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Large SUV residual values jumped to 48.6 percent of their original sale price this year, compared with less than 46 percent last year, according to Black Book data. That's about the same resale value as midsize cars and compact SUVs.
Read More →Depreciation continues to be the largest fleet expense; however, fuel, as a percent of total fleet cost is growing (rapidly). Fuel expense is influencing vehicle acquisition strategies, with a direct bearing on future depreciation.
Read More →After rolling out PHH GreenFleet to its entire fleet, the organization expects to improve fuel economy by over 20 percent.
Read More →The program guarantees 50 percent reduction in driver risk during its six-month pilot period.
Read More →The all-new gas-electric pickup truck achieves 40 percent greater city fuel economy and a 25 percent improvement in overall fuel economy over the traditional Silverado.
Read More →Depreciation continues to be the largest fleet expense; however, fuel, as a percent of total fleet cost is growing (rapidly). Fuel expense is influencing vehicle acquisition strategies, with a direct bearing on future depreciation.
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With comprehensive reporting, driver convenience and fuel savings of 15 percent or more, joining a fuel management program should be a no-brainer. Now the hard part –which program is best suited for your fleet?
Read More →From July 1 to Sept. 30, resale values fell by more than $300 for about 70 percent of older models, compared to just over 20 percent in the three-month period ending Aug 1.
Read More →ARLINGTON, VA – The line-haul driver turnover rate among large for-hire truckload carriers (fleets with at least $30 million in annual revenue) experienced its first quarterly decrease in a year during the 2007 second quarter.
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The average fleet claim severity for 2006 was $1,869.87, an increase of $48.81 over 2004. Also experiencing a slight increase in 2006 was the percent of accidents deemed preventable.
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