During economic uncertainty, senior management demands expense reductions and limits capital expenditures. Since fleet is usually among the top 10 corporate capital expenditures, there is pressure to defer vehicle replacements. However, this cost-containment strategy misses the point that all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. Cost reductions in acquisitions are often offset by rising costs elsewhere.
Niblett Trucking LLC to Downsize
DENTON, TX – Niblett Trucking LLC will likely cut its fleet size in half because of rising diesel prices and lower trucking wages, according to the Denton Record Chronicle.