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 […]

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 […]

As he has the last 3 years, our Director of Business Development Richard Mallek was asked by industry bible Fleet Management Weekly to give us thoughts on this year’s Work Truck Week conference and some of the new innovations he saw while there. Must see!

As he was in 2023, FLD Frank was the star of the show at this year’s Work Truck Week in Indianapolis – greeting visitors to our booth, getting mobbed on the show floor, and sharing his insights on some of the important folks and big developments he saw during an action packed week!

This White Metal Market Report provides an overview of the 2023 fleet and wholesale used vehicle market, as well as predictions for 2024. The year started steadily, with vehicle pricing and volume aligning with 2022 trends. However, by May, the market saw a sharp decline in wholesale vehicle prices, which dropped by around 10%. This […]

This article discusses the challenges faced by the fleet industry since the pandemic, such as vehicle shortages, inflation, rising gas prices, and limited access to capital. FLD, a leader in vehicle remarketing, has developed strategies to help fleets navigate these disruptions. A key solution is their OVRView app, which offers real-time visibility and control over […]