Categories : fleet repair

 
East Peoria sees requirement for new garbage trucks – News – East Peoria Times-Courier – East Peoria, IL …

The earliest trucks in the fleet were purchased in 2008, Ferguson said. … They are the very first of that type of truck in the city’s trash truck fleet. The city …
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IS THE CURRENCY EXCHANGE RATE MAKING BRAND-NEW TRUCKS UNAFFORDABLE?The Loonie’s wings

have actually been clipped and it’s making brand-new devices purchases extremely painful. The Canadian dollar, as I compose this, deserves about 77 cents as compared to the United States greenback, which is down 17 % since this time last year. This is a double-whammy for fleets. Not only does it include 10s of countless dollars to the expense of a brand-new truck, it has an impact on almost anything else you need to purchase to support your company. Including fuel rates. The Globe and Mail reports this morning that the currency exchange rate is what’s keeping Canadian fuel prices high even in a low oil price environment. And in our August concern, owner/operator-columnist Mark Lee admits he has actually had to postpone the purchase of an APU because while he looked around for the ideal one the falling value of the Loonie has actually added $4,000 to the price. Ouch! I wrote about the impact the falling Canadian dollar had on the trucking market just over a year back, when it was at 89.09 cents, which was then its least expensive level in 4 years. Then, Derek Varley, manager of fleet services with Mackie Moving Systems told me a five-cent drop in value for the Loonie adds about $6,750 to the cost of a $135,000 truck. He was trying to time his purchases to prevent the added expenses and it resembles his crystal ball was working quite well last spring when we talked. “There’s a great deal of cash to be conserved with excellent planning,” Derek informed me last spring. “It behooves fleet managers or owners, whoever is doing purchasing, to comprehend what might accompany the dollar and exactly what is occurring with the dollar and to work those estimates to your benefit. I’m looking 3 months ahead. There are some strong estimates that by mid-summer it could be back to an 85-cent dollar and that’s not going to be an enjoyable time to be changing devices.” I’m believing lots of fleet owners and equipment buyers would invite back that 85-cent Loonie about now. How are you handling the lousy exchange rate? Is it changing …
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