By performing a sweet spot replacement analysis, fleets can determine, based on today’s market conditions, what is the optimum point in time to replace necessary assets. What is the sweet…
Calculating the cost per mile for the total vehicle lifecycle can help determine optimal vehicle replacement intervals. At some point during the life of a truck, the cost to keep…
Photo credit: Gettyimages_ CT757fan Extended replacement cycles for short-term capital expenditure savings often have the unintended consequence of resulting in greater long-term expenses. Typically, assets with higher capitalized costs will…
When economic times — like the one we are in, thanks to COVID-19 — are tough, fleets can be tempted to abandon their planned replacement cycles thinking they do not…
The COVID-19 pandemic has caused many fleets to consider deferring asset replacement as they wait to see how the “new normal” might affect their operations. A new benchmark study from…
The improved fuel economy of newer trucks — even when fuel prices are low — are a big reason why a fleet should stay updated, in addition to the safety…
Truck fleets often see the need to add or remove vehicles due to seasonal operating parameters, business growth cycles, or unexpected events. A savvy fleet manager understands it’s important to…
For some companies, their vehicle replacement strategy is to simply wait until a vehicle goes out of commission to replace it. When leasing a fleet, however, this anti-strategy can hurt…
Planning is always important, but when it comes to medium-duty, it’s critical for success. Photo: Getty Images Medium-duty trucks, often considered Class 3 through Class 6 (sometimes encompassing up to…
With the high costs of maintaining a heavy duty truck it may be more economical to get rid of trucks before they wear out. Want to save money on maintenance? Get…
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