ONE MORE, JUST LIKE BEFORE. Perhaps owing to the fact that many fleet managers report being in a "holding pattern" the past year, FLD's Q1 Fleet Manager Sentiment Index saw little change from what our collection of top fleet managers thought in our Q4 Index. With 4 of our 7 Q1 topics scoring less than 20% different from their Q4 tallies, it's safe to say that top fleet managers aren't sure what to think these days. And with the tariffs, out of control costs - and now a war in the Mideast - it's likely the only thing fleet pros know is that they don't know anything - something we are hearing often from our CAB and other top fleet managers. Of the three remaining categories that we follow, two showed a deviation of less than half a percent from Q4 2025 to Q1 2026, with only one topic - the US Economy - moving a full half a percent (up) due largely in part to a reduction in interest rates - and milder than expected inflation - towards the end of 2025.
*Chart is rated on a scale of 1-5 with 5 being most confident. Mouse over any topic to see its specific chart.*
Halfway through the year and our newest quarterly Fleet Manager Sentiment Index is showing that top fleet leaders are feeling no more confident about the state of the industry than they were at the beginning of the year. Taken in the waning days of Q2, our latest Index – as well as conversations with our Customer Advisory Board – has most fleet managers living in a perpetual state of uncertainty, with strained global affairs, rising costs and the pressure to do more with less consuming many. Hardly the kind of environment that instills confidence, but we’ve noticed an admirable resiliency that sees our customers thriving in the face of an industry that’s changing faster than at any time in its history. Safety remains a top concern, with fleets under pressure to do all they can to curb liability and risks. One change we note from last quarter is a drop in confidence driven by rising service and maintenance costs as well as an increase the time it takes to repair vehicles, downtime that is costing them money and straining their operation *Chart is rated on a scale of 1-5 with 5 being most confident. Mouse over any quarter to see its specific chart.
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 fleet vehicle 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’ […]
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 […]
As he has the last 3 years, our Director of Business Development Richard Mallek was asked by industry bible Fleet Management Weekly to give us thoughts on this year’s Work Truck Week conference and some of the new innovations he saw while there. Must see!
This White Metal Market Report provides an overview of the 2023 fleet and wholesale used vehicle market, as well as predictions for 2024. The year started steadily, with vehicle pricing and volume aligning with 2022 trends. However, by May, the market saw a sharp decline in wholesale vehicle prices, which dropped by around 10%. This […]
This article discusses the challenges faced by the fleet industry since the pandemic, such as vehicle shortages, inflation, rising gas prices, and limited access to capital. FLD, a leader in vehicle remarketing, has developed strategies to help fleets navigate these disruptions. A key solution is their OVRView app, which offers real-time visibility and control over […]
FLD Charities was proud to name the Tire Kingdom Charity Classic as our Q4 recipient and even more proud to participate as a title sponsor for this great event – which helps provide educational opportunities for South Florida youth – for the 5th year in a row.
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