From rising insurance costs and ballooning driver wages to everyday expenses, operations costs for private fleets are reaching troubling new heights. Inflation and other big-picture economic challenges are blowing budgets and creating an economic burden that’s only worsening with time. Of all the factors contributing to crippling operations costs for private fleets, one stands above
The rising cost of doing business is taking its toll at every level of the transport industry. Today’s private fleet operators must contend with skyrocketing fuel prices, higher insurance rates and countless other hardships in addition to maintaining day to day operations. What are some of the biggest challenges faced by private fleets today, and
You don’t have to be an economist to notice the disastrous effects of rising fuel costs. Each day, transport fleets and ordinary consumers are feeling the pain of higher prices at the pump. It’s hard not to feel like you’re being price-gouged each time you fill your tank. But who’s really doing the gouging?
From crippling inflation to ongoing supply chain issues, there are many alarming trends in the modern transport economy. One of the most concerning issues is the rising threat of a major diesel shortage. If this should become a reality, it could deal a huge blow to a transportation economy already facing existential threats on several