Market Trends

Tires

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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)

The Impact of Larger Diameter Tires on Fleets

February 28, 2013

The average replacement tire cost per month rose 15 percent, and, on a cost-per-mile basis, rose 10 percent in 2012 compared to 2011. There are a variety of factors influencing tire costs, such as commodity prices and increased global demand; however, the industry-wide retail trend to larger diameter OE tire sizes is a key factor in driving up replacement tire prices in the past decade.

Tags: GE Capital Fleet Services, Tires, Modern Tire Dealer Magazine, fleet tire costs

Author: Mike Antich | Posted @ Thursday, February 28, 2013 12:00 AM | » Comments(1)

Top 15 Fleet Maintenance Trends in 2013 & Beyond

February 13, 2013

Vehicle quality continues to improve and extended powertrain warranties have covered some expensive repairs, which occur at higher mileage. Although quality has increased, vehicles are becoming more complex, especially with the proliferation of new onboard technologies. In this context, what follows are the top 15 maintenance trends for passenger cars that are facing commercial fleet managers in 2013 and beyond.

Tags: Replacement Tires, Motor Oil, Tires, Re-refined oil, Replacement Parts, Labor Costs, Extended PM Intervals, Synthetic Motor Oils, Post-Warranty Recovery, Antich, Fleet Maintenance

Author: Mike Antich | Posted @ Wednesday, February 13, 2013 12:00 AM | » Comments(1)

What Percentage of Your Budgeted Fleet Dollars are Wasted?

January 17, 2013

How much of a fleet’s annual budgeted dollars are wasted? Is it 5 percent, 10 percent, or even more? In my mind, eliminating waste is the proverbial low-hanging fruit. Before implementing new fleet initiatives requiring new dollars, let’s make our No. 1 priority to stop the waste of existing dollars. Let's examine the fleet-related areas that are rife with waste and discuss the protocols you need to minimize it.

Tags: Depreciation, Idling, Driver Training, Fuel Management, Tires, budgeting

Author: Mike Antich | Posted @ Thursday, January 17, 2013 12:00 AM | » Comments(3)

Top Fleet Maintenance Trends for 2012-2014

February 21, 2012

The price of parts is expected to rise as raw materials and manufacturing costs increase. There will continue to be ongoing upward pressure on replacement tire prices, particularly for commercial trucks. Oil drain intervals will continue to be extended, especially as OEMs migrate to the GF-5 motor oil standard, which provides better wear protection. However, two-thirds of all fleet maintenance expenses continue to be PM-related, which requires relentless monitoring of driver PM compliance.

Tags: Preventive Maintenance, Tires, Replacement Parts, maintenance trends

Author: Mike Antich | Posted @ Tuesday, February 21, 2012 12:00 AM | » Comments(1)

The Cost of Operating a Fleet Will Increase

May 10, 2010

It will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs will increase. Fuel prices, in all likelihood, will trend upward and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules. In addition, vehicle-related taxes will increase. Let's examine the dynamics that will force fleet expenses to escalate.

Tags: Operating Costs, Wheels Inc., Budget Rent A Car, PHH, Tires

Author: Mike Antich | Posted @ Monday, May 10, 2010 11:25 AM | » Comments(5)

Replacement Tires: A Growing Fleet Expense

October 14, 2008

Replacement tires are the third-largest expense category for fleets. In the past three years, this expense category has grown as a result of multiple price increases from all major tire OEMs. In 2008, year-to-date tire replacement costs have increased 4-10 percent. This follows a 3-4 percent price increase in 2007 and an 8-10 percent price increase in 2006. The consensus is replacement tire prices will increase again in 2009.

Tags: Replacement Tires, Tires

Author: Mike Antich | Posted @ Tuesday, October 14, 2008 7:49 AM | » Comments(2)

Pros & Cons of TPMS for Class 3-8 Truck Tires

May 23, 2008

The U.S. Department of Transportation is expected to release its revised medium-truck tire standard (FMVSS No. 119) during the second half of the year. However, it is anticipated that it won’t contain a provision calling for the use of a Tire Pressure Monitoring System (TPMS) for Class 3-8 commercial trucks. TPMS is an electronic system that monitors the air pressure inside pneumatic tires. Should TPMS be mandated for commercial trucks over 10,000 lbs.? Here are three reasons supporting this.

Tags: Fuel Savings, TPMS, Tires

Author: Mike Antich | Posted @ Friday, May 23, 2008 1:24 PM | » Comments(3)

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