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The first comparison of our quarterly Sentiment Index shows that top fleet managers are feeling slightly less confident about the industry in Q4 2024 than they were in Q3, with 5 of the indicators measuring lower and two marginally lower. The Sentiment Index is compiled each quarter based on how FLD’s Customer Advisory Board members confidence in 7 key indicators including vehicle availability, fuel prices and more. Here you can see that Q4 sentiment is slightly lower than Q3 in five of the seven categories we track.
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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 […]
One of our most popular series, “Get to Know TeamFLD’s” newest Director of Business Development Carrie Galvan, a former client who liked working with us so much she came to work with our world class remarketing team!
As we do each quarter, FLD Charities supported yet another South Florida children’s charity in Q2, this time the amazing organization “Little Smiles,” who’ve been helping local children deal with trauma since 1999.
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 […]
Hired to re-write FLD’s proprietary software in 1997, Santiago went on to be Chief Technology Officer and one of three partners in the company. Find out what makes him tick and why he’s the reason FLD is always one step ahead in the race to give our customers the best tech experience possible.
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!
Fleet experts trust FLD to save time, money, and resources.