FLD WHITE PAPER SERIES: HOW TO SPOT AN EASIER REMARKETING EXPERIENCE

Fleets can achieve their productivity goals by finding a service provider that can optimize their operations and business functions. One of the four things fleets should look for in a remarketing partner is a provider that can eliminate risk by purchasing assets upfront. This is particularly important because remarketing can be a risky endeavor, and it’s critical to sell end-of-lease vehicles quickly to avoid accruing daily charges such as lease payments, maintenance, insurance, and storage. Liability can also present a significant risk, as accidents can lead to additional costs. Working with a remarketer like FLD can help eliminate even the smallest possibility of risk by taking an ownership position in the vehicle before it goes through the remarketing process, offering a guaranteed price and eliminating the possibility of lease payments or surprise costs. Fleets can also benefit from partnering with a remarketer with technologically advanced tools that make their job easier, such as automated systems that track vehicles through the remarketing process, providing real-time updates and detailed reports. These tools can help streamline the process, reduce administrative burden and save time and resources. FLD’s remarketing technology, for instance, is designed to make the process faster, easier, and more efficient, offering sellers better prices and keeping their operations lean and nimble. By partnering with the right remarketing provider, fleets can make life easier, maximize resources, and increase productivity. Click the link below to read more.

“ME AND FRANK EXECUTIVE OVERVIEW”/FOCUS ON SAFETY

In this regular publication featuring our team of talented Directors of Business Development, long time industry veteran Carol Fowler shares some of the recent highway safety statistics that have caught her eye, and not for the right reasons.

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Q3 WHITE METAL MARKET REPORT

FLD has released its third quarter White Metal Market Report, outlining the state of the fleet industry in 2022. The report notes that although many challenges from 2021, such as shortages in labor and chips, as well as supply chain issues, persist, the fleet industry has learned to thrive despite them. The report goes on to suggest that the worst may be behind the industry, and that it has found a new normal. The report also provides an overview of the first half of 2022, highlighting wholesale vehicle prices, which likely peaked in Q1, and the impact of inflation and gas prices on businesses. While supply chain issues are likely to persist in the near term, the report suggests that the industry’s ability to deal with them will be a key indication of how well it will weather the current storm. Click the link below to read more

LEVERAGING TECHNOLOGY TO IMPROVE THE CUSTOMER EXPERIENCE

Making customers lives easier by developing innovative, intuitive software that helps them do more with less is a big part of our legacy here at FLD. From developing the first online condition report over 20 years ago to creating site where fleet pros can manage their remarketing from any device, anytime, anywhere in the world, our team tells you why technology has always been an important part of who we are.

REMARKETING IN AN EV WORLD 

Electrification and talk of EV’s is rippling across the fleet space but what does that mean for vehicle remarketing? The team at FLD discusses this growing phenomenon and how it will effect vehicle remarketers over the coming months and years.

FLD WHITE PAPER SERIES: REMARKETING IN AN EV WORLD

With the industry going wild for anything “EV” (electric vehicle) related, the team here at FLD thought it was important to take a deep dive into this growing phenomena and the realities of remarketing in an EV world.

FLD FRANK TAKES WORK TRUCK SHOW BY STORM!

With the 2022 Work Truck Show returning after an off year, we sent our intrepid observer FLD “Frank” to give our customers, partners and friends the scoop on this year’s show.

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FLD: AN EASIER, MORE FOCUSED EXPERIENCE

SVP of Sales and Marketing Bill Bishop explains why remarketing with FLD offers fleets an easier, more focused experience that saves them time and money while helping them get paid faster while avoiding road blocks and hassles. 

Q4/Q1 White Metal Market Report

The year 2021 turned out to be unexpectedly challenging due to the ongoing COVID-19 pandemic. Despite initial hopes of improvement with the introduction of vaccines, the industry faced difficulties such as trade shows transitioning to virtual events, restrictions on corporate travel, and a shortage of new and used inventory. The chip shortage further impacted the global auto market, leading to production limitations and financial losses exceeding $210 billion. Additionally, disruptions in the global supply chain affected manufacturing components and raised concerns within the fleet industry.

The market report emphasizes the unpredictable nature of the situation and the difficulty in relying on traditional economic indicators to gauge the market’s direction. The Delta variant of COVID-19 caused setbacks, and issues related to chips, inventory, supply chains, and labor persisted. The author highlights that a significant portion of vehicle orders might never be delivered. This uncertainty hampers the ability to predict the industry’s trajectory accurately, making cautious decision-making and strategizing essential for fleet professionals.

Looking ahead to 2022, the market report suggests that the challenges from the previous years will continue. The supply chain remains disrupted, new variants of the virus are affecting work arrangements, and issues with microchips, supplies, and labor persist. The remarketing space is expected to face difficulties in accessing new inventory, leading to high prices for used assets. The production of medium-duty vehicles is hampered by resource, component, and labor shortages. Used inventory prices are expected to remain high, but not experience the same meteoric increases seen in recent years. Click the link below to read the full article.

JANUARY 2021/ Fleet Management Weekly Year End Recap/Year Ahead Review

Industry bible Fleet Management weekly turned to our own resident expert Bill Bishop for it’s 2021 wrap up and a look ahead to what the fleet world can expect in 2022.