Case Study: Food Products Company achieves $1.5M projected maintenance and fuel cost savings with Element Fleet Management's Strategic Consulting

Optimal Replacement Strategy Lowers Maintenance and Fuel Costs

Food Products Company, a global leader in selling, marketing and distributing food products, was seeing rising maintenance costs on its fleet of delivery tractors. The customer, which was leasing assets, was cycling tractors after seven to eight years at 700,000–800,000 miles and asked Element Fleet Management’s Strategic Consulting team to analyze its replacement strategy.

Element Fleet Management’s consultants reviewed historical fleet data and performed an optimal replacement analysis, recommending a shorter cycle of five years or 500,000 miles. Implementing Element Fleet Management’s recommendation is estimated to yield $1.5 million in projected maintenance and fuel cost savings over the next five years.