Penske Truck Leasing’s Post

As operational costs continue to increase, fleets need to find ways to cut expenses. According to Brian A. and Fleet Maintenance magazine it's important to consider the #Tippingpoint, when it becomes more cost effective to replace a truck rather than continuing to maintain it. Check out their latest article to learn more!

Fleet management starts with the purchase of the vehicles. Your purchase strategy needs to consider how you will be using the trucks and the jobs they need to perform. Scania’s unique modular system allows for trucks to be tailored to the unique functions you need them to perform. A tailored truck will include sufficient power balanced with excellent fuel efficiency, a payload designed to optimise profitability and safety features that protect your asset from unnecessary downtime. #ScaniaTrucks #ScaniaFleetManagement #VehicleAcquisition #ScaniaTailoredSolutions

The smooth functioning of vehicle fleets is crucial for businesses across industries, from logistics and transportation to construction and manufacturing. However, recent shifts in vehicle supply and the availability of parts have introduced new challenges, leading to increased downtime and disruptions for fleet operators. Extended downtime periods not only impact operational efficiency but also pose financial burdens, as businesses grapple with lost productivity, maintenance costs, and potential revenue losses. For more information, click here: https://bit.ly/3yiSYQU #FleetNews #VehicleSupply #VehicleDowntime #Fleet

The smooth functioning of vehicle fleets is crucial for businesses across industries, from logistics and transportation to construction and manufacturing. However, recent shifts in vehicle supply and the availability of parts have introduced new challenges, leading to increased downtime and disruptions for fleet operators. Extended downtime periods not only impact operational efficiency but also pose financial burdens, as businesses grapple with lost productivity, maintenance costs, and potential revenue losses. For more information, click here: https://bit.ly/3yiSYQU #FleetNews #VehicleSupply #VehicleDowntime #Fleet

Finding the right balance between cost-effectiveness and performance is essential for any fleet manager. At American Truck Centers, we understand that newer trucks offer better fuel economy and lower maintenance needs, but they also come with a higher initial investment. On the other hand, older trucks are more affordable upfront but can lead to more frequent repairs down the road. That's where we come in! We're here to help you navigate the complexities of fleet management, whether you're looking to: 💵 Sell older trucks: If it's time to retire some of your older, less fuel-efficient models, we will buy your trucks at a fair price with a quick payout. or 🚛 Update your fleet: We offer a wide selection of newer trucks that will help you reduce operating costs and improve your bottom line. American Truck Centers – Your Partner in Building a Balanced Fleet Let our experienced team help you create a fleet that meets your needs and budget. Contact us today to discuss your specific requirements and find the perfect solution for your business. (970)-439-4355 #fleetmanagement #costeffectiveness #fueleconomy #reliabletrucks #americantruckcenters

In what seems to be a changing by day segment, this is an interesting article from Automotive Fleet Magazine. They worked with Vincentric to crunch numbers on 2024MY 1/2 pickup trucks, including 349 different configurations. With production from all OEMs improving vehicle comparisons & total cost of ownership analysis can again be vital to operating the most efficient fleet. We at Enterprise Fleet Management are happy to assist you with similar ongoing analysis to ensure optimal fleet operations & cost management. Here are some highlights from the article: *On average V6 engines beat out V8 engines in TCO rankings *Gas engines project better overall TCO than diesel *Over a 5 year period, total estimated repair costs for all 349 configurations have only a $341 variance from best to worst. #iwork4em #strategy

Montway Auto Transport is excited to announce the latest release of the Montway Automation Portal (M.A.P.), a game-changer for automotive dealer groups. This platform helps manage transportation costs by providing a single view of data from multiple store locations. Users can now review critical metrics, such as average rate-per-mile, pickup and delivery times, average hauling distance, cycle times and more. Mike Trudeau, Executive VP of Business Development, says "With this new release of M.A.P., we equip auto dealer groups with the necessary tools to track and control transportation costs, helping CFOs and fixed operations managers reduce expenses and increase their profit margins.” Read the full news release now: https://prn.to/3Sl996z #Montway #Dealerships #FixedOps #AutomotiveIndustry #MAP

Good WSJ article - Because battery-electric trucks are heavier than diesel trucks and require several hours to recharge, companies need more vehicles and drivers to haul the same volume of freight as a diesel truck. The Ryder analysis estimated that a company would need nearly two battery-electric big rigs and more than two drivers to equal the output of a single heavy-duty diesel truck.

Wait, What? 56% HIGHER costs to Operate #HDZE Class 8 in the State of California? That’s not what California Air Resources Board said when they unanimously adopted the #ACF…lol I imagine Ryder System, Inc. knows a thing or two about operating Heavy Duty equipment. Thanks Paul Berger for another insightful article about the real world challenges this transformational push.

It’s important to show the economic impact of mandating EV adoption too fast. If it’s too costly, there won’t be any trucking companies around, or the prices of goods will go through the roof due to sky high transportation costs (inflation).