Low Diesel Inventories Trigger Record Prices and Inflationary Pressures

The 118th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich. 🎙Today's topics include: - On average, diesel stockpiles today are 30% lower than what they have traditionally been at this time of year. As of Oct. 21, diesel supply in the U.S. is down to 25 days, which means diesel inventories are at their lowest level for this time of year since 2008. - There is a direct correlation between the low inventory of diesel and the price at retail pumps. This low supply is exerting upward pressure on the price of diesel, especially since there is an ongoing strong demand for the product. - When diesel stockpiles contracted in April and May 2022, it created upward pressure on retail prices. In May 2022, No. 2 diesel hit an all-time record retail price of $5.51 per gallon. - The higher cost of diesel creates inflationary pricing pressures. For instance, when the cost to transport goods increases, those increased costs are passed on to end-users. - What will ultimately bring down the price of diesel and increase the inventory of diesel fuel will be the recession that everyone is predicting. A recession would slowdown in end-user demand and industrial activity, which, in turn, will put downward pressure on fuel consumption.

The Most Maneuverable Service Body You Can Find! And So Much Room Too!

 

One of the great work trucks that many contractors love is the KUV by Knapheide. This is often called a plumbers body because plumbers, in particular, love the features, but a wide variety of contractors find this body just as useful to them. There are many deep compartments on the outside, two shelf access rear doors for pipe, molding, and other longer items, and large rear doors give easy access to the vast interior keeping equipment out of sight and out of the weather. Then there is the master lock system making your day flow more smoothly. All this plus a good-sized billboard for advertising your business.

But wait, there's more! All of this is mounted on the perfect chassis for this type of body: The Low Cab Forward (LCF) 4500. With only a 109" wheelbase, this truck turns tighter than the average pickup truck. The frame, suspension, tires, and wheels are heavy-duty and designed to carry the weight. This unit has the 6.6 gas V8, automatic, AC, and much more. The cab tilts forward to access the engine making it easy to service.

Call our fleet pros at 951-364-2499 for more information!

See more about this truck here.

See all of our ready to go to work right now truck inventory at ParadiseFleet.com

Chevy MyWay: 2022 Chevrolet Malibu RS Walkaround | Chevrolet

Because every day should feel luxurious, learn how the 2022 Chevrolet Malibu RS comes ready to impress with its sleek design and beautifully crafted interior.

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Just In Time Delivery Van For Work Truck Monday!

This 3500 Express Cutaway Van with Supreme Straight Box Van Body is just in time for holiday deliveries or moving things from here to there! Maneuverable. Comfortable. Cavernous Space. Let's get moving while this lasts!

See more about this great delivery option here.

See all of our ready to go to work right now truck inventory at ParadiseFleet.com

 

Chevrolet Owner Manual: Digital Copies & How to Videos | Chevrolet

Find information and answers to your questions in your Chevrolet vehicle Owner Manual. 

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2024 Chevy Trax – Introduction | Chevrolet

The all-new 2024 Trax is a bigger, bolder, more refined SUV with unmistakable styling, uncompromising tech, unwavering safety and undeniable value.

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Labor Shortages Impacting Fleet Operations and Suppliers

The 116th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich. 🎙Today's topics include: • Labor shortages are occurring in many industries that support the fleet market, ranging from vehicle transport companies that are coping with an ongoing driver shortage, to national account fleet service providers who are struggling to recruit and retain qualified technicians. • These pandemic-induced labor shortages in the fleet industry extend deep into many fleet service provider organizations. Fleet managers complain of longer vehicle turnaround due to staffing issues at maintenance and collision repair shops. • There is also a massive shortage of drivers who operate trucks that requires a CDL (commercial driver’s licenses). Companies such as those in hauling/towing services and vehicle transport companies are having trouble retaining and recruiting CDL drivers. • Changing age demographics is also contributing to the shortage of workers due to the large scale retirement of Baby Boomers, who are exiting the workforce.