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Cost savings is top 2012 focus for u.s. commercial fleets,according to ge capital fleet services su by icdenta icdenta





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Cost savings is top 2012 focus for u.s. commercial fleets,according to ge capital fleet services su by
Article Posted: 12/07/2012
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Cost savings is top 2012 focus for u.s. commercial fleets,according to ge capital fleet services su


 
Business,Business News,Business Opportunities
EDEN PRAIRIE, MN--May 24, 2012: Forty-six percent of fleet managerscite cost savings as the primary focus of executive management asit relates to their company's fleet operations, according to arecent survey conducted by GE Capital Fleet Services. This wasfollowed by on-time delivery and service, driver safety andresource productivity (all 15 percent). "We specialize in working closely with customers to make themsuccessful based on the demands of today's business environment andthe future goals of their organizations." Accordingly, when fleet managers cited their greatest concerns for2012, 26 percent said meeting their organizations' cost-savingsgoals was their greatest concern, an increase of three percentsince last year's survey, followed by driver safety (23 percent)and workforce productivity (19 percent). The GE Capital Fleet Services' survey of fleet managers wasrecently conducted at the 2012 NAFA Institute & Expo in St. Louis.

"Whether identifying ways to reduce maintenance spend or fine-tunevehicle replacement strategies, we continue to experience a highdemand from customers on how best to optimize their fleets anddrive out cost," said Mark Hayes, chief marketing officer of GECapital Fleet Services. "We specialize in working closely withcustomers to make them successful based on the demands of today'sbusiness environment and the future goals of their organizations." According to the survey, in the next 12 months fifty-seven percentof fleet managers will have incorporated alternative fuel vehiclesinto their fleets. Fewer fleet managers than a year ago said theydo not currently have plans to incorporate alternative fuelvehicles over the next 12 months (30 percent today down from 34percent). Other key findings from the survey include: Analytics: Thirty-eight percent use analytics tools to identify ways toimprove operational efficiencies and 24 percent note analytics haveassisted their purchasing decisions.

Vehicle replacement: Only 7 percent of respondents do not have plans to pursue avehicle replacement program in the next 12 months. Leasing versus owning: Forty-eight percent said the majority of the fleet they manage isleased, equal to the percentage whose fleets are owned by theircompany. For more information about GE Capital, Fleet Services, visit: GE Fleet . About GE Capital, Fleet Services GE Capital, Fleet Services, based in Eden Prairie, Minn., is aglobal fleet management company with operations in the UnitedStates, Canada, Europe, Japan, Australia and New Zealand. Visit theWeb site at gefleet.com or follow the company's eco news andupdates via Twitter (@GEFleetSvcs).

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