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FleetManagementWeekly
November 22, 2023

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Editor’s Analysis & Top Industry News

Let Us Be Grateful!

“Let us be grateful to the people who make us happy.

They are the charming gardeners who make our souls blossom.” ~ Marcel Proust

Our Best Wishes for a Happy and Safe Thanksgiving

 

All of Us at Fleet Management Weekly


VIDEO: Easily Oversee the Entire Remarketing Process with the OVRView App

FLD’s Customer Advisory Board is using the OVRView App to fight fleet disruptions and keep track of their end-of-lease vehicles.

VIDEO: Better Repairs


  Ditch the Downtime Blues
 

Managing repairs is a pain for every fleet manager. What if there was a platform that could automate the entire process? Enter ServiceUp.

Dive into the ServiceUp story with Andy Klobnock, COO, as he shares what inspired the company’s journey and what sets it apart from traditional fleet repair platforms. 


Zoom Video Interview with You Here?

  Request for Zoom Video Interviews
 

We now conduct the majority of our interviews via Zoom, and are looking to speak with a variety industry experts (and we know that many of you are reading!).

Please feel free to suggest yourself, or someone you know. Any and all timely industry topics will be considered, and we look forward to speaking with you!

Email Ted Roberts to learn more: [email protected].


Spotlight

Webinar: The 100 Best Fleets of the Americas Kickoff NAFA Webinar: The 100 Best Fleets of the Americas Kickoff

100 Best Fleets lead judge, Mike Brennan, and NAFA CEO Bill Schankel, CAE will kickoff the 2024 contest with an informational webinar on this year’s contest.

Take a deep dive into the application and selection process, and gain valuable tips for ranking higher in the 100 Best list.

Join the 100 Best Fleets of the Americas Kickoff Webinar (free) on December 6, 2023, 12:00 – 1:00 p.m. ET. To register, click here.

READ MORE

Sofico and Astorg Announce New Strategic Partnership Sofico and Astorg Announce New Strategic Partnership

Sofico, global software provider for the automotive finance, leasing, fleet and mobility industry, announces, together with its current financial partner Apheon, a new strategic partnership with Astorg, a leading Pan European private equity company.

Gémar Hompes, CEO at Sofico: “The interest shown by a renowned company like Astorg in Sofico is a testament to our drive for excellence, our adherence to strong company values and the pivotal role of our passionate people.

READ MORE

Commercial Fleet Management Systems in Americas Reaches 15+ Million Commercial Fleet Management Systems in Americas Reaches 15+ Million

According to a new report from leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 15.3 million in Q4-2022.

At the end of 2022, the top-30 vendors together had nearly 15 million vehicles under management in the region and the top-10 alone represented 50 percent of the total installed base in the Americas.

Geotab, Verizon Connect and Samsara are the leading fleet telematics providers in the Americas in terms of the number of active fleet management subscribers in the region.

READ MORE

Session Topics for AFLA 2024 Canada Summit! Session Topics for AFLA 2024 Canada Summit!

Join AFLA for the 2024 Canada Summit on February 14 – 15, 2024 in Toronto, Ontario. The Summit Task Force has developed a robust program of sessions including:

-Differences Between US and CA Fleets
-Realistic EV and Sustainability Practices in CA
-Regulatory and Compliance
-Emerging Technologies
-Safety – Hitting the Reset Button
-Fleet Manager Roundtable Discussions and more!

Register now to receive valuable takeaways from the latest trends, technology, and regulations in the Canadian fleet industry!

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Energy Grid Evolution


By David Lewis, Founder and CEO, MoveEV

The current energy grid was not designed for vehicles that require electricity for fuel. However, the expected surge in EV demand is proceeding in tandem with the evolution of the energy grid.

McKinsey recently estimated more than 48 million EVs will be on the road by 2030, creating an annual charging demand of up to 230 billion kilowatt hours ― a vast leap from the estimated 11 billion kWh today.

Thankfully, a nationwide effort is underway to allow EV drivers to maximize the capacity of the existing grid ― and, in some cases, even add to its capacity.

READ MORE

 

Connected Vehicles


By Sumit Chauhan, Co-founder and Chief Operating Officer, CerebrumX

The demand for data-driven services in the automotive sector has witnessed a steep rise with the growth of the mobile economy and the resulting monetization of this connected vehicle data.

Today, the importance of accessing valuable data and using it to improve driving experiences holds true for many industries, including fleet management.

Companies that can access data, manage it intelligently and gain constructive insights, hold a competitive advantage over the competition.

READ MORE

 

Fleet Benchmarking


Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management announced results from its latest industry benchmark survey.

The company took the pulse of industry leaders on topics ranging from equipment utilization and operational trends; preferred financing methods; alternate fuel trucks; and barriers to adoption of alternate fuel trucks.

“It continues to be clear that business agility, financial flexibility, and a strategic eye toward future fuel options remain front and center for companies with transportation fleets and for-hire fleets,” said Brian Antonellis, CTP, Senior Vice President of Fleet Operations, for Fleet Advantage.

READ MORE


Trending

Getting Digital: The Safety of Retail Delivery Fleets

As e-commerce demand continues to rise, so does a retailer’s reliance on its delivery fleets. In fact, the fleet management market is projected to reach $52.50 billion by 2030.

In a survey with Expert Market, the most common priorities for fleet operators in the next year are to reduce costs, increase operational efficiency, and increase the productivity of drivers. Fortunately, technology can help them meet all of these goals, particularly when making use of scanning tech.

In particular, scanning technology can help improve safety in retail delivery fleets by improving tire safety, enhancing regular fleet maintenance, and strengthening vehicle damage assessment.

via RIS News

Edmunds EV Charging Test – Hyundai & Kia Lead the Way

A recent initiative by Edmunds, the EV Charging Test, has brought forth a significant development in benchmarking the charging speeds of electric vehicles.

Topping the list in the Edmunds EV Charging Test is the 2024 Hyundai Ioniq 6 Limited RWD (Single Motor), leading impressively with a charging rate of 868 miles per charging hour. Close on its heels, the 2022 Kia EV6 Wind RWD takes the second spot with a commendable 769 miles per charging hour. The 2024 Hyundai Ioniq 6 Limited AWD (Dual Motor) secures the third position, showcasing a charging speed of 764 miles per charging hour.

These results highlight the advancing strides being made by manufacturers in EV charging technology.

via CleanTechnica

Frito-Lay Unveils its First All-Electric Truck Fleet in the US

Snack giant Frito-Lay has launched its first 100% all-electric truck fleet at one of its North Carolina distribution sites.

Frito-Lay’s electric truck fleet is based out of the snack giant’s South Charlotte Product Exchange Center (PEC). It consists of 28 Ford E-Transits and a “wide array of charging solutions.” It’s working with Atom Power on that front and with Duke Energy for power.

Ryan Kennedy, the CEO of Atom Power, said, “It was exactly what they needed for this depot, which was highly reliable charging infrastructure, large-scale energy management, and that’s what we do fundamentally as a company.”

via Electrek

Hertz and EVgo Partner to Offer EV Renters One Year of Special Charging Rates

DC fast charging network EVgo has announced a new deal with rental car company Hertz that offers drivers renting an electric car from any Hertz location in the US with discounts on charging for a year, with no subscription or session fees.

“When people experience an EV for the first time, whether through a rental or riding along as a passenger, they see the benefits firsthand of quieter operation, smoother handling, quick acceleration, and of course, no tailpipe emissions,” says Maggie Tallman, EVgo senior vice president of business development and solutions. “By partnering with Hertz to expose new drivers to the electric experience, we can inspire more prospective EV drivers to make the switch and welcome them to the electric revolution.”

via Electrek

Threats to Pedestrians


By Dave Bean, Editor, FMW

Those SUVs, pickups and vans whose front-end profiles are taller than 40 inches are about 45% more likely to kill pedestrians when struck, than comparable lower profile vehicles.

In the past three decades, passenger vehicles in the U.S. have widened by around 4 inches, as well as grown 10 inches longer. They are also 8 inches taller and half-a-ton heavier.

“Some of today’s vehicles are pretty intimidating when you’re passing in front of them in a crosswalk,” IIHS President David Harkey said. “These results tell us our instincts are correct: More aggressive-looking vehicles can indeed do more harm.”

READ MORE

 

After the Strike


By Tanner Lee, Kingbee

Much has been written about the last six weeks of the historic strike against Ford, GM, and Stellantis. But in the final days of October, the United Auto Workers and the Big 3 reached an agreement.

Included in the agreement are a 25% increase in pay over four years, as well a restoration of cost-of-living increases that were suspended in 2009, totaling to increases over 30%.

Ford forecasts an increase in labor costs by roughly $850 to $900 per vehicle produced. It’s unclear whether or not those price increases will apply to large orders of commercial fleet vehicles, but fleets should brace themselves anyway.

Kingbee helps fleets adapt their inventory based on real-time demand signals, instead of relying on long-term forecasts.

READ MORE

 

Sustainable Solutions


By FMW Staff

FMW recently had the privilege of sitting down with seasoned expert Jim Perkins, the Head of Fleet Solutions for Shell Oil Products, US.

While electrification is one of the most popular sustainability initiatives among fleets, there are many other ways that fleets can achieve immediate sustainability gains.

One way is with fuel card data. The data can help a customer identify unnecessary purchases and reduce fuel consumption. Sometimes a customer will even identify inefficient purchasing of fuel. This, too, can reduce consumption.

“Electric vehicles are the future, but fleet owners are looking for how to be more sustainable today. Again, it goes back to having a partner, somebody that can guide you through a plan or at least point you in the direction of the best opportunities,” said Perkins.

READ MORE





Fleet Management Resources

 

AFLA
The Automotive Fleet & Leasing Association. Advancing corporate fleet worldwide.

FLD
The fast, easy way to remarket without risk. Get an offer in hours, paid in a few days. Improve TCO. Save time, money and resources.

PARS
PARS’ mission is to provide you with high-quality service at competitive prices for all of your transportation needs.

Driving Dynamics
Driving Dynamics was established to help corporate fleet drivers develop expert, safe driving skills using proven, advanced driving techniques.

Fleet Street
Fleet Street has 30+ years of experience and knowledge using a spectrum of wholesale and retail channels to simplify your involvement in the remarketing process.

SuperVision
SuperVision is a fleet driver management solution for MVR & license monitoring, fleet management, fleet safety oversight and driver performance and retention.

eDriving
eDriving partners with its clients to engage with drivers and their managers to create a culture that supports lasting behavioral change to reduce collisions, injuries, license violations as well as a fleet’s total cost of ownership.

NAFA Fleet Management Association
NAFA is the association for the diverse vehicle fleet management profession regardless of organizational type, geographic location, or fleet composition.

Wheels
Helping vehicle fleets exceed their business goals since 1939, Wheels is committed to truly understanding your unique needs and providing solutions to help you succeed.




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