By Tanner Lee, Kingbee
The most effective fleets are able to adapt when uncertainties arise.
When economies are in flux, a rental contract keeps your costs steady. Rental vehicles stay off the balance sheet, giving you more borrowing power to invest elsewhere.
Van rentals not only eliminate the potential cost of down vehicles, they also increase your opportunity to generate revenue by taking on more projects.
Kingbee work-ready van rentals complement your current funding strategy and offers a third avenue for funding vehicles, alongside leasing and purchasing.
Growing its private fleet is part of Dollar General’s overall strategy to reduce costs and gain more operational control of its supply chain by expanding its distribution network and relying less on third-party carriers.
The company has steadily grown its private fleet since its launch in 2016. The company aimed to reach 2,000 or more tractors by early 2024.
Dollar General said that while its investments intended to improve its supply chain might negatively impact its operating profit, it would strengthen the retailer’s position to drive growth.
The Electrical Safety Foundation (ESFI) recently surveyed electric vehicle (EV) owners to gauge their understanding of EVs and electric vehicle supply equipment (EVSE), or EV charging stations and chargers.
“Older homes may not be able to safely handle EV charging without overloading the home’s electrical system,” said ESFI President Brett Brenner.
When respondents were asked about preparing their homes for EVs, 63% said they scheduled a home inspection before EVSE installation, while 54% needed an electrical panel upgrade.
For dealerships with high-line vehicles and other late-model inventory that have advanced driver-assistance systems (ADAS) features, a survey and report released on Thursday by global consulting firm AlixPartners put specific dollar figures on how much consumers value that equipment.
According to the Society of Automotive Engineers (SAE), these features range from Level 1 such as collision warnings to Level 4/5 that include full control of steering, braking and emergency autonomous driving.
Those with prior ADAS experience are 12-52% more likely to endorse and expect these features, according to AlixPartners research.
A special webinar from the editors of Heavy Duty Trucking will explore the issues surrounding adoption of zero-emission trucks at 1 p.m. eastern time on Sept. 26.
In this webinar, hear from fleets that have already been adopting electric trucks in their operations, as well as insights into the North American Council for Freight Efficiency’s Run on Less Electric Depot project.
The discussion will be led by Deborah Lockridge, HDT editor and associate publisher. Click below for more information.