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Market Trends Blog for Construction Fleets

Our senior editor and fleet expert, Mike Antich, offers opinions and ideas on the Fleet Market Trends. Mike’s highly-read Blog, focuses on the overall fleet industry and draws interesting comments from construction fleet managers and other industry professionals from across the country.

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First-Year Bonus Depreciation Increased to 100 Percent

December 28, 2010

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (H.R. 4853) was signed into law by President Obama on Dec. 17, 2010. The legislation includes an extension of the Small Business Jobs and Credit Act of 2010's "bonus depreciation" allowance through the end of 2011, and increases that amount from 50 percent to100 percent. Here's what it means to fleets.

Tags: Antich, depreciation, legislation, taxes

Author: Mike Antich | Posted @ Tuesday, December 28, 2010 10:19 AM | » Comments(0)

Fleets are Facing an Era of Higher Taxation

January 25, 2010

In 2009, of every $100 spent on fleet, $5 was consumed by taxes. This compares to $4.10 in 2006 and $3 in 1983. The recession has caused sales and property tax revenues to plummet creating widespread shortfalls in government budget funding. States and other governmental jurisdictions are scrambling to find new ways to generate new tax revenues. Again, commercial fleets are in their cross-hairs.

Tags: Budget Rent A Car, taxes

Author: Mike Antich | Posted @ Monday, January 25, 2010 3:09 PM | » Comments(-1)

Obama’s Stimulus Package Offers Funds for Fleet

February 23, 2009

On Feb. 17, President Obama signed into law the American Recovery and Reinvestment Act. The $789 billion economic stimulus legislation is comprised of $507 billion in spending programs and $282 billion in tax relief. The legislation includes significant new funding for fleets, such as $300 million for diesel emission retrofit grants; $300 million to establish a grant program through the DOE's Clean Cities Program; and $300 million for acquisition of energy-efficient vehicles by the federal fleet

Tags: Economic Stimulus, Obama, stimulus bill, taxes

Author: Mike Antich | Posted @ Monday, February 23, 2009 10:50 AM | » Comments(0)

Is the U.S. Destined to Follow the U.K. Fleet Model?

July 28, 2008

Predicting the future has been likened to a billiard game. The cue ball is the catalyst – representing a seminal event – that upon crashing into a racked set of balls triggers not only the initial reaction, but numerous unanticipated secondary and tertiary reactions. When the cue ball strikes its target, it unleashes unanticipated dynamics of balls deflecting off other careening balls, ultimately changing all of their trajectories. Let’s expand the analogy by making “fleet” one of the balls.

Tags: budget deficit, taxes

Author: Mike Antich | Posted @ Monday, July 28, 2008 11:21 AM | » Comments(2)

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AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing. He was inducted in the Fleet Hall of Fame in 2010.

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