Market Trends

Is Fleet Management Devolving to Crisis Management?

Since the start of the 21st century, seven short years ago, fleet managers have been buffeted by one major crisis after another. Following 9-11, there was an overnight meltdown in residual values. Then, Hurricane Katrina triggered fuel prices to skyrocket to $3 a gallon, literally overnight. If someone told us in 1999 that resale values would plummet 30 percent in the space of months and that fuel prices would exceed $3 a gallon, we would have dismissed these predictions as Chicken Little hyster READ MORE

Author: Mike Antich | Posted @ Tuesday, January 23, 2007 8:09 AM | » Comments(1)

Multi-Tasking While Driving is Causing a Rise in Preventable Accidents

More and more fleet managers rank driver safety as either their number-one or number-two challenge (after the high cost of fuel). One reason for the heightened concern is that fleet managers are reporting an increase in preventable accidents, with the root cause driver distraction. READ MORE

Author: Mike Antich | Posted @ Tuesday, January 16, 2007 9:05 AM | » Comments(0)

Multi-Tasking While Driving is Causing a Rise in Preventable Accidents

More and more fleet managers rank driver safety as either their number-one or number-two challenge (after the high cost of fuel). One reason for the heightened concern is that fleet managers are reporting an increase in preventable accidents, with the root cause driver distraction. READ MORE

Author: Mike Antich | Posted @ Tuesday, January 9, 2007 1:31 PM | » Comments(0)

Will Drivers Ultimately Demand Self-Serve Fleet Management?

The U.S. is migrating to a self-serve economy. Interactive self-service technology permeates large swathes of our economy, with the retail, hospitality, banking, and travel industries being the early adopters. We utilize this technology with ATMs, online banking, pay-at-the-pump fuel stations, Web-based shopping, self-service retail checkout lanes, Internet-enabled travel reservation systems, and touch-screen kiosks to check-in at airports and hotels. Most of us don’t realize how huge this marke READ MORE

Author: Mike Antich | Posted @ Tuesday, January 2, 2007 10:36 AM | » Comments(0)

Will Drivers Ultimately Demand Self-Serve Fleet Management?

The U.S. is migrating to a self-serve economy. Interactive self-service technology permeates large swathes of our economy, with the retail, hospitality, banking, and travel industries being the early adopters. We utilize this technology with ATMs, online banking, pay-at-the-pump fuel stations, Web-based shopping, self-service retail checkout lanes, Internet-enabled travel reservation systems, and touch-screen kiosks to check-in at airports and hotels. Most of us don’t realize how huge this marke READ MORE

Author: Mike Antich | Posted @ Tuesday, December 26, 2006 8:28 AM | » Comments(0)

Telematics Captures the Missing Variables Needed for “Total Fuel Management”

Controlling fuel costs is the number one challenge facing fleet managers, and it has been for the past five years. Nowadays, fuel consumes 28-30 percent of the total fleet budget. READ MORE

Author: Mike Antich | Posted @ Tuesday, December 5, 2006 9:01 AM | » Comments(0)

The Use of Telematics to Increase Fleet Safety

The use of telematics – the combination of global positioning systems (GPS) and remote diagnostics – in fleet continues to grow, providing fleet managers the ability to monitor vehicles and enhance driver productivity, thus saving money by controlling unnecessary idling and miles driven, fuel purchases, accidents, and other fleet functions. READ MORE

Author: Mike Antich | Posted @ Tuesday, November 28, 2006 1:33 PM | » Comments(0)

Fuel Prices Drive Up Fleet Operating Costs in 2006

Fleets were hit hard by the steady rise in fuel prices in 2006. In the past several years, some fleets have seen fuel expenses double or even go higher. Especially impacted were truck fleets as the cost of diesel rose at a faster rate than unleaded gas. READ MORE

Author: Mike Antich | Posted @ Tuesday, November 21, 2006 9:26 AM | » Comments(0)

More Fleets Focusing on Driver Risk Management

Nowadays, when RFPs are issued for accident management services, they are also including requests for driver risk management safety programs. This new emphasis is where the real savings potential is today. READ MORE

Author: Mike Antich | Posted @ Tuesday, November 14, 2006 7:46 AM | » Comments(1)

Using Employee Social Security Numbers to ID Company Vehicles is Asking for Trouble

When Social Security numbers were first issued in 1936, the federal government assured the public that use of the numbers would be limited to Social Security programs. Today, however, the Social Security number (SSN) is the most frequently used recordkeeping number in the U.S. READ MORE

Author: Mike Antich | Posted @ Tuesday, November 7, 2006 9:28 AM | » Comments(0)

Message to Drivers:Driving While Drowsy is the Same as Being Intoxicated

If you are driving while fatigued, you are impaired. Just like alcohol, fatigue affects your ability to drive by slowing reaction time, decreasing awareness, and impairing judgment. If you are overly tired and driving, it is the same as being drunk behind the wheel. READ MORE

Author: Mike Antich | Posted @ Tuesday, October 31, 2006 8:38 AM | » Comments(0)

Vehicle Complexity is Introducing New Fleet Costs

Fleet vehicles last longer. They are safer. They are more technologically advanced. Quality has never been higher. But, as a result, they are much more complex. Automotive technology helps reduce fleet costs, but, in other instances, it introduces entirely new fleet costs, which were hitherto unknown. READ MORE

Author: Mike Antich | Posted @ Tuesday, October 17, 2006 8:33 AM | » Comments(1)

Cost Control Starts with the Company Driver

Fleet policy is a crucial part of a company’s overall cost-control strategy. Invariably, the best-managed fleets are those whose drivers adhere to a written fleet policy. READ MORE

Author: Mike Antich | Posted @ Tuesday, October 3, 2006 9:39 AM | » Comments(0)

2006-MY Was a Tough Year for Fleet Order-to-Delivery

Order-to-delivery times for the 2006-model year got off to a rough start with Hurricane Katrina. The railcar shortage, a spike in sales volume by retail incentive programs, and new-model introductions further aggravated OTD. READ MORE

Author: Mike Antich | Posted @ Tuesday, September 26, 2006 12:15 PM | » Comments(0)

Multiple Airbags & Electronics Increase Repair Costs

Three years ago, the average vehicle had two airbags. Today, vehicles can be equipped with as many as six airbags. Replacing a supplemental restraint airbag system can cost $2,000 to $8,000, depending on accident severity. READ MORE

Author: Mike Antich | Posted @ Tuesday, September 12, 2006 1:40 PM | » Comments(0)

Pennsylvania First State to Make Electronic Vehicle Titles Mandatory

The Commonwealth of Pennsylvania became the first state in the nation to make use of electronic lien and title, or ELT, by vehicle lien holders mandatory. READ MORE

Author: Mike Antich | Posted @ Tuesday, September 12, 2006 12:00 AM | » Comments(4)

20 Ways to Increase Fleet Fuel Economy

Although fuel prices have hit a record high, you can take actions to maximize your fleet’s fuel efficiency. Here are 20 suggestions for drivers to follow to increase fuel economy. most won’t cost you a cent. READ MORE

Author: Mike Antich | Posted @ Monday, August 28, 2006 2:52 PM | » Comments(0)

What Manager Accepts a 20% Defect Rate? Fleet Managers Do

The accident rate for fleets averages around 20 percent, with some industries, such as pharmaceuticals, even higher. In other words, 20 percent or more of your vehicles will be involved in an accident annually. In terms of your fleet safety program, any vehicle-related accident should be viewed as a defect. READ MORE

Author: Mike Antich | Posted @ Tuesday, August 15, 2006 9:46 AM | » Comments(0)

The False Economies of Driver Reimbursement

There are a number of reasons why driver reimbursement continues to be the wrong choice for commercial fleets, ranging from HR issues, safety concerns, liability exposure, corporate image, and tax consequences to employees. READ MORE

Author: Mike Antich | Posted @ Tuesday, August 1, 2006 9:40 AM | » Comments(2)

IRS Auditing More Fleets for Inadequate Personal Use Recordkeeping

If personal use of a company vehicle is allowed, then you are responsible to ensure company compliance with IRS regs and to avoid tax problems associated with unreported personal miles. The reason for this admonition is that more companies are being audited for inadequate recordkeeping of business use. READ MORE

Author: Mike Antich | Posted @ Tuesday, July 25, 2006 9:29 AM | » Comments(-7)

High Fuel Costs Add Pressure to Increase Personal Use Charges

The dramatic spike in the price of fuel has increased the cost of allowing personal use of company-provided vehicles. A growing number of companies now question whether they charge employees enough for personal use to offset the increased cost of fuel. READ MORE

Author: Mike Antich | Posted @ Tuesday, July 18, 2006 9:58 AM | » Comments(0)

The Impact of Sarbanes-Oxley on Fleet Operations

Examined are the implications of the Sarbanes-Oxley Act on fleet incentive monies that are not capitalized into the cost of a vehicle, the sale of out-of-service vehicles to employees, and process controls for decentralized fleets. READ MORE

Author: Mike Antich | Posted @ Tuesday, July 11, 2006 10:21 AM | » Comments(0)

Forecast of Commercial Fleet Buying Intentions for 2007-MY

The forecast is for commercial fleets to purchase a comparable number of vehicles in 2007 as they did in the preceding model-year. The high price of fuel is impacting selectors, as are concerns about rising fleet fixed costs. READ MORE

Author: Mike Antich | Posted @ Wednesday, July 5, 2006 4:10 PM | » Comments(0)

High Cost of Fuel and Weak Retail Sales Softens Resale Demand

Resale values in the wholesale used-vehicle market have softened as retail sales of both new and used vehicles have weakened, said Howard Graus, assistant manager, vehicle remarketing for Automotive Resources International (ARI), a fleet management company headquartered in Mt. Laurel, N.J. READ MORE

Author: Mike Antich | Posted @ Tuesday, June 27, 2006 11:49 AM | » Comments(0)

How to Minimize Vehicle Abuse

A major headache for fleet managers is dealing with drivers who willfully abuse their company-provided vehicles. Although they represent a very small minority of drivers, their actions (or lack of action, in the case of neglect) have a direct bearing on the company’s bottom line and fleet budget. READ MORE

Author: Mike Antich | Posted @ Monday, June 19, 2006 10:51 AM | » Comments(0)

Author Bio

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Mike Antich

Editor and Associate Publisher

Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.

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