  20  of  36

October 19, 2017

Survey: Fleets Investing in Technology to Cut Costs

In a recent survey of the transportation industry by Teletrac Navman, 39% of fleets named reducing costs as a top business goal in 2017.

July 20, 2017

Demand More From Your Fuel Card Provider

The advantages of tracking driver spending can't be overstated, as the data provided can help fleet managers assess if drivers are efficiently purchasing fuel, as well as identify high-performing vehicles and drivers who can serve as examples to the rest of the fleet.

June 9, 2017

Overt & Hidden Costs of Extending Truck Replacement

Extending truck replacement cycling parameters beyond stated fleet policy is typically a short-term tactic used by senior management to solve a budgetary constraint; however, there are long-term fleet consequences to this strategy.

May 30, 2017

Fleet Operating Costs Remain Stable for Fourth Consecutive Year

The stability of fuel pricing over the past 36 months, along with ongoing improvements in vehicle fuel economy, have been the key factors keeping fleet operating costs relatively flat.

May 22, 2017

Institutionalizing Cost-Control Strategies

Senior management exerts intense pressure on fleet managers to control and/or reduce vehicle acquisition and operating expenses. To accomplish this, a fleet managers can pursue three different cost-control strategies — cost savings, cost deferral, or cost avoidance. In order to implement a successful cost-control strategy you need to institutionalize the mechanisms to curb money-wasting behaviors.

April 25, 2017

Ford, Nissan Top Vincentric's Fleet Value List

Ford and Nissan vehicles appeared most prominently among the vehicles chosen as having the best fleet value by Vincentric for the 2017 model year, the firm that analyzes total cost of ownership announced.

March 1, 2017

Yes Virginia, There is Depreciation

Depreciation is a necessary evil in our industry. Knowing your risks and knowing your OEM partners won’t make depreciation go away but it can make it more manageable.

February 13, 2017

Controlling Creeping Fleet Costs

Running a successful fleet means keeping an eye on both your front office costs, as well as what’s happening in your shop and in the yard.

January 1, 2017

Cost Control is Constrained Without Driver Buy-in

The fundamental requirements of your business necessitates minimum fleet equipment specifications that, as a result, pre-define the expense parameters from both a fixed and operating cost perspective. If you acquire vehicle assets that best fulfill your fleet application, then any supplemental cost reduction will only be based on incremental refinements The best way to achieve additional cost reduction is by modifying driver behavior.

November 21, 2016

Tires are a Depreciating Asset: 10 Ways to Slow the Rate of Depreciation

As a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category are a fleet’s second-largest operating expense, exceeded only by fuel. By maximizing tire tread life, you lower per-mile costs, resulting in fewer premature removals and optimizing the condition of tire casings, allowing for multiple retreads.

July 26, 2016

Long-Term Impact of Longer Truck Replacement Cycles

The more expensive the asset, the longer it is kept in service; however, the need for short-term cost savings prompts some fleets to even further extend cycling parameters and defer replacements. But, what are the consequences?

November 27, 2015

Class 3-6 Truck Forecast: Operating Costs Stable

Although the largest operating cost continues to be fuel, the No. 1 challenge facing medium-duty truck fleets is cost containment. There is always pressure to reduce costs, but management is exerting even more pressure than in recent years.

November 2, 2015

Flat Fuel Prices Forecast to Extend Through 2016

Lower prices for gasoline and diesel have been a welcome relief for fleets, in some cases, reducing operating costs by 25-30 percent. While the past three years have been heaven-sent for the fleet industry overall, it has had a dramatic impact on fleets operated by energy companies, which are scrambling to cut costs to offset the decline in oil prices. The unfortunate fact of life is that one person’s fortune is sometimes another’s misfortune.

October 16, 2015

Operating Costs Flat for Third Consecutive Year

Calendar-year 2015 marks the third consecutive year that fleet operating costs have remained stable compared to the past three years, primarily due to the continuing softness in gasoline and diesel prices. Replacement tires, the second highest operating cost, were stable due to the ongoing softness in commodity prices, primarily rubber and oil, while increased maintenance intervals contributed to lower maintenance costs for fleets. The forecast is more of the same for CY-2016.

May 8, 2015

Utility Service Trucks Analyzed in Benchmarking Study

Utilimarc's benchmarking report for light-duty service trucks uses data from 40 utility fleet clients and includes more than 3,600 vehicles under 20,000 GVWR with a service body without an aerial device.

January 30, 2015

Report Compares Half-Ton Pickup Costs, Uses in Utility Fleets

A report from Utilimarc looking at more than 5,500 half-ton pickups from the company’s utility clients, compares operating costs, average miles driven, acquisition costs and repairs of 4x2 versus 4x4 half-ton pickups.

October 20, 2014

15 Factors Putting Downward Pressure on Fleet Operating Costs

For the second consecutive year, total fleet operating costs have remained flat for commercial fleets when compared to the prior year. This blog identifies the 15 factors that are putting downward pressure on fleet operating costs.

December 6, 2013

Case Study: Water District Reduces Operating Costs with Telematics

Forced to establish mandatory water usage restrictions, Eastern Municipal Water District needed to reduce operating and labor costs to make up for shrinking revenues from lower customer consumption.

March 18, 2013

10 Strategies to Curb Medium-Duty Truck Operating Costs

There is ongoing upward pressure on operating costs for medium-duty truck fleets. Factors impacting operating costs are volatile diesel prices, replacement tire costs, and longer service lives, which are increasing maintenance expenses due to component failures, escalating parts prices, and higher labor rates. Here are 10 strategies fleets are employing to mitigate these cost increases.

September 14, 2012

ATRI: Trucking Operational Costs Continue to Rise

ARLINGTON, VA – The American Transportation Research Institute (ATRI) has released the findings of its 2012 update to "An Analysis of the Operational Costs of Trucking."

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