FLD’s quarterly Fleet Manager Sentiment Index scores how top fleet managers are feeling about 7 key topics important to the industry on a 1 (not feeling positive about a subject) to 5 basis (feeling confident). Tariff uncertainty. Budget cutting. EV back pedaling. The first half of 2025 has been a cauldron of disruptions, as fleets try to navigate yet another rough stretch just as it seemed the industry was settling into familiar patterns. That didn't go unnoticed by our panel of top fleet managers who report that while they're collective confidence in vehicle availability and the supply chain has increased minimally in Q2, their feelings on talent availability, maintenance and the US economy have taken a step back. Note that this quarter we add a new category - safety - due to its unquestioned importance to fleets everywhere. *Mouse over any quarter to see its specific chart.
This year’s Work Truck Week was the biggest event of the year and our Rich Mallek was there to give his thoughts in a Fleet Management Weekly interview live from the show floor.
Work Truck Week 2025 saw record attendance and exhibitors, affirming its status as the premier fleet industry event. Tariffs and regulatory uncertainty were major discussion points, while relationship-building took precedence over new tech. Electric vehicle (EV) momentum slowed amid infrastructure concerns, with alternative fuels like hydrogen and propane gaining interest. Major OEMs showcased electric offerings, […]
In 2024, the wholesale used vehicle market returned to more “familiar” patterns after years of volatility. Values declined about 15% across most classes, with smaller vehicles holding value better than larger ones. High-mileage, lower-quality units were abundant, while newer, low-mileage vehicles remained scarce—a trend expected to persist in 2025. Economic uncertainty, interest rates, and a […]
The 2024 White Metal Market Report (Q3) highlights a stable yet uncertain used vehicle market. While consumer spending remains strong despite inflation and high interest rates, economic uncertainty lingers, and any major disruption could push the market downward. Housing prices are rising, unemployment is slightly up, and a strong U.S. dollar is limiting international demand. […]
The 2024 White Metal Market Report (WMMR) provides a detailed review of the used vehicle market, which has stabilized after a challenging start to the year. While prices softened by about 10% in the third quarter compared to 2023, trends vary across segments. Passenger and light-duty vehicles remain in steady demand, while larger vehicles, such […]
Fleet managers face challenges with visibility during the remarketing process, particularly after the pandemic, leading to costly consequences like selling assets for less than their worth. This issue is exacerbated by the geographical spread of fleets and the complexity of managing assets remotely. Despite using advanced software, fleets often struggle to track assets’ locations and […]
Remarketing used fleet assets is fraught with risks, including potential financial losses, extended remarketing timelines, and hidden costs that erode return on investment (ROI). The pandemic exacerbated these issues, with many fleets holding onto aging vehicles due to supply chain disruptions and a lack of replacements. Vehicles now often exceed 12 years in age, increasing […]
The Q2 2024 White Metal Market Report reviews the state of the used vehicle market and offers predictions for the rest of the year. The used vehicle market, particularly affected by the pandemic and supply chain disruptions, shows signs of stabilizing in 2024. Although the year started slowly, the market picked up in spring, and […]
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