SAFETY, US ECONOMY TOP OF MIND. With the end of the year fast approaching our Q4 Fleet Manager Sentiment Index shows that while top fleet managers feel much the same about our basket of 7 key indicators, conversations with them are starting to expose some divergence in their thinking and concerns about some of the potentially more critical categories like safety and the US economy, with one of our customer advisors saying the economy “felt like 2008 all over” as tariffs and a long few years of high interest rates have stifled growth. Fleet managers also continue to be negative on talent availability – especially when it comes to drivers – as well as expressing concerns about vehicle service and maintenance, citing rising costs and increased repair times as especially concerning. *Mouse over any quarter to see its specific chart.
One of our most popular series, “Get to Know TeamFLD’s” Ron Fields, who has worked in the automotive field since he was 16 years old!
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 […]
One of our most popular series, “Get to Know TeamFLD’s” newest Director of Business Development Carrie Galvan, a former client who liked working with us so much she came to work with our world class remarketing team!
As we do each quarter, FLD Charities supported yet another South Florida children’s charity in Q2, this time the amazing organization “Little Smiles,” who’ve been helping local children deal with trauma since 1999.
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 […]
Hired to re-write FLD’s proprietary software in 1997, Santiago went on to be Chief Technology Officer and one of three partners in the company. Find out what makes him tick and why he’s the reason FLD is always one step ahead in the race to give our customers the best tech experience possible.
Fleet experts trust FLD to save time, money, and resources.