Enhance Fleet Management with Buy-Back Services

As fleet management costs continue to rise and market conditions remain unpredictable, small logistics companies and carriers are seeking innovative solutions to maintain their competitive edge. In response, ClassTrucks, a leading transport asset management company and part of the Girteka Group, is proud to introduce its Buy-Back Service – a solution designed to simplify fleet management, secure investments, and offer financial predictability.

What is a Buy-Back Service?

The Buy-Back Service from ClassTrucks guarantees the repurchase of a vehicle at a pre-agreed price after a specified period. This service operates similarly to a vehicle rental but with the added advantage of knowing the future value of the asset. For fleet managers, this translates into greater financial accuracy, eliminating the uncertainties tied to vehicle resale and fluctuating market conditions. The service is designed to offer peace of mind and financial security, whether you manage a small logistics company or a larger carrier operation.

Key Elements of the Buy-Back Service

• Predictable Costs: Enables better financial planning and stability, critical for any logistics operation.
• Easier Financing: Facilitates securing bank loans with lower monthly payments, making fleet expansion or renewal more accessible.
• Focus on Core Operations: Removes uncertainties associated with future vehicle resale, allowing businesses to concentrate on their primary activities.
• Flexible Terms: Adapts to unpredictable market conditions, offering the necessary flexibility to meet evolving business needs.

Strategic Advantage in a Competitive Market

While buy-back services are not new in the industry, ClassTrucks’ approach sets itself apart by offering a seamless and supportive experience tailored to the unique challenges of the transportation sector. As a small logistics company recently shared, “By leveraging ClassTrucks’ Buy-Back Service, we were able to expand our fleet without the financial strain, thanks to the predictable costs and easier financing options.”

“Our Buy-Back Service is more than just a financial tool; it’s a strategic advantage designed to help our clients navigate the complexities of fleet management with confidence,” said Silvestr Ochrimovič, Sales Unit Manager at ClassTrucks. “We understand the challenges our clients face, and we are committed to providing solutions that not only meet their needs but also position them for long-term success, as our partners.”

ClassTrucks specializes in the sale of second-hand commercial vehicles and is committed to supporting clients with expert advice and high-quality service. Through the Buy-Back Service, ClassTrucks helps clients manage their fleets with ease and confidence, focusing on reliability, efficiency, and customer satisfaction. By combining industry expertise with a client-centric approach, ClassTrucks positions itself as a trusted partner in the ever-evolving landscape of fleet management.

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Adopting EV Fleets Presents Challenges

EV is fast becoming a top priority for many businesses, fuelled by the significant benefits that can be realised through making the switch, writes Dee Humphries (pictured), Managing Director, Equans EV Solutions. With reduced carbon emissions, financial savings, increased sustainability credentials, improved productivity, enhanced employee experience – the benefits of transitioning to an electric fleet are undeniable.

Whilst there are clear benefits on paper, it’s important to acknowledge that transitioning a fleet to EV can come with challenges. In fact, many businesses are presented with multiple barriers when they begin to adopt EV that can sometimes halt the process. However, the solution isn’t to simply admit defeat, but rather to navigate and manage the challenges effectively to ensure the transition is seamless, enabling the gain of long-term benefits.

Here, Dee Humphries, Managing Director of Equans EV Solutions, highlights some of common challenges businesses are facing when it comes to adopting EV, with the strategy to overcome them – alongside a proven framework for EV adoption.

Challenges and solutions for businesses adopting EV

A common challenge fleet operators face in the early stages of their EV transition is a lack of internal buy-in. This can come in the form of resistance from those who do not understand the benefits of EV, as well as from those who see EV as an unnecessary business cost. This is typically prevalent in industries that have historically been dependant on conventional fuel options.

To overcome this barrier, it’s important to ensure these stakeholders are engaged from the offset and the programme is aligned to the business’ overall goals. Overcoming this barrier doesn’t need to be complex, but rather about education and demonstration. Consider sharing success stories of similar businesses via case studies, reports or testimonials. This can help bring the benefits of transitioning to life, building the case for EV adoption.

Another challenge is having the capital to invest in both the required vehicles and charging infrastructure. This can be particularly challenging if EVs weren’t accounted for in long-term budgeting. However, it’s important to think of EVs in terms of total cost of ownership, instead of initial investment costs. Whilst transitioning to EV might be expensive initially, the long-term savings through lower fuel costs, reduced maintenance costs and an extended vehicle lifespan make the investment more than worthwhile. There are also ample government initiatives and schemes that are available for both infrastructure and vehicle costs, plus leasing options available, to make EVs more economically viable.

As with most things, failing to properly plan and prepare is a challenge many businesses will face as this will result in an ineffective EV integration strategy. Transitioning to EV requires an in depth understanding of new technologies, assessing operational requirements and much more. However, often resources to develop this knowledge are limited – meaning hesitations can occur, halting the transition. The solution here is to bring in the experts. This means a specialised organisation who can develop a detailed and tailored EV transition strategy that is aligned with the goals and needs of your business. This will remove any uncertainty and ensure the transition is smooth and successful.

Why now is the time to transition your fleet to EV

Despite the challenges that transitioning to EV presents, the reality is that businesses who don’t start to make the transition will get left behind. The time to start the transition is now and thankfully, with the right strategy and approach, these challenges can be overcome – meaning there’s never been a better time to do so. EV adoption has become more convenient than ever for businesses across the UK. Recent electric commercial vehicle ownership stats highlight many have already implemented EV for their fleets, with vans up 67.3%, buses and coaches increasing by 34.9%, and the number of zero emission trucks almost trebling since last year.

Concerns that would usually be front of mind for businesses looking to adopt EV their fleet would be cost and range. Both of these are steadily becoming worries of the past. Take cost – battery prices have plummeted by 89% over the past decade, making EV models increasingly competitive against petrol and diesel vehicles. There are also multiple incentives for EV adoption and charging infrastructure from the government, offering a breadth of financial support to meet the needs of all businesses.

Range capabilities have expanded considerably meaning the average modern EV can now travel over 200 miles on a full charge. This has significantly reduced the concern of range anxiety for fleets and means EV is no longer a barrier for businesses that need to travel hundreds of miles on a daily basis. Infrastructure has also grown and improved, offering a solution to keep drivers on the move when required. It’s been noted that there are now 77,531 charging connectors in 29,709 locations across the UK. This is a 194% increase compared to 2019 – meaning charging convenience has substantially improved for drivers.

A Proven Framework for Electric Vehicle Adoption

To navigate this transformative shift in fleet management, Equans EV Solutions has released a whitepaper that addresses the common questions and obstacles faced by logistics fleet operations. Drawing on over a decade of industry expertise, the whitepaper adopts a barrier-to-solution approach, focusing on challenges such as how to gain internal buy-in for EV adoption, the considerations required for designing an appropriate charging solution, and how to pilot the necessary operational and organisational changes to make EV charging a triumph.

Backed by more than 10 years of industry expertise, this whitepaper delivers critical insights logistics operators need to transition to EVs confidently and effectively. The key features include:
• Completing a comprehensive financial analysis to realise the true total cost of ownership for an electric fleet.
• Creating a strategic EV integration plan that covers organisational adjustments, infrastructure development, fleet management and training needs.
• Adopting transparent communication and assigning ‘EV champions’ to illuminate the long-term benefits of EVs to internal stakeholders which align with environmental and operational gains.

With this strategic, yet adaptable, approach towards fleet management, Equans is not only solidifying the position of businesses that adopt EVs, but also shaping a promising and eco-responsible future for the global transportation industry.

Diesel Van Turns Electric at Press of Button

An advanced retrofit solution which fits to existing diesel vans to make them both electric (first) and/or diesel at the touch of a button using innovative in-wheel motor (IWM) technology has been launched by BEDEO, an electric vehicle supplier and manufacturer based in Farnham, Hampshire, UK.

The new RE-100 Range Extender, part of its ‘Reborn Electric’ range, enables organisations with large fleets of vans, often with major conversions (e.g refrigeration units, bespoke fitouts, minibuses etc), to retain those vehicles for longer while still transitioning to an electric future. A vehicle fitted with a RE-100 Range Extender is electric first, with 117km of electric range, making it ideal for ‘Last Mile’ deliveries. Its existing diesel mode can be used when needed for longer trips, switching to electric when entering a low-emission zone and densely populated areas to eliminate emissions and accelerate decarbonisation.

At the heart of RE-100 are two in-wheel motors and a battery designed, engineered and manufactured by BEDEO. The in-wheel motors are fitted to the rear axle of the vehicle. The motors are more compact, lighter, efficient and easier to install than an equivalent e-axle and powered by a 37kWh battery. No suspension modifications are required to the front or rear, which means there is no loss of ground clearance and no loss of load space or height.

BEDEO came to national attention in 2019 manufacturing electric vans for significant players in the ‘Last Mile delivery’ market such as OCADO, DHL and TNT. Founder Osman Boyner says that with the concept of Reborn Electric he is providing a new business model for an industry caught between the twin goals of cost and sustainability. “The traditional model of fleet owners is to invest in new vans,” he explains. “But electric vans today don’t meet the needs of the market and even Euro VI diesel vans are still responsible for a disproportionate amount of carbon emissions. With the RE-100 we have created a new category of hybrid that not only meets the needs of the market but also accelerates transport decarbonisation.”

The RE-100 is a hybrid in as much as it can have two modes of power – electric and diesel – but with the BEDEO technology the vehicle cannot be operated as diesel within controlled low emissions zones, unless in an emergency. Outside of controlled zones the driver is in control and can determine when to stay in electric for a more pleasant driving experience, or switch to diesel for longer distances.

The ability to retrofit BEDEO’s IWM into an existing vehicle is an entirely new proposition: “BEDEO has leveraged this advanced IWM technology to develop the next generation of retrofit vehicles, unlimited by the constraints of a standard e-axle,” Boyner adds.

Commercial fleet operators face a number of significant challenges in the next few years, not least the uncertainty of a moving government deadline for an all-electric future which makes the RE-100 launch even more important. Osman believes that while switching to an all-electric fleet is desirable, it is also very expensive and wasteful, requiring investment not only in the vehicles themselves, but also the infrastructure to support them.

“While sustainability is, of course, a key driver, the end-to-end sustainability (whole lifecycle) of the vehicle also needs to be taken into account,” Boyner continues. “It cannot be sustainable to replace a vehicle that has not reached the end of its useful working life, neither is it sustainable to replace not only the vehicle, but also the refrigeration units or bespoke fit-out that many of these vehicles have. Retrofitting with electric overcomes these challenges and more, satisfying the need to reduce emissions in our city centres where the majority of the ‘Last Mile’ journeys are required, breathing new life into older vehicles.”

Today BEDEO can fit Reborn Electric solutions to a wide range of large commercial vans including the Peugeot Boxer, Citroen Jumper, the Fiat Ducato and Vauxhall Movano, with the intention to be a solution provider for all large vans. BEDEO has the capacity to convert hundreds of vehicles at any one time at its sites in Europe.

Reborn Electric is a range of retrofit solutions that includes the RE-100 range extended option and the BE-100, BE-250 and BE-350 full electric options.

Electrification for Trailers

ZF’s latest version of its pioneering concept to electrify the trailer will be on show at the NUFAM commercial vehicles trade show in Karlsruhe (Germany). The ZF electrified trailer solution is made possible by integrating ZF’s AxTrax 2 electric axle with a modular battery system box for recuperation and traction support. Thanks to its ability to recuperate energy from braking, the system can effectively convert a heavy-duty diesel truck into a hybrid vehicle, generating up to 16 percent fuel and CO2 savings, while the optional plug-in variant can save up to 40 percent. The trailer also provides benefits for zero-emissions electrified heavy trucks by extending their range.

ZF’s electrified trailer concept is gaining traction as interest from the industry grows. Bringing the benefits of electrified trailers to fleet operators took a step closer as ZF’s Commercial Vehicle Solutions (CVS) division announced that it will cooperate with BPW to offer a fully integrated running gear system for trailer builders including ZF’s AxTrax 2 electric axle. Kässbohrer and Krone, two leading trailer manufacturers will also start to implement ZF´s pioneering electrification system into their platforms. This announcement will see the companies start the process of integrating ZF’s pioneering electrified trailer technologies into their range of products.

“Electrification for trailers is an innovative solution to decarbonize road freight transport in the very near future,” said Dr. Bernd Meurer, responsible for the electric trailer program at ZF. “Instead of solely being pulled by the truck, the new approach provides additional traction while generating fuel savings, reducing CO2 emissions and improving sustainability.

“The fact that industry leaders are embracing our system demonstrates that we have taken the right concept approach in developing a lightweight and modular system that can be adapted to suit the diverse requirements and various applications of manufacturers and fleet operators.”

Thore Bakker, General Manager Business Unit Trailer Solutions & Mobility Services at BPW said: “Every trailer needs a chassis, suspension and braking technology that can be trusted. With our axles for 7.5t trucks and the generator axles for reefers, we already have a lot of experience regarding the integration of electric drives. It therefore makes perfect sense that ZF, with expertise in drivelines, cooperates with BPW to offer a robust and highly engineered running gear solution with the AxTrax 2 axle for recuperation and traction support for semitrailers that can be easily assembled by trailer builders and is fully trusted by the fleets.”

İffet Türken, Kässbohrer Board Member said: “Together to the next 125 years”, we highlight the importance of a wide ecosystem of innovation and partnerships to advance the trailer industry towards sustainability. We support our industry with longer and heavier vehicles, our award winning intermodal product range and our already tested electrified reefers. We are committed to invest our proven innovation capability, engineering competence to advance the technical integration challenges of the new system safely and efficiently. We look forward to our cooperation with ZF and all our partners furthering electrification application to include all sectors of transport business.”

Dr. Stefan Binnewies, Board Member of the Krone Group, said: “ZF and Krone share similar attributes like commitment to quality, sustainability, and innovative technology. Very early on, Krone investigated and invested in possible options for trailers to provide electrified traction support as a way towards meeting decarbonization targets of road transport. We are happy to see that well-established partners of the industry like ZF and BPW team up to support the transformation to more sustainable logistics by offering innovative solutions that we as trailer OEMs can integrate into our Trailer Systems. At Krone we are convinced that we can only meet the challenges of the future together – generating the best solutions for our customers.”

With this announcement, customers will be able to draw on ZF’s leading expertise in combining brake control and electrification systems with innovative technologies, such as the AxTrax 2 electrified axle system which enables recuperation and traction support to deliver up to 210 kW continuous power and 26,000 Nm of peak output of seamless torque.

The ZF system has been designed as a highly integrated solution enabling manufacturers to combine electrified technologies into their own trailer platforms more easily. The system takes advantage of braking energy recuperation to recharge the batteries to generate 16% fuel and CO2 savings, while the Plug-in Hybrid version can achieve 40% when combined with an ICE-powered truck.
ZF’s electrified trailer solution is designed to meet future standards and comply with national and regional regulations. The first electric trailers are expected to be operating on EU roads, once regularity classification has been received.

Electric Trucks Market Booming, says Volvo

Volvo Trucks has now sold more than 4,300 electric trucks globally in more than 38 countries, while in Europe it is leading the way with a 32 per cent share of the market for heavy electric CVs/lorries. In 2022, Europe’s heavy electric CV market grew by 200 per cent to 1,041 units, with Volvo setting the pace.

Roger Alm, President of Volvo Trucks, says: “We are determined to lead the electric truck transformation and our market leading position in 2022, not only in Europe, but also in North America, is proof that we are doing just that. Although the market for electric trucks is still small compared to the traditional diesel variants, the trend is clear: many of our customers are now starting their own shift to electric. We intend to be the catalyst for this transition and aim for 50 per cent of our global sales of new trucks to be electric in 2030.”

Since Volvo Trucks started production of fully electric CVs in 2019, the company has sold more than 4,300 electric trucks/lorries in more than 38 countries around the world. Volvo currently offers the industry’s broadest product line-up of electric models in series production, catering to a very wide variety of operational domains both in and between cities.

“We now have a product portfolio that can cover most types of transportation for all kinds of customers,” adds Alm. “Looking at the goods flow patterns in Europe, it’s clearly possible to electrify nearly half of all those transport operations with our line-up of electric lorries. We see it as our mission to support our customers in making that happen.”

The 10 largest markets for electric lorries, based on number of registrations ≥16 tonnes, in Europe are:

1. Germany – 198
2. Sweden – 169
3. Norway – 150
4. France – 118
5. Switzerland – 103
6. UK – 101
7. Netherlands – 89
8. Spain – 79
9. Denmark – 48
10. Belgium – 17

The Volvo market share and overall growth data referenced for heavy electric CVs/lorries in Europe includes content supplied by IHS Markit.

VisionTrack Launches AI-Powered Video Analysis

VisionTrack, a leading AI video telematics and connected fleet data specialist, is transforming commercial fleet safety with the launch of a sophisticated AI-powered post-analysis solution. NARA (Notification, Analysis and Risk Assessment) will revolutionise how vehicle camera footage is assessed and help vehicle operators to dramatically reduce road deaths and injuries.

“Our cloud-based NARA software is a true game changer in the world of video telematics as it will help save time, costs and most importantly lives, by providing proactive risk intervention and accurate incident validation,” explains Richard Kent, President of Global Sales at VisionTrack. “NARA proactively removes false positives and monitors driver behaviour, without the need for human involvement. With traditional video telematics solutions, commercial fleets can be experiencing hundreds of triggered daily events, so this will enable them to deliver more efficient working, whilst not compromising on road safety.”

NARA is device agnostic so can be integrated with existing connected camera technology – whether VisionTrack or third-party hardware – and adds another powerful layer of analysis to AI vehicle cameras, installed with edge-based AI technology, that are often limited by the processing capacity of the device.

NARA represents a huge step forward for video telematics as it uses ground-breaking computer vision models with sensor fusion to assess footage of driving events, near misses and collisions. This ensures the review process is manageable and timely, while eliminating human availability or error, so vehicle operators can make best use of video telematics insight to better protect road users and help prevent collisions.

During the testing phase, a 1100-strong logistics fleet was found to be generating on average 2,000 priority videos a week, which would typically take someone over 8 hours to review. NARA reduced the time needed to review events that require human validation to just minutes per day. As a result, the company is now targeting more efficient risk management, whilst supporting their road safety strategy.

Advanced object recognition uses deep learning algorithms to automatically identify different types of vehicles, cyclists and pedestrians. With incredibly high accuracy levels, it will be able to distinguish between collisions, near misses and false positives that can be generated by harsh driving, potholes or speed humps. The software will also include Occupant Safety Rating that uses a range of parameters to calculate the percentage probability of injury and immediately identify if a driver needs assistance.

“As a true advocate of road safety, having already pledged our support to global initiative Vision Zero, we are passionate about helping the industry achieve its target of eliminating all traffic fatalities. Our vision is to create a world where all road-users are kept safe from harm, so we are embracing the latest advances in machine learning and computer vision to further enhance our industry-leading IoT platform, Autonomise.ai, and AI video telematics solutions,” concludes Kent.

VisionTrack is a leading global provider of AI video telematics and connected vehicle data. The company’s unique approach is helping tackle some of the most complex challenges faced by the fleet, road transport and insurance sectors, providing the operational insight, business intelligence and enriched vehicle data needed to make strategic mobility decisions.

VisionTrack’s AI video telematics is underpinned by its multi-award-winning IoT platform, Autonomise.ai. This cloud-based software, combined with a wide range of intelligent camera solutions, is transforming how vehicle operations approach road safety, claims management, duty of care, fleet compliance and operational risk.

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