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Big Data and Asset Utilization: How OEMs Are Helping Fleets Succeed

Posted in Fleet Utilization and Availability on August 8, 2016

The entire trucking industry is starting to come together to leverage big data to drive profitability and operational efficiency.

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Top 5 Strategies to Increase Asset Utilization Rates

Posted in Fleet Utilization and Availability on May 4, 2016

Asset utilization, when tracked correctly, provides a good indication of the health of your fleet maintenance program. The challenge is recognizing what data to use in your calculations.

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4 Challenges to Achieving High Asset Utilization (and How to Solve Them)

Posted in Fleet Utilization and Availability on November 2, 2015

In an era of tighter margins and shrinking profits, it's critical to increase asset utilization rates. Every unnecessary repair cost, wasted manpower hour and needless rental expense cuts into your fleet's profitability.

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4 Ways SRM Helps You Squeeze More Profit Out of Older Assets

Posted in Fleet Utilization and Availability on October 26, 2015

The average age of fleet vehicles is nearing an all-time high. While preventive maintenance (PM) is important regardless of the age of the truck, it takes on increased importance with older assets.

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3 Steps to Keep Asset Utilization High

Posted in Fleet Utilization and Availability on October 7, 2015

To maximize your profitability you want to keep as many of your trucks on the road as often as possible. High asset utilization translates into dollars on your bottom line.

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Is Your Fleet Using Technology to Increase Asset Utilization Rates?

Posted in Fleet Utilization and Availability on September 25, 2015

Before you can optimize asset utilization, you need to make sure you have defined it properly for your operation and are including all the necessary elements in your calculation.

There really isn't one right way to calculate asset utilization. For example, I know of one motor coach fleet that calculates it based on which of its coaches are available at 7 a.m. each day. That works for them, but clearly may not be the best way to measure asset utilization if you are a for-hire carrier.

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The Truth About the Service Downtime Menace

Posted in Fleet Utilization and Availability on September 11, 2015

Downtime is a dirty word to all fleets, but fleets and service providers typically have different definitions. However, no matter how you define it there are multiple sources of delay that go well beyond the technician labor hours required to resolve the service or repair activity at hand.

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Maximize Driver Efficiency with a Strong Fleet Maintenance Process

Posted in Fleet Utilization and Availability on September 3, 2015

A recent report on driver efficiency highlights how a driver's time is like “an hourglass” in that it's continually diminishing.

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4 Factors that Drive up Asset Utilization

Posted in Fleet Utilization and Availability on August 14, 2015

Every fleet manager wants a high asset utilization rate. Asset utilization is an important measure of how efficiently your fleet is operating. Many factors contribute to asset utilization and changing any one of them can make a big impact.

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3 Questions You Must Answer to Improve Asset Utilization

Posted in Fleet Utilization and Availability on July 31, 2015

When your trucks aren't on the road, not only are they failing to make you money, they are also costing you money.

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