The Fleet AdvantEDGE

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.

During the "100 Deadliest Days" of summer, which falls between Memorial Day and Labor Day, there is a significant increase in fatal crashes, presenting heavy-duty truck drivers with added challenges on the road as summer unfolds. With longer daylight hours, a rise in outdoor activities, and a surge in construction projects, a heightened sense of awareness and focus is paramount. As the roads become busier with motorcyclists, bicyclists, pedestrians, and vacationers, drivers must prioritize their mental and visual acuity to ensure a safe journey ahead.

Earth Day, recognized on April 22, is an annual global event that promotes environmental protection and increases awareness about the critical need for sustainability.

As we face the challenges of climate change, individuals, communities, and various industries must come together and work towards a better future.

The transportation industry is stepping up by implementing measures to reduce its environmental footprint. Organizations with corporate transportation fleets are seeking asset management partners to help them focus on achieving their ESG (Environmental, Social, and Governance) goals.

JOIN US AT THESE UPCOMING EVENTS TO FIND SOLUTIONS FOR TODAY'S TOP INDUSTRY CHALLENGES IMPACTING YOUR COMPANY'S FLEET OPERATIONS! 

We are excited to announce that we will be attending and exhibiting at several upcoming transportation industry events and conferences in the next few months! Fleet Advantage executives will discuss the state of the industry and will be providing CARB Pre-Buy allocation consultations to help corporate transportation fleets prepare for the upcoming CARB Mandates.

Also, attendees will learn more about our exciting new partnership with FleetNet America by COX Automotive, which provides specialty financing with reliable access to nationwide maintenance. This new collaboration is helping fleets lead with flexibility by unbundling Full-Service Leases. In an Unbundled Lease agreement, fleets have greater flexibility on individual costs and their maintenance provider, but also the freedom to upgrade and scale through flexible financing, guaranteeing the lowest-possible financial costs involved with truck fleet asset management and procurement. 

Do You Have Your CARB Prebuy Allocation Plan Ready?

With the growing awareness of the California Air Resources Board (CARB) mandates and plans, one major question looms over organizations with transportation fleets: how will this ruling truly impact their procurement cycle? Last year the U.S. Environmental Protection Agency (EPA) gave its approval to California's plans, which call for an increasing number of zero-emission heavy-duty trucks. This move lines up with the state's commitment to reducing pollution as enforced by CARB, which aims for electric trucks to make up half of all heavy-duty truck sales in the state by 2035.

CARB Mandates Will Cause A Spike In Prebuy Activity

Vehicles with differing types and usages will have various phase-in dates according to the CARB plan. As such, state and local governments would be required to obtain zero-emission vehicles amounting to 50% of the additions to their fleets beginning in 2024. All new purchases would have to be ZEVs beginning in 2027.

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. 

Looking Back on 2023 and Looking Forward to 2024!                                                                                                    Looking back on 2023, Fleet Advantage has experienced extraordinary growth, setting the stage for an exciting 2024. However, it’s important to acknowledge that the transportation industry and organizations in various sectors have faced notable difficulties in the last several years. Whether it's driver and technician shortages, equipment shortages, procurement strategies, maintenance and repair issues, or achieving Environmental, Social and Governance (ESG) goals, companies need to be able to identify and adopt new processes to ensure long-term success.

Winter can be a challenging season for the transportation industry, particularly for long-haul trucking and logistics companies. Adverse weather conditions like snow, ice, and freezing temperatures create a hazardous environment for drivers, which can result in serious accidents and costly delays. To mitigate these risks and ensure the safety of your drivers and the integrity of your cargo, it's essential to take various safety measures and prepare your fleet with the right tools and equipment.

When it comes to truck winter maintenance, your drivers serve as the primary line of defense!

The most crucial component of a commercial motor vehicle (CMV) is its brakes, which must always operate properly to ensure safety. Brake Safety Week, which runs from August 20 -26, 2023 is sponsored by the Commercial Vehicle Safety Alliance (CVSA) in partnership with the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA). This annual campaign was established to improve CMV brake safety and awareness in North America. During this campaign, CMV inspectors focus on conducting roadside brake system inspections to identify any out-of-adjustment brakes and violations.