Today, Utilimarc senior analyst, Paul Milner, and I sit down to talk success metrics for fleet management. We all know about cost per mile - right? At least, it seems pretty self-explanatory.

But as fleets become more sophisticated with the addition of new technology, the need for metrics to evolve also remains consistent. We're starting with the basics: cost per mile and cost per gallon. What to use them for, when to use them, so on and so forth. We're also going to touch on a new metric that we’ve been using a lot lately – and one that our customers have been finding a lot of value in, cost per usage day.

It’s a bit of an evolved metric, branching off of simply using cost per mile or cost per gallon only – as fleets are always evolving and technology is always changing…especially if your fleet operates in multiple regions.

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