Smart Fleet Management
Commercial Truck Residuals and
Comprehensive Total Cost of
Ownership Analysis
Abstract:
While understanding the relationship between truck ownership and operating cost is an important part of fleet management, it is the fluency in applying the concept of truck residuals to the financial side of fleet management that helps fleet managers drive better acquisition and disposition decisions.
While understanding the relationship between truck ownership and operating cost is an important part of fleet management, it is the fluency in applying the concept of truck residuals to the financial side of fleet management that helps fleet managers drive better acquisition and disposition decisions.
Read this guide to understand:
- The two main approaches to vehicle utilization – the rental concept and the market concept and how the two differ from each other
- When to right-size your fleet based on asset utilization to avoid the hidden cost of additional maintenance events
Why download this whitepaper? The practical application of the fleet management methodology offered in this paper arms the fleet industry professionals with the knowledge of fleet management best practices, ability to drive better fleet management decisions that are mathematically and statistically supported by not only the house data but overall market data as well.
Meet the Leadership Team
Industry experts driven to deliver cost-effective, timely and streamlined solutions to our clients
Tom ChristersonDirector, Strategic Accounts
Tom brings over 10 years of Construction Data business experience and deep industry knowledge to the table and is dedicated to taking a consultative sales approach by leveraging his in-depth product proficiency to help customers make informed, data-backed decisions.
Sam GiffinDirector, Business Insights
Sam leads the industry's largest analyst team made up of data scientists, statisticians and economists. He is a frequent speaker and writer of thought leadership content in the industry, has an MS in Applied Economics from GSU, and is on CE's Under 40 list.
Garrett SchemmelVP & Market Leader
Garrett graduated with an MBA from the Georgia Institute of Technology and serves as VP for EquipmentWatch, the leading data and intelligence provider in the heavy equipment industry, and Price Digests, a leading data provider to the commercial insurance and taxation industries.
Dan SmithManaging Director
Dan has 17 years of experience in the industry at Price Digests with a heavy focus on P&C Insurance rating workflow, risk analysis, and portfolio analysis including commercial auto, specialty and inland marine lines of business.