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Peterbilt Recognized as 2024 Top Company for Women to Work for in Transportation

Peterbilt is proud to announce its recognition as a 2024 Top Company for Women to Work for in Transportation by the Women In Trucking (WIT) Association, marking another consecutive year of receiving this esteemed honor.

“Peterbilt values its diverse workforce. Being recognized as a Top Company for Women to Work for in Transportation reflects our continued commitment to fostering career advancement opportunities that empower women and creating a workplace culture that values and celebrates the contributions of all employees,” said Jason Skoog, Peterbilt general manager and PACCAR vice president.

via Peterbilt

 

Lucid’s Modified Air Pursuit EV Police Cruiser Will Catch You if You Try to Run

A modified version of Lucid’s Air EV was recently tested by the California Highway Patrol. The fierce-looking “Lucid Pursuit” will catch you if you try to run with unrivaled range and performance.

Lucid’s Air Sapphire can hit 0 to 60 mph in just 1.89 seconds. That’s faster than the Porsche 918 Spyder (2.1 secs), Buggati Bolide (2.17 secs, and Ferrari SF90 XX Stradale (2.3 secs). Basically, you won’t be outrunning one of these with your average (or even a not-so-average) car.

The 2025 Lucid Air Pure is “the World’s most efficient car,” with a record efficiency rating of 5 mi/kWh. It also has the highest MPGe rating of any EV, with 146 MPGe from the EPA.

via Electrek

 

Auto Market Weekly Summary

The auto industry is experiencing a notable upswing, with new light-vehicle sales up 10.6% year over year in October.

Fleet sales saw a mixed performance, with large rental fleet sales up 52.5% year over year, commercial fleet sales down 7.6%, and government fleet sales up 8.7%. The estimated fleet share of 13.9% was down compared to last year’s share of 15.9%.

Wholesale used-vehicle prices were down month over month and year over year in October, according to the Manheim Used Vehicle Index (MUVVI). Wholesale vehicle values declined 0.1% in October on a seasonally adjusted basis, as the MUVVI declined to 202.8, down 3.2% from a year ago.

via Cox Automotive

 

Fleet Advantage’s Brian Holland Honored as Monitor’s 2024 “Innovator” Icon

Fleet Advantage proudly announced that President and CEO Brian Holland, CPA, CTP, CLFP, has been awarded the prestigious “Innovator” Icon Award from Monitor Magazine.

The Monitor Industry Icon Awards, now in its sixth year, acknowledges outstanding professionals in the equipment finance sector across six categories: Current Leader, Innovator, NextGen, Pioneer, Retiree, and Veteran.

Holland’s influence at Fleet Advantage extends beyond financial success. He has cultivated a forward-thinking company culture that emphasizes diversity, mentorship, and employee growth. His dedication to professional development has led to Fleet Advantage achieving numerous industry recognitions, including Monitor’s “Equipment Finance Team of the Year” and inclusion on its “Best Companies” list in the ESG category.

Read the Press Release

 

Fleets Partner with Revolv to Ease the Complex Electrification Transition

(Photo: Scott Davidson, LinkedIn)

By Fleet Management Weekly Staff

Fleets choose to electrify for many different reasons: sustainability goals, regulatory compliance, and cost savings, to name a few. But the process of electrification is more straightforward than said or done.

Revolv can help fleet electrification transition by reducing operational complexities and risks, minimizing upfront costs while maximizing long-term savings, and ensuring a smooth and timely transition.

We asked CEO Scott Davidson to detail the company’s role in the electrification transition.

"Many fleets recognize the need to electrify, but it requires a skillset they don’t have the resources to build internally. Success comes when we sit on the same side of the table as our customers..."

READ MORE

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