FLD President Gary Mott and our intrepid observer FLD Frank dropped in to Austin for this year’s NVLA conference, where conversation was dominated by – you guessed it – EV’s and all things electric. Check out what they learned in our Frankly Speaking report.
Read moreFLD CEO Ron Sanders explains the origins of FLD’s free vehicle de-identification program in an important installment of our video series. Learn why and how the company got started ensuring that every vehicle we touch is wiped completely clean of logos and corporate markings, a practice we continue until this day.
With consolidation, EV integration, inflation and more, the fleet space is a roiling cauldron of disruption. But with 45 years as remarketing’s leader and pioneer, FLD is an oasis of calm. Find out why in this video featuring members of our Business Development unit.
CEO Ron Sanders and Director of Business Development Carol Fowler took the FLD booth to the first ever Hospitality Show in Las Vegas and enlightened the industry on the virtues of selling used vehicles in one simple, risk-free transaction as opposed to waiting weeks or months for them to sell at auction. Our man FLD Frank was there to get all the scoop!
Read moreWant to know why FLD is the only remarketer that can buy used assets upfront before they go to auction? This video on our industry leading Condition Report Team explains how we do it and why FLD is your best choice for a smooth, seamless transaction that takes less than a week.
Team FLD made its first appearance at the National Private Truck Council conference in Orlando, and – as usual – our inveterate observer FLD Frank was on hand to get all the scoop for our customers and friends who couldn’t be in attendance.
Read moreTeamFLD attended one of fleet’s biggest events of the year, and of course our colleague FLD Frank was there to glean all the news and insights to share with our clients, partners and friends in fleet!
Read moreFLD has released its White Metal Market Report for Q2 2023. The used medium-duty wholesale market remains largely stagnant, with slight increases in dealer inventories and pricing. The big question facing the market is whether there will be enough pent-up demand for used vehicles as more units enter the market. There may be a lack of used inventory available for purchase as fleets are holding onto their vehicles for longer periods than ever before, and new inventory is still difficult to come by. The market for light-duty vehicles remains strong, with demand for smaller to mid-sized cars and SUVs remaining high.
However, production of new vehicles in this class remains stable, and the fact that it is still significantly lower than in previous years means there likely will not be enough vehicles to meet demand. Production of new medium-duty trucks has begun showing up on dealer lots, which is an encouraging sign that production is headed in the right direction. However, used medium-duty values have softened and are likely to continue to do so as new inventory enters the market. Heavy-duty trucks remain segmented into two distinctly different markets, both being driven by freight demand. The “day cab” market remains the strongest, while the sleeper market has seen a decline in both demand and values. Overall, the report suggests that the market remains largely stagnant, with slight increases in pricing and dealer inventories.
Making his debut to what turned out to literally be thousands of loving fans, FLD’s mascot “FLD Frank” sprang to life at this year’s NTEA Work Truck Week, walking the show floor, greeting passers by, and generally being asked to stop at every booth he passed. In honor of his appearance, he even wrote a recap of this year’s over-the-top proceedings for our customers, partners and friends who couldn’t be there themselves.
Read moreConfusion. Consolidation. Shortages. The fleet world has been in a state of turmoil since the dawn of the pandemic, and the team here at FLD thought it was time to address it in a series of communications that thoughtfully ask fleets to humbly give FLD an opportunity to earn their business.
