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Vehicle replacement decisions affect every aspect of fleet performance, from operating costs to asset availability. This guide explores how fleet leaders use integrated data, benchmarking, and lifecycle analytics to determine the right fleet size and optimize replacement timing with greater confidence.
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Replacing a single front headlight on two-thirds of vehicles rated good by the Insurance Institute for Highway Safety (IIHS) costs upwards of $1,000 — more than double the average insurance deductible of $500.
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Using telematics and fuel card integrations, a fleet manager identified driving habits that helped improve one of his truck's cost per mile.
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The price of regular unleaded gasoline has fallen to $2.46 per gallon, which has reached a low point for 2018 and is 2 cents lower than the price from a year ago, according to AAA.
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In November, sales of vehicles to commercial fleets increased 18.2% to 60,967, while sales into daily rental increased 6.4% to 122,433. Sales to government agencies increased 4.6% to 20,386.
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The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.
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Citing the higher cost of crude oil, many major manufacturers of finished lubricant products increased prices from 5% to 8% in CY-2018. Plus, each model-year, more OEMs require the use of more expensive synthetic motor oils.
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WEX Inc. and Chevron U.S.A. Inc. have reached an agreement to bring card services to Chevron and Texaco business card fleet customers, WEX has announced.
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Negative emotions such as anger and sadness have a physical effect on the body — shrinking one's field of vision — so it's important to keep emotions under control while driving.
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The Chevrolet Silverado 1500 beat out 47 other trucks to earn the 2018 Fleet Truck of the Year award for the second year in a row.
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The best-available headlights on 32 of 165 2018 models evaluated by the Insurance Institute for Highway Safety (IIHS) earned the highest rating of good — marking a significant improvement over only two of 95 2016-model headlight systems that earned a good rating.
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