FORT LAUDERDALE, FL – In an annual survey conducted by PHH FirstFleet, fleet managers identified new issues and industry trends. Most notably, while fuel costs and safety risks are still top concerns for America’s private truck fleets, the majority of owners and managers are putting off new 2007 engines purchases and looking to outside industry consultants to help drive down operational costs.
PHH FirstFleet’s survey canvassed an array of topics relevant to the industry, including fuel economy and fleet management. Findings include:
- Sixty-three percent of fleet managers said they are putting off 2007 engine purchases.
- Seventy-nine percent said they were contending with the 2007 change by stocking up on 2006 engines.
- Thirty-four percent of respondents thought that ultra low sulfur diesel (ULSD) had little to no impact on fuel costs, while 30 percent felt the ULSD had at least somewhat of an impact. And in terms of what issues fleets are experiencing as a result of using ULSD fuel, 75 percent felt that it was too early to tell. Nearly 13 percent indicated lower fuel economy. Just over seven percent cited fuel availability, while almost four percent felt their fleets experienced a loss in engine power.
- When asked about what initiatives fleet managers are planning in order to gain back the fuel economy lost to ULSD regulations, nearly 24 percent confirmed the use of technology tools, such as telematics.
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