PRIVATE TRANSPORT FLEET MANAGEMENT
Table of Contents Introduction 2 Increase in demand of private transportation 3 Current trends in private fleet market 3 Best practices in private fleet business 7 Conclusion 8 References 9
Introduction
Private carriage is an important part of the U.S economy and world over as well. The development of private fleets became pervasive after World War I when governments, local, state, and federal, developed highways. It is an important complex task to operate private fleets whereby significant pressures related to cost and maintenance remains pervasive in the industry. Along with industry related challenges, there are several factors related to compliance, safety, and accountability (CSA) enforcement that private fleet owners have to consider. The transportation system world over and specifically in the U.S is not complete until private fleet is not accounted for. The U.S has one the largest private fleet companies in the world. Until 1990s, 50% of all domestic trucking in the U.S was accomplished by the private fleets (Maltz, 1993). Usually the private transport carriers are vertically integrated firms that use transportation transport hires the rental services from private transport carriers. The logistics management journal estimated the private fleet market to be $280 billion market. Trucking industry is a major industry that is served by the private fleets. Up to 38% of the $563 billion trucking industry is served
There are many products and services available in the market today. The automobile market is no different. There are many brands, styles, and price ranges when it comes to vehicles. One specific area of the automobile market are trucks, more specifically is the Ram truck. Dodge Ram has been around since 1981. Truck sales have hit an all time high since 2007 proving that fuel prices are not affecting sales as much (Ross, J. 2013). The big three, Ford, Chevy, and Ram continue to fight each other in the truck selling business and have cut-throat marketing to try to be the best and on top of truck sales. Ram has gotten rid
U Drive Transport (UDT) is headquartered in Chicago and is a car sharing business located in over 20 major city centers and employees over 500 people. UDT serves densely populated urban areas where consumers tend to feel burdened by owning a vehicle. Consumers are able to subscribe to UDT on a yearly basis, anywhere from 2-80 hours per month, or consumers can rent a car for a 2 hour minimum, a day, a week, or a month. UDT has dominated the US market as the premier car sharing business and is looking to expand into the global market.
His academic background is in Graphic Design at UQAM and a Bachelor’s of Fine Arts
The differential in growth between the freight industry and the trucking industry could be the factor that pushes trucking vacancies. The trucking industry has a current growth rate of 1%, while the freight industry is seeing a 4% growth rate. In addition, federal safety regulations are limiting the work hours for truck drivers, which results in more employees needed by trucking companies.
Rivalry among established companies: This industry is highly consolidated with only 3 major players - somewhat an oligopoly. The industry is also characterized by numerous price wars between the 2 giants, namely, UPS and FedEx. Rest of the companies generally follow the trends set by these two firms or fall out. The exit barriers to this industry are high. This is due to the investments in hubs, vans, jets and other capital extensive infrastructure.
Although the airline industry is in the business to transport people from one place to another they could not function without those who keep the airplanes operating on schedule. The airline industry has become the major provider of public transportation for Americans traveling between the nation's cities. Scheduled airlines now account for 92%
1. Is the air taxi industry poised for take-off? What customer segments are most likely to lead to success?
The current demand for professional transportation is high; people are looking for a company they can rely on.
The survivability of TNT will depend on the economic growth of the industry and standard of living. When there is growth in the industry there will be a need for delivery services because companies will need to deliver their stock from one place to another in order to sell. Another positive is the rise in income level and the standard of living; people may move to bigger houses or invest in new ones. This would require the use of a delivery service. If business is growing for one company, they may need to expand or to move to a bigger location, they will need transport to move their inventory. Some small business may then decide to outsource the job to TNT.
Public transportation is serious need of a massive overhaul in this nation. We are in desperate need to catch up to the European standard of public transportation in this country. In Europe, citizens can travel across cities, bodies of water, and even counties with their state of the art public transportation system. Europeans are not nearly as reliant on cars and oil as the United States is because they have the much more practical option of taking the transportation provided to them by the government to where ever they need to go. They have set a model that the United States needs to strive for and meet in the near future.
Information about competitive transportation services will be gathered. Questionnaires will be distributed to students and faculty of Kent State University in order to gather customer insight. Also, a financial consulting firm will be hired to provide professional assistance.
Fleet management is the management of a company's transportation fleet. Fleet management includes commercial motor vehicles such as cars, vans and trucks, as well as rail cars. Fleet (vehicle) management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telemetric (tracking and diagnostics), driver management, speed management, fuel management and health and safety management. Fleet Management is a function which allows companies which rely on transportation in their business to remove or minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation and staff costs, providing 100% compliance with government
United Parcel Service, a logistics company has established itself through its strong corporate culture, continuous ability to innovate, and its far-reaching global network. The company has maintained a competitive advantage over the years by implementing continuous growth strategies—the first was geographic expansion, next the early adaptation of electronic tracking technologies, and then came a series of acquisitions. Although UPS is financially strong and is able to maintain its role in the courier and delivery industry—it is vital that UPS continue to act strategically as to strive for long-term success. UPS is heavily dependent on the U.S. economy and it is important that it find greater and more profitable ventures
The parcel service industry is made up of four main competitors. These competitors are UPS, FedEx, Airborne Express, and the U.S. Postal Service. Since 2000, American consumers have spent more than $50 billion to ship parcels, packages, and overnight letters. New parcel distribution patterns developed due to the way U.S. manufacturing companies are operating. The Internet has expanded the reach of direct marketing, particularly with retail transactions requiring home delivery. Globalization has also created the need for parcel carriers to expand worldwide.
Utopia, by Sir Thomas More, is a socio-political commentary on the state of 16th century English society. Originally published in 1516, More’s work has divided scholars on his intentions; whether he wanted for readers to seriously consider his ideas as a blueprint for society, or whether Utopia was merely an avenue for satire on his country. By examining how the text is presented, as well as features of Utopian society, including communal property, its absence of sin, and their impracticality in Tudor England, it can be argued that More does not expect readers to conclude that Utopia is the best of commonwealth.