Where we are in speed limiter adoption
A proposed rule to mandate the use of speed limiting devices on heavy-duty trucks was published in the Federal Register on Sept. 7, 2016, officially opening the 60-day comment period on the rule. The U.S. Department of Transportation (DOT) released the proposed rule Aug. 26, which would require trucks weighing more than 26,000 lbs. to
Fleet Advantage releases second quarter Truck Lifecycle Data Index
Fleet Advantage has released its second quarter, 2016 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early model Class 8 trucks to all-in operating costs of current model year replacements. The TLDI shows that fleets realize higher cost savings by replacing older-model units with 2017 models, and reflects a 9% increase in operating cost savings
Fleet Advantage establishes safety committee
Fleet Advantage has announced the establishment of a new safety committee dedicated to providing insight and overseeing critical safety-related programs for the fleet transportation industry and Fleet Advantage clients. The Fleet Advantage Safety Committee includes tenured transportation professionals with specific experience to advise fleet managers on various safety-related topics. The committee was launched in coordination with the National
There’s a truck metric for that
Data metrics are, in a way, the new “app.” Need to know your average downtime due to an unplanned service stop? There’s a metric for that. Want to know where your truck is? There’s a metric for that. Do you have an idea for how long your trucks typically idle? There’s a metric for that
Can diesel prices stay this low?
From the beginning, people said it couldn’t last. The falling diesel fuel prices were bound to be temporary; fleets should not adjust their spending plans. There was every reason to think this was true—it had been years since diesel prices hit such a low. Then they kept falling and falling, and they stayed low for
The used truck conundrum
How long are you keeping your trucks? Are you looking for used trucks and having a hard time finding them? If so, you’re not alone. Fleet Advantage recently conducted a survey designed to take the pulse of truck fleet managers on topics that included equipment acquisition and disposition. The survey produced puzzling outcomes. While 70%
Four keys to fuel economy: How data analytics impacts fleets
Years ago, the truck spec’d at the time of purchase was the truck you had five years later, with little or no chance of enhancing performance later down the road. Today, however, data is allowing trucks to continuously achieve performance improvements. Buyers are no longer bound by the original specification of the truck. This is
Fleet Advantage reports continued growth
Fleet Advantage completed the year with $232.6 million in lease origination along with additions of several new high-profile clients, according to the company. Fleet Advantage’s greenhouse gas initiative, highlighted by EXchangeIT, is continuing to demonstrate the changing mindset among fleet managers seeking to reduce operating costs by converting their equipment to a three- or four-year
Determining ROI to Lower TCO
“Fleet managers have only so much time,” notes Kirk Altrichter, vice president, maintenance at Crete Carrier Corp. “We need to prioritize when we are spending time making return on investment [ROI] determinations for new equipment. There may be an ROI that will help lower our total cost of ownership [TCO], but as technology changes, products
Fleet Advantage expands management team
Fleet Advantage has named Katerina Jones its marketing manager. Jones will be responsible for managing all internal and external communications activities, as well as the development and execution of the annual marketing plan to support the firm’s values. According to the company, Jones brings a diverse set of marketing skills to Fleet Advantage, specifically, a