CEI Doubles Salvage Network as Buyer Network Expands
The CEI Group, Inc. (CEI) has more than doubled the size of its salvage network, expanding its buyer network and enabling it to obtain higher prices for fleets looking to sell used vehicles. The network includes buyers of all types of vehicles, from sedans to heavy-duty trucks and specialty equipment vehicles. “The expansion of our […]
EPA Changing its Mind on E15 with Potential Revised 2014 Biofuels Target
It looks like E10 could very well remain the blended ethanol-to-gasoline ratio instead of 15%, or E15, according to a leaked proposal last week from the US Environmental Protection Agency (EPA). The EPA document referred to the E10 blend wall as an “important reality” and comes from more acceptance that the federal 2007 Renewable Fuel Standard biofuels mandate appears to be unreachable. If that’s the case, courts are likely to see more case filings coming from biofuels industry associations focused on the EPA backing away from 2014 targets.............................
EV Charging Strengthens Employee Retention, Says Schneider Electric’s Mike Calise
Fleets that are bringing in plug-in electric vehicles and on-site charging stations are discovering a few key benefits of making the investment – one of them being strengthening employee retention, says Mike Calise, director of electric vehicles at Schneider Electric. Schneider Electric has been very involved in charging station installations across the US and Europe. The company has been part of a recent collaboration between companies bringing electric vehicle car-sharing services connecting workplaces to biking and transit......................
GE Capital Fleet Services Introduces New Telematics Dashboard
Fleets are spending time analyzing the full extent of telematics services and how they can applied to all areas of operations. Many fleet managers are feeling overwhelmed by “big data” related to telematics and connected cars, as the number of mobile devices and onboard technologies increases. GE Capital Fleet Services (GECFS) is now offering a telematics solution based on performance indicators. Intelligent Operations allows fleet managers to visualize key performance indicators in real-time to better understand the scope of their service markets, customers, drivers, and overall fleet performance.............................
Beggs Sees Used Vehicles Depreciate in September
Used vehicles model years 2008-2012 overall depreciated by -1.3% in September, marking no change from August data also at -1.3%, according to the latest Beggs on the Used Car Market. Domestic cars depreciated -1.8%; import cars were -1.8%; domestic trucks were -0.7%; and import trucks were -1.2%. Average pre-recession depreciation is historically between -1% and -2% monthly, Beggs said.
