Shell Fleet Solutions Q3 Trend Report

As we head into Q4, fleets find themselves in some uncertain territory. Although gas prices are decreasing, there is still concern around inflation and the US economy while we continue to deal with the effects brought on by the COVID-19 pandemic, ongoing supply chain issues and the lasting effects of the Ukraine war. Add all of this up, and fleets are feeling the pressure to reduce costs and increase efficiency. However, while these very real factors cannot be ignored, there is room for optimism and things within your control. Technology, for example, is unlocking significant potential in terms of managing costs and running a secure operation.

Shell Fleet Solutions recognizes the need for innovation. While we made our mark originally as a Fuel Card provider, we know fleet management professionals face several challenging issues and difficult decisions every day beyond payments. Thus, we evolved our business and have continued to develop solutions to provide exceptional service while offering more and more ways to simplify the lives of our fleet customers. In addition to the largest network of fueling stations and payment cards, Shell Fleet Solutions will work to understand your unique business needs and provide a unified suite of solutions that fleets can control themselves and have optimism in, from telematics and maintenance plans, to EV charging.

As your trusted consultant, we understand the importance of staying on top of fleet management to ensure quality service and profitability. Today, one of the biggest trends in the fleet industry is an increased reliance on technology. As an innovator, Shell Fleet Solutions knows data is critical to understanding fleet operation, ensuring optimal performance today and providing a plan for the future. For example, Shell Telematics can help increase fleet fuel efficiency and make data work harder for your business. With the latest GPS vehicle tracking technology and integrated fuel card data, Shell Telematics can provide the visibility needed to get the best results from drivers, vehicles and operations.

As you work towards your end of year goals, we hope you keep Shell Fleet Solutions in mind as a valued consultant for all your business needs. Thank you for trusting us to help keep your fleet moving efficiently.

Sincerely,
Andrea Brecka
Vice President and General Manager, Fleet Solutions North America, Shell

Fuel management tips for mixed fleets

Fuel management is unsurprisingly top of mind for fleets. This last quarter showed that fuel prices can fluctuate, and mixed fleets face the additional challenge of not being able to adopt a “one size fits all” approach. However, there are plenty of ways to reduce fuel costs. Work Truck dives into various tips to help fleets manage fuel better with telematics, fuel cards and more.

Corporations confront obstacles in the transition to green vehicle fleets

EV fleets represent a particularly promising segment of the potential market for charging services, which can help fleet operators reduce their costs by procuring and managing energy in efficient ways. EVs can help to improve fleet efficiency and it has driven demand among fleet managers. In the US, the market for fleet charging services could amount to $15 billion per year by2030, according to McKinsey Sustainability, including offering energy management services and providing ancillary grid services to support the charging of EV fleets. CleanTechnica digs into the obstacles and benefits of going electric.

Tips to Improve Cargo Management

Storing expensive equipment is involved in the job of many fleets, and the high visibility of these vehicles makes them prime targets for theft. Jessica Smith, VP of Customer and Data Insight for Phillips Connect shared that, “cargo theft has dramatically spiked since the beginning of COVID-19, resulting in billions of dollars” of losses. Since the onset of the pandemic, this surge has been contributed to a multitude of factors and understanding efficient cargo management is essential to mitigating these risks.

How Will a Recession Affect Fleet Sales

While a recession is forecasted supply chain issues are causing issues for a variety of industries, one area experiencing high demand is the EV market. Automakers are continuing to prioritize EVs and semiconductor chips while the U.S. has surpassed a milestone of more than 100,000 charging outlets £3 this year. Yet with longer-term predictions of 40%-50% EV market share by 2030, still more charging infrastructure will be needed to get there. This positions Shell Recharge Solutions to provide customized turnkey EV charging solutions for fleets as an expert consultant to work through the challenges of electrifying, including setting up charging infrastructure and tapping into the local utility grid to providing the software and even offering options for fleet vehicles to optimize EV fleets.