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FleetManagementWeekly
January 10, 2024

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Editor’s Analysis & Top Industry News

Moving Forward in 2024

The fleet world is moving boldly forward in 2024, and we have the privilege of covering this dynamic industry in changing times! 

One big change we’ve noticed is the increasing prevalence of rental vans to help fleets compete, and in today’s edition Kingbee’s Tanner Lee writes about how his company’s rental vans have helped Amazon remain competitive. Read it here.

Are You Marketing to Fleet Professionals?

If the answer is yes, Fleet Management Weekly has a number of ways to do that successfully and affordably. Email me at [email protected] to learn more about how we can help you out.

Congratulations to our own talented Dave Bean, who has been promoted to the role of Content Editor! Dave & I are excited to see a lot of you at Work Truck Week in Indianapolis is just two short months.

Ted Roberts
President


VIDEO: Seeing EVs as a Bridge to the Future

Many fleets are still working out what true sustainability looks like, but – for the moment – EVs can be seen as a bridge to a greener future.

VIDEO: Detection and Prevention


  The Best Tech to Detect and Prevent Distractions
 

Nauto is a mission-driven AI company that was founded with the intention to prevent collisions and save lives.


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

Dave Bean Named Content Editor at Fleet Management Weekly Dave Bean Named Content Editor at Fleet Management Weekly

By Janice Sutton, Editor in Chief

Ted Roberts and I are delighted to announce that Dave Bean, formerly Associate Editor at Fleet Management Weekly, has been promoted to FMW’s newly created position of Content Editor.

Bringing with him an extensive background in the automotive market, Dave joined FMW in February 2022.

Ted Roberts said, “Not only is Dave smart, creative and an incredibly quick study, he’s also a breath of fresh air. This is a well-earned promotion.”

READ MORE

Work Truck Solutions’ Annual Review Reveals Stable Demand for Commercial Vehicles Work Truck Solutions’ Annual Review Reveals Stable Demand for Commercial Vehicles

Work Truck Solutions has released its 2023 Annual Commercial Vehicle Market Analysis. Amid the dramatic shifts in inventory numbers, one element of the commentary has remained consistent: business owners continue to need and purchase commercial vehicles no matter the circumstances around them.

On-lot per dealer work truck inventory continued to grow, up 20.0% QoQ and a whopping 87.4% YoY, with Medium-Duty vehicles making up over half of the on-lot mix.

Work trucks and vans also carried higher price tags than last year, and total sales of new commercial vehicles increased significantly.

via Globe Newswire

Choosing a Used Car Manheim Index: Used-Vehicle Values Now Down 21% from All-Time High Reached in 2021

Following a downward trend that began in the second half of the year, 2023 ended with the Manheim Used Vehicle Value Index down 0.5% in December from November.

The Manheim Used Vehicle Value Index (MUVVI) dropped to 204.0, down 7.0% from the previous year, a larger decline than originally expected. Compared to the index peak in December 2021, used-vehicle values are down nearly 21%.

“We ended 2023 with about half of the used-vehicle value decline we saw in 2022, but still more than we’d see in a typical year,” said Cox Automotive Chief Economist Jonathan Smoke.

READ MORE

IARA, Bobit Media Enter Long-Term Agreement for CAR Event

The leading consignors trade group and the producer of the annual Conference of Automotive Remarketing (CAR) align to bolster event offerings and better serve the remarketing industry.

The agreement between the International Automotive Remarketers Alliance (IARA) and Bobit Media, which owns and runs CAR, deepens the connection between the two organizations and reaffirms their mutual commitment to the remarketing industry.

It strengthens CAR by allowing them more time and flexibility to collaborate strategically on planning and growth.

READ MORE

The Benefits of Rental Vans


By Tanner Lee, Copywriter, Kingbee Vans

In the last four months, Kingbee has provided over 400 vans to Amazon DSPs throughout the West Coast. Amazon loves us—they are long familiar with the rental model. Kingbee is a trusted partner of Amazon.

If you’re starting a DSP, renewing your contracts, or need vans for the peak season, Kingbee keeps everything running smoothly. In less than 7 days, we will prepare and ship the vehicles to your location.

Unlike your favorite pair of boxer briefs, Kingbee vans are brand new, and the contracts are short-term and flexible. We help DSPs quickly replace their aging units with brand new vehicles.

READ MORE

 

Tesla Repairs


By Kevin Fitzpatrick, Vice President of North America Operations, Opus IVS

With more EVs on the road today, and those vehicles now beginning to show up in Aftermarket shops, this shift in the automotive landscape signals a new era of challenges and opportunities for the industry.

It’s imperative to explore the factors driving these cost differentials to understand how automakers may adapt to improve repairability, ultimately making the EV repair shop experience more cost-effective for consumers.

As EVs continue to gain popularity across many OEMs, especially with the Tesla Cybertruck making headlines, it is crucial for automakers to recognize the evolving dynamics of the collision repair landscape.

READ MORE

 

Driver Safety


By Dave Bean, Content Editor, FMW

The National Safety Council (NSC) has responded to a massive training inequity for those who drive fleet vehicles by introducing an online curriculum, designed specifically for those whose employment has them behind-the-wheel as part of their jobs.

“Many assume fleet drivers are well-trained, but unfortunately, that’s not always the case,” said Mark Chung, executive vice president of roadway practice at NSC.

The NSC believes its new online training program, Fleet Essentials, might be just the elixir that all employee drivers need to ensure they have the knowledge and skills to, literally, survive the workday. The program is comprised of numerous online-based modules.

When tallying work-related fatalities every year, the main culprit is traffic accidents. Over 2000 people lost their lives in work-related vehicle crashes in 2022, according to data compiled by the U.S. Bureau of Labor Statistics. That figure represents nearly 40% of all deaths that can be attributed to occurring on-the-job.

READ MORE


Trending

Long Dormant Public Fleet Vehicles Endured Depreciation and Vandalism

An NBC Bay Area Investigative Unit found that 95 decommissioned VTA paratransit vehicles sat for more than four years in the agency’s South Bay lots, eventually becoming a target of catalytic converter thieves.

On top of standard vehicle depreciation, multiple sources told NBC Bay Area thieves targeted the decommissioned fleet for their catalytic converters in 2022.

“Usually what happens after the vehicles get decommissioned, the vehicles get put on an auction, or they get resold for other uses,” said Circella. “Something went wrong with the process of retiring them from active duty,” said Giovanni Circella, Ph.D., UC Davis transportation expert.

-via NBC Bay Area

Kia’s Electric Vans Can Quick-Swap Bodies to Take on Any Job

While electric passenger cars get most of the hype, electrified commercial vehicles will soon form the invisible backbone of our everyday life. Kia is preparing its own electric vans complete with highly customizable, swappable bodies and their own dedicated software and business ecosystem.

Announced at the 2024 Consumer Electronics Show, Kia’s “Platform Beyond Vehicle” scheme is built on an upcoming lineup of reconfigurable electric vans of varying sizes. Basically, they’ll be chassis cabs that attach to a variety of upper bodies using a combination of mechanical and electromagnetic anchors. In theory, this lets users quick-swap between delivery vans, passenger shuttles, and even recreational vehicles.

via The Drive

TN Will Triple EV Tax for Inflation, but Gas Tax Lags Inflation by ~5x

Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars.

Tennessee’s $100 fee was lower than that of many other states, but it still taxed EVs at a much higher rate than a similarly-efficient gas vehicle.

This year, Tennessee’s EV fee has doubled to $200 – but it’s not stopping there, with the state claiming that it will continue increasing to $274 in 2026, and then continue increasing beyond that along with inflation.

via Electrek

1,000 Volkswagen ID.4 for Siemens Fleet

Volkswagen Financial Services are electrifying the fleet of Siemens AG together with the Volkswagen brand. The company’s fleet will be gradually supplemented with up to 1,000 leased Volkswagen ID.4 vehicles.

Siemens has set ambitious goals for the electrification of its own fleet within the framework of its sustainability strategy. The company aims to make the entire fleet CO2-neutral and fully electric by 2030.

“The electrification of our fleet is a clear commitment to achieving our climate goals. But we also want to be a pioneer in our industry and send a clear signal for sustainable fleet management in line with our DEGREE framework,” explained Stefan Kurz, Head of Global Fleet Management at Siemens.

via VW Newsroom

Embedded Vehicle Data


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

The transition from traditional open telematics platforms to embedded data marks a pivotal step forward in the evolution of fleet management.

Traditionally, fleet operators have relied heavily on data derived from hardware dongles, a practice that was entirely justified when the number of vehicles on the road was fewer, and data volumes remained manageable.

Modern vehicles by design can now collect data indigenously, rendering external hardware devices obsolete. This evolution paves the way for a new and more efficient approach to data collection.

READ MORE

 

Fleet Marketing


By Ed Pierce, Fleet Management Weekly’s Brand Acceleration

Internal branding programs can profoundly affect fleet product and service providers’ sales by building a strong, recognizable brand that resonates with customers and stakeholders, increasing sales and market share.

While a general branding program is external-facing and aims to build brand awareness, perception, and loyalty among consumers or clients, an internal branding program is inward-looking. It targets the company’s employees to create a consistent brand experience that they can deliver to the external market.

Implementing an internal branding program can be transformative because it can significantly bolster sales by shaping the overall brand perception. This, in turn, directly influences customer behavior and their decision-making process.

READ MORE

 

Crash-Free Culture


By Sarah Bechtold, eDriving

As the clock winds down on another year, it’s not just resolutions that should be top of mind; it’s the commitment to safety and sustainability as we usher in the New Year.

Safety alone is not enough. In an era where climate change is a pressing concern, sustainability must also be a key focus. Our vehicles are a significant contributor to carbon emissions, and it’s time to address this issue head-on.

Here’s to a New Year filled with safe travels, conscious choices, and a commitment to driving towards a better, more sustainable future. Let Mentor by eDriving be your trusted companion on this journey.

READ MORE





Fleet Management Resources

 

AFLA
The Automotive Fleet & Leasing Association works with member companies to address key issues facing the entire industry and deliver leading-edge programs that advance their skills and enhance the environment in which they sell products and services.

Kingbee
Reimagining commercial van and fleet rentals. We upfit in-house, add your signage and ship your fleet vans to 48 states.

Ranger Design
Work van equipment tailored for your every need. Committed to developing products and solutions that help customers save time and money, do more with less, and meet – and exceed – their biggest goals.

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.

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

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.

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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