Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
November 1, 2021
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
October 26, 2021
Dave Funston, manager, national fleet operations for Mazda North American Operations, passed away on April 1, 2021, following a three-year battle with colon cancer. He was 61.He has the distinction, to date, of being longest reining fleet manager in the history of Mazda North American Operations.
April 3, 2021
The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.
December 11, 2019
Jeff Allspaugh, director of North American fleet and travel operations at Genus PLC left the company on March 3. Succeeding Allspaugh is Ben Braydon.
March 5, 2018
Joshua Chamuler was named director of transportation at ThriftBooks, which is based in Seattle, Wash., and is the largest online seller of used books in the world.
February 28, 2018
Remarketing through multiple online platforms is not a question of "if," but "when." Standardization is the next step.
January 9, 2014