Market Trends

Market Trends

1  -  10  of  10

Return of 'Normal' Used-Vehicle Market Demands Seasonal Remarketing Strategy

December 31, 2013

For the past three years, everyone has been a remarketing genius. The low inventory of used vehicles in the wholesale market helped inflate resale values by about 10 percent. However, as greater volumes of used vehicles begin to enter the wholesale market, vehicle supply will start to meet buyer demand, which will put downward pressure on resale values. In many ways, the new used-vehicle market will demand returning to the basics, namely recognizing the seasonality of the used-vehicle market.

Tags: Depreciation, Market Trends, Used-Vehicle Prices

Author: Mike Antich | Posted @ Tuesday, December 31, 2013 12:00 AM | » Comments(1)

10 Strategies to Curb Medium-Duty Truck Operating Costs

March 18, 2013

There is ongoing upward pressure on operating costs for medium-duty truck fleets. Factors impacting operating costs are volatile diesel prices, replacement tire costs, and longer service lives, which are increasing maintenance expenses due to component failures, escalating parts prices, and higher labor rates. Here are 10 strategies fleets are employing to mitigate these cost increases.

Tags: Operating Costs, Medium-Duty Trucks, Tires, Mike Antich, Disc Brakes, Market Trends, Rightsizing, engine governors, LED Lighting

Author: Mike Antich | Posted @ Monday, March 18, 2013 12:00 AM | » Comments(2)

Resetting Management's Future Resale Expectations

July 13, 2012

All good things eventually come to an end. So, too, will today’s abnormally high used-vehicle prices. Today's resale values are an anomaly caused by a decrease in used-vehicle inventory in the wholesale market, resulting from the extremely low sales of new vehicles from 2009-2011. You need to educate management that today’s resale values will decline. Otherwise, you run the risk of being management’s future scapegoat for declining resale values due to their misperceptions of the market.

Tags: Remarketing, Black Book, ADESA, Market Trends

Author: Mike Antich | Posted @ Friday, July 13, 2012 12:00 AM | » Comments(2)

New Liability Exposure: Employee Drivers Using Medical Marijuana

June 29, 2012

Eighteen states and the District of Columbia have legalized medical cannabis (marijuana) or have decriminalized it. What are the fleet ramifications of drivers operating a company-provided vehicle while using medical marijuana under the care of a physician? What are the corporate liability issues if a driver with a medical marijuana prescription is involved in a preventable accident? Let's address these questions and determine what you can do to minimize your corporate liability exposure.

Tags: Liability, Market Trends, HIPAA, medical marijuana, Alaniz and Schraeder, LLP

Author: Mike Antich | Posted @ Friday, June 29, 2012 12:00 AM | » Comments(5)

Poor Truck Ergonomics 'Cramp' Fleet Productivity

March 30, 2012

A one-size-fits-all approach to truck specifications is an ergonomic minefield, which could have litigious consequences. In addition, there are increased field complaints about “less-than-ergonomic” upfit decisions. Besides health issues, poor ergonomics is also a key contributor to preventable accidents. Proactively resolving ergonomic issues can have a significant impact in reducing workers’ comp costs, improving productivity, and decreasing fatigue-induced driver errors.

Tags: Market Trends, truck fleets, Workers' Compensation, Ergonomics, Antich, Truck Specs

Author: Mike Antich | Posted @ Friday, March 30, 2012 12:00 AM | » Comments(2)

Will Fuel Overtake Depreciation to Become the No.1 Fleet Expense?

March 20, 2012

The recent breathtaking increase in gasoline and diesel prices gives us a reality check as to how quickly fuel can dramatically increase fleet operating expenses. With fuel prices at a near all-time high and ongoing strong resale values decreasing depreciation costs, will fuel costs overtake depreciation as the No. 1 fleet expense in 2012, as it almost did in 2006?

Tags: Depreciation, Mike Antich, Gasoline Prices, fuel cost, Market Trends

Author: Mike Antich | Posted @ Tuesday, March 20, 2012 12:00 AM | » Comments(2)

Total Fleet Cost is Proportional to Fleet Size

February 27, 2012

Every fleet manager is feeling the pressure to reduce costs. The best place to have maximum impact is to reduce overall fleet size and/or modify vehicle composition. A fleet's total cost is directly proportional to the total number of vehicles in operation, which drives all fixed and operating costs, such as fuel, replacement tire expenses, depreciation, accident repair costs, etc. If you can reduce overall fleet size, all other cost categories will decrease correspondingly.

Tags: Valero, Mike Antich, Market Trends, Rightsizing, Total Cost of Ownership

Author: Mike Antich | Posted @ Monday, February 27, 2012 12:00 AM | » Comments(4)

Regulatory Activism Adding Administrative Burden to Truck Fleet Managers

January 19, 2012

Between 2001 and 2010, there were a record 38,000 new regulations published in the Federal Register. One sobering caveat is that these regulations do not include the even larger number of regulations introduced by state, county, and municipal governments, along with local regulatory agencies. Invariably, this multitude of regulations has impacted fleet management.

Tags: Regulations, Mike Antich, Market Trends, Federal Register, FDA

Author: Mike Antich | Posted @ Thursday, January 19, 2012 12:00 AM | » Comments(2)

Global Fleet Management:<br> There are More Similarities than You Think

January 9, 2012

Many of the challenges facing U.S. fleet managers are identical to the challenges facing your counterparts managing fleets elsewhere in the world. Many of these fleet trends extend beyond the U.S. and are offshoots of much larger global trends. Oftentimes, best practices in fleet management emerge from outside the U.S., which is good reason for you to familiarize yourself with what's occurring in other global fleet markets.

Tags: Sustainability, Downsizing, Mike Antich, global fleet, Market Trends, Rightsizing

Author: Mike Antich | Posted @ Monday, January 9, 2012 12:00 AM | » Comments(1)

Overloading is the No. 1 Danger Facing Your Fleet

November 29, 2011

Overloading is an ongoing industry problem. Besides violating numerous state and federal regulations, when a vehicle is overloaded its emergency handling capability is reduced, operating expenses increase, and service lives decrease. Statistics show that overloaded and improperly loaded trucks are among the leading causes of truck accidents and the number one cause of unscheduled maintenance.

Tags: Mike Antich, Market Trends, overloading, payload capacity

Author: Mike Antich | Posted @ Tuesday, November 29, 2011 12:00 AM | » Comments(0)

« Previous1Next »

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



GotQuestions?

LUBRICANTS

The expert, Mark Betner from Citgo will answer your questions
Ask a question

Sponsored by

Magazine