Fleet Management Experts Predictions

The segment of fleet management is undergoing tremendous changes presently. The same trends are going to be observed in coming years. If you belong to this sector, then find out what experts say. 

Sharp Increase in Fuel Costs
A steep increase in the fuel costs are seen across the world as it will continue further. This has forced the companies in the fleet management field to resort to the economically favorable strategies. Some steps followed are reducing the cost of conveyance, uplifting and reusing the equipments. 

Advantages of Telematics
The fleet management segment is adopting the Telematics as a preferable method of monitoring the fleet movement. The benefits of Telematics are manifold. As a niche industry too, Telematics is playing a vital role as a biggest trend. Due to versatility its demand is fast catching up in industry.
 
Recruitment of Young Manpower
Fleet management too faces the problem of performance stagnation due the presence of aging drivers. To grow out of this problem recruitment drives for young drivers to replace the older folk is conducted.

Growing Shortage of Experienced Technicians
Qualified technical support staff remains in shortage in fleet management segment. The shortage is very deleterious to the efficient functioning of fleets and the service performance including time factor. The companies successfully making available the trained technical manpower surely get a cutting edge over the others.

New Emission Standards
Experts in the field of fleet management observe that more stringent emission standards are waiting to be imposed by 2010. Due to the new laws on vehicular emissions, market prices of the diesel engines will be hiked up. Thus the shortage of the diesel engines will adversely affect the availably of the same as they will be stocked up before price rise. Someone new to try in fleet transport system should keep this thing in mind before buying logistics

Longer Lifecycle of the Vehicle
There is observed a tendency on the part of fleet management companies to prefer the vehicles with more durability. This ensures less depreciation of the machinery with the long passage of the time. In addition more stress is laid on enhancing the service delivery so that the process of fleet transport is accomplished with more efficiency.

Direct Selling By Factories
Companies in the fleet management segment are getting vehicles directly sold by the factories. The manufacturers are forced better their service standards and client satisfaction. New demand-supply picture of the market is showing up due to the direct marketing by the manufacturers.

New Acquisition by Companies
Among fleet management companies there is seen a trend on the part of big companies to acquire more marketplace. In this concern many companies are taking financial initiatives to gather more funds from the capital and open market. Furthermore many takeovers are being reported in which the big players have acquired small manufacturers and distributors. In a general sense more compact market is taking place gradually. Consequently lots of changes are expected in the price levels, lead times and availability of products and services.