Pandemic’s Disruption Keeps 2020 Fleet Operating Costs Flat

Pandemic’s Disruption Keeps 2020 Fleet Operating Costs Flat

Calendar-year 2020 has the dubious distinction of being the most calamitous year in the history of fleet management. Although disruptive, the pandemic did have a positive impact that kept CY-2020 fleet operating costs flat compared to 2019. The lockdowns,...
Forecasting Tire Price Trends in 2020

Forecasting Tire Price Trends in 2020

Predicting future tire costs is very difficult due to the many variables that influence tire pricing. The unpredictable cost variable for tire prices is the price of commodities, such as oil, rubber, and steel, which are three key ingredients needed to manufacture...
Higher Labor Rates Pushing Up Total Fleet Maintenance Costs

Higher Labor Rates Pushing Up Total Fleet Maintenance Costs

Maintenance costs have steadily trended upward over the past 12 months as a result of more complex vehicle technology, the ongoing skilled labor shortages, increased replacement tire prices, and the proliferation of engines that require higher cost synthetic motor...