{"id":2667,"date":"2019-07-30T15:46:43","date_gmt":"2019-07-30T15:46:43","guid":{"rendered":"https:\/\/cantruck.ca\/bank-tech-drivers-and-economy-most-concerning-to-fleet-managers\/"},"modified":"2025-01-10T16:46:55","modified_gmt":"2025-01-10T16:46:55","slug":"bank-tech-drivers-and-economy-most-concerning-to-fleet-managers","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/bank-tech-drivers-and-economy-most-concerning-to-fleet-managers\/","title":{"rendered":"Bank: Tech, Drivers, and Economy Most Concerning to Fleet Managers"},"content":{"rendered":"<p><span lang=\"EN-US\">Fleet operators are most worried about keeping up with fleet management technology, shortages of qualified drivers, and a possible economy slowdown, according to a survey from TD Bank. The survey focused on evolving technology and expectations for equipment financing.<\/span><\/p>\n<p><span lang=\"EN-US\">More than half of respondents (52%) said changing technology poses the biggest challenge in the coming year. This year, telematics providers have been racing to release new video-based telematics products, and fleets face the impending shutdown of Verizon&rsquo;s 3G cellular network at the end of the year.<\/span><\/p>\n<p><span lang=\"EN-US\">Fleet managers appear to be moving to diversify and grow their fleets with 84% saying they will \u00ab\u00a0make significant adjustments\u00a0\u00bb to their vehicle composition. About one-fifth (17%) said they will invest in new asset classes that favor last-mile delivery, and 33% plan to increase the size of the\u00a0fleet they manage.<\/span><\/p>\n<p><span lang=\"EN-US\">\u00ab\u00a0The transportation industry is on the brink of a major transformation,\u00a0\u00bb said Anthony Sasso, TD Bank&rsquo;s head of equipment finance. \u00ab\u00a0Traditionally, the industry has been defined by trucks and infrastructure, but the use of mobile devices, GPS and electronics have revolutionized logistics. To stay competitive, fleet managers need the capital or funding to upgrade and acquire modern equipment.\u00a0\u00bb<\/span><\/p>\n<p><span lang=\"EN-US\">Companies are looking for flexible finance solutions that offer shorter term loans and the ability to upgrade equipment frequently. About 50%\u00a0of respondents indicated that they are more inclined to finance equipment acquisition through leasing\u00a0options. Only 10% indicated they would prefer loans.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fleet operators are most worried about keeping up with fleet management technology, shortages of qualified drivers, and a possible economy slowdown, according to a survey from TD Bank. The survey&#8230;<\/p>\n","protected":false},"author":2,"featured_media":960,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16,54],"tags":[89,77,21,1365,1366,1367,317],"class_list":["post-2667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","category-technology-equipment","tag-costs","tag-driver-shortage","tag-economy","tag-financing","tag-fleet-managers","tag-td","tag-technology"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/2667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=2667"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/2667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/960"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=2667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=2667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=2667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}