Controlling Creeping Fleet Costs

By Team Writer / February 20, 2017

Costs are rising and being responsible in identifying and preventing potential problems is the first step in keeping rising costs at a minimum. Smart decision making and product education help to expand the profit margins. Examples are: selling vehicles directly or using them as a trade in commodity and whether to outsource maintenance to another business or to keep it in house.

Key Takeaways:

  • Fixed costs generally boil down to decisions regarding the acquisition and disposal of vehicles
  • Vehicle leases have become popular, both as a short-term remedy to handle capacity spikes and as a long-term cost control measure.
  • Fleets tend to have greater problems controlling operating costs than fixed costs.

“A fleet that has stable, practiced cost-control measures in place will be stronger and better able to withstand down markets, rising fuel costs, labor shortages, or any of the myriad challenges fleet managers face today.”

http://www.truckinginfo.com/channel/fleet-management/article/story/2017/02/controlling-creeping-fleet-costs.aspx

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Team Writer