As a fleet manager, you know how quickly the fleet industry can change. And how important it is to stay on top of the latest trends and challenges to ensure your fleet runs as smoothly and efficiently as possible—often through innovative solutions.
In The Fleet Success Show podcast, RTA CEO Josh Turley and former fleet manager-turned-RTA fleet consultant Tony Yankovich highlighted key trends, such as technician shortages, electric vehicle (EV) transitions, cost management, and fleet right-sizing.
Watch the full episode
Here’s a closer look at these trends, the challenges they bring, and our experts’ recommendations to tackle them effectively.
The technician shortage is still one of the biggest challenges fleets are facing, and it doesn’t look like it’ll let up any time soon. Fleet operations rely on qualified technicians to maintain vehicles and assets, yet budget constraints often make it difficult to attract or retain them.
In the podcast, Tony shares a recent story where a fleet lost two technician hires due to a budget freeze, leaving critical positions unfilled. It’s not an uncommon issue these days, so finding opportunities to keep and retain good talent, while also recruiting new employees, is essential.
Recommendation: Perform a staffing analysis to justify the need for technicians and align staffing levels with the size of the fleet.
Communicate the safety and efficiency risks of technician shortages to your stakeholders to underscore the value of full staffing. Investing in competitive compensation and continuous training can also enhance technician retention, helping fleets build a strong, stable workforce.
Many fleets are planning or have already begun the transition to electric vehicles, driven by sustainability goals and regulatory pressures.
However, EV integration means more than just acquiring the vehicles; it calls for significant infrastructure investments, from charging stations to new maintenance protocols.
Yankovich pointed out that “space is at a premium when it comes to charging infrastructure,” especially in densely populated fleet yards. Making sure you have the physical space and power grid needed to support an EV fleet is a challenge many mandates don’t consider.
Recommendation: Start by developing a comprehensive EV transition plan.
Assess space requirements for charging infrastructure and allocate or repurpose parts of your facility for this purpose. To manage costs, phase in EVs gradually, prioritize high-utilization vehicles, and explore grants or tax incentives to help fund infrastructure upgrades.
Rightsizing—or ensuring a fleet has the correct number and type of vehicles—is essential to reduce costs and improve operational efficiency.
Yankovich highlighted a zero-based budgeting approach for fleet size assessment, which involves evaluating each asset’s necessity and removing redundancies.
This approach not only helps ensure your fleet is the right size for its needs, but also helps reduce unneeded and underused vehicles so your fleet operates at maximum efficiency.
Did you know that RTA’s consultants have decades of experience rightsizing and right-typing fleets? Schedule a consultation to find out how they can help you get the most out of your fleet.
Recommendation: Conduct regular fleet utilization reviews to determine current needs.
Bring in a third-party consultant if possible, as they can provide an unbiased perspective and can identify areas of improvement that internal teams might overlook. In some cases, downsizing the fleet can reduce operational costs while maintaining or even improving service levels.
Excessive or outdated parts inventory is a common source of waste in fleet management. Yankovich explained how unused parts can accumulate if not regularly audited, with some fleets carrying inventory worth tens of thousands of dollars for assets they no longer operate.
“If you can’t get credit for it from the vendor, put it in that vehicle and auction it off with the vehicle,” he suggested, emphasizing the importance of proactively managing parts inventory.
Recommendation: Implement a regular cadence for parts inventory reviews.
Track parts turnover rates and eliminate or sell off parts that haven’t moved in 12-18 months. By re-evaluating inventory regularly, fleet managers can avoid carrying obsolete items and reduce storage costs.
Fleet assets play a critical role in M&A deals, especially in industries like waste management and construction. Fleet consultants are increasingly involved in conducting due diligence to ensure that fleet assets are accurately valued.
“Before [buyers] want to invest in something like this… they want to make sure that the assets are reasonable,” said Yankovich, highlighting the need to verify fleet conditions before finalizing any transaction.
Recommendation: If your organization is considering an acquisition or merger, conduct a thorough fleet assessment.
Document maintenance histories, assess the condition of assets, and ensure records are up-to-date. Third-party fleet consultants can conduct unbiased evaluations, providing critical information to support or negotiate purchase prices.
Managing a modern fleet comes with a unique set of challenges, but with the right strategies and resources, fleet managers can optimize operations, control costs, and position their fleets for future success.
RTA’s team of experts offers comprehensive consulting services to assist with staffing analysis, EV transition planning, right-sizing studies, and more. With experience in fleet management and consulting, RTA can provide insights tailored to your fleet's needs, from technician recruitment to in-depth budget assessments.
If you’re ready to explore ways to optimize your fleet, connect with RTA Consulting Services today to discuss consulting options.