Productivity is Top Focus for U.S. Truck Fleets in GE Capital Fleet Services Survey

Updated

Productivity is Top Focus for U.S. Truck Fleets in GE Capital Fleet Services Survey

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- Forty-four percent of fleet managers cited maximizing productivity as their primary concern in managing their company's truck fleet, according to a recent survey conducted by GE Capital Fleet Services.

Highlighting fleet managers' increased focus on keeping operating expenses in check, additional concerns include meeting cost savings goals (24 percent) and understanding the impact of new vehicle technologies, such as alternative fuel vehicles (20 percent).


When fleet managers were asked to name the single most important area of focus in maximizing fleet productivity, 29 percent cited specifying the right truck for the job. Similarly, 22 percent said specifying the right truck was the most important service their fleet management company could provide. The next most important areas cited were tracking downtime and reducing total cost of ownership (both 18 percent).

"Unexpected downtime can result in lost time and money, and cause unnecessary difficulties for fleet managers and drivers alike," said Ken Gillies, manager of truck purchasing and engineering for GE Capital Fleet Services. "Our truck engineers make it a priority to help our customers find the right truck for the job, which will in turn help them minimize downtime and maximize productivity."

About GE Capital Fleet Services

GE Capital Fleet Services, based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit the website at gefleet.com or follow the company's eco news and updates via Twitter (@GEFleetSvcs).

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital).

GE (NYS: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.



GE Capital, Americas
Allison Perkins, 203-229-1447
allison.perkins@ge.com
or
GE Capital Fleet Services
Greg McCullough, 952-828-2858
greg.mccullough@ge.com

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS:

The article Productivity is Top Focus for U.S. Truck Fleets in GE Capital Fleet Services Survey originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement