This special report over five articles provides an in-depth examination of 2021 operating cost trends for fuel spend, scheduled/unscheduled maintenance, replacement tire prices, PM spend, warranty recovery, and a forecast of CY2022 expenses.
November 1, 2021
Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
October 28, 2021
A variety of factors converged to exert upward pressure on preventive maintenance costs, such as longer vehicle service lives due to limited product availability, the ongoing transition to synthetic oils, and higher labor rates to attract scarce technicians.
October 27, 2021
Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
October 27, 2021
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
October 26, 2021
Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.
October 26, 2021
Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021
October 26, 2021
As OEMs design and manufacture their next-gen connected vehicles, there are concerns about disruptions to connectivity that potentially could prevent access to the cloud with the possibility of impacting some vehicle functions.
December 30, 2020
The key to reducing asset variability is to involve user groups early on and to gain their buy-in by framing the asset simplification discussion as ways to enhance user productivity and safety, and creating cost efficiencies that contribute to P&L objectives.
November 23, 2020
A new commercial vehicle (CV) strategy is being implemented by Ford to make commercial vehicles a larger part of its business. Executing this new strategy is Ted Cannis, general manager, Commercial Vehicles for the U.S. and Canada.
November 18, 2020
A tech’s pay is determined by the type of job and whether they can complete the repair in less time than specified by the flat-rate, which will allow them to increase their work volume.
July 13, 2020
Now is when the fleet industry should be proactively identifying these future technicians. The fleet industry has a window to tap into this idled labor pool, who will look attractive to other industries experiencing labor shortages leading to increased competition to recruit this talent.
April 2, 2020
As fleet manager, your mission is to lower potential infections among those using fleet assets and to minimize the risk of spreading the virus to others with whom drivers interact.
March 23, 2020
Joseph Holman, chairman emeritus of Holman Enterprises, passed away on Dec. 12. He was 93.
December 16, 2019
Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.
December 13, 2019
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