Majority of Fleets Report They Are Running Longer Life Cycles, Need to Replace Trucks Over Next Few Years; Many Still Don't Have a CARB Plan

Fleet Advantage recently announced results of an industry-wide survey that measured the pulse of fleets on their life cycle strategies, how many fleets are aware of the anticipated CARB prebuy mandate, and their anticipated plans for equipment acquisition over the next few years. It’s imperative for fleets to understand the significant implications of the anticipated CARB mandate. Truck procurement and life cycle management continue to be significant topics within the transportation fleet industry, especially given all the focus on the CARB mandate, which will result in the largest truck prebuy ever leading up to 2027, beginning in 2025 into 2026, with the cost of diesel trucks increasing between $25,000 and $30,000 more per unit.

January is designated as National Mentoring Month, with the purpose of bringing together and growing the mentoring movement, acknowledging the impact of relationships and the significance of mentorship. Regardless of what field you are in or how successful you have been in your career; it is important to recognize the value of having some type of mentor. Not only can you gain from their guidance, but you can also make a positive impact on someone else's journey by being a mentor yourself. 

stop. trains can't.

Today, many companies are involved in Corporate Social Responsibility efforts to take responsibility for the social and environmental impacts of their daily operations.  For example, Dell initiated a 2020 Legacy of Good Plan that addresses community challenges by using their technical expertise where it can have an impact for people and the planet. Specifically, they are partnering with Camera Education to help train teachers in Ethiopia on how to provide computer knowledge to their classroom.

This example of a global initiative is great, but seldom in life can a company provide a product or service that contributes to all of humanity.  I feel fortunate to be associated with a company that does exactly that, and on this Earth Day I would like to express my appreciation for the forward-thinkers who recognize that the changes they are making not only save their companies money, but to also acknowledge them for doing the right thing for society and the planet. 

Finance and Operations Not On The Same Page Regarding Focus Of Fleet Cost Management and Procurement

Fleet Advantage was founded in 2008 on a number of principles formulated around information technology. It was also founded upon the necessity to help organizations improve their tractor fleets’ productivity and to reduce operating costs by improving their fuel efficiency from 6.0 MPG to 10.0 MPG. One of the cornerstones was the Greenhouse Gas Mandate that took effect in 2011 with its requirement to reduce CO₂ emissions, which can only be accomplished by improving fuel economy/MPG.  The technology and supporting data analytics have arrived, and we are now seeing the results we knew were there - tracking a goal of 10.0 MPG.

A recent success program called “Run on Less”, organized by the Carbon War Room and the North American Council for Freight Efficiency, proved that 10 MPG is possible using technology that are available on the market today. The results exceeded the original 9 MPG goal set by CWR and NACFE.