Market Trends

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Fuel Continues to be the No. 1 Threat to Fleet

October 10, 2008

The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.

Tags: fuel, fuel prices, Hurricanes, hyperconnectivity, telework, videoconferencing

Author: Mike Antich | Posted @ Friday, October 10, 2008 9:06 AM | » Comments(0)

High Fuel Costs Take Fleet into Uncharted Water

May 19, 2008

After 8,000 hours of research, more than 11,000 facts pertinent to the fleet industry have been collected for this year’s Automotive Fleet Fact Book. Within this wealth of data, one overriding fact stands out with klieg-light intensity – the impact of the high cost of fuel.

Tags: Cost of Business, fuel

Author: Mike Antich | Posted @ Monday, May 19, 2008 4:35 PM | » Comments(0)

Fuel Costs Exerting More Influence on Selector Development

February 7, 2008

Overall operating costs for commercial fleets increased 3 percent, on average, in calendar-year 2007. The increased expense was directly attributable to the cost of fuel. The price of a gallon of regular unleaded gasoline increased almost 7 percent over the record-high prices in 2006.

Tags: diesel prices, fuel, gas prices, selector

Author: Mike Antich | Posted @ Thursday, February 7, 2008 1:37 PM | » Comments(0)

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AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing.

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