With rising CPI, how fleets should address finance, maintenance agreements

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Updated Feb 20, 2022

The Consumer Price Index (CPI) is up 7.5% year-over-year, which is impacting the cost of goods across a variety of sectors. 

According to the Bureau of Labor and Statistics, the CPI for all goods less food and energy rose 0.6% in January, the same increase as in December. This was the seventh time in the last 10 months it has increased at least 0.5%. Along with the index for shelter, the indexes for household furnishings and operations, used cars and trucks, medical care and apparel were among many indexes that increased over the month.

In this week's 10-44, Jason and Matt talk with Brian Antonellis, senior vice president of fleet operations at Fleet Advantage, about the CPI and how it impacts fleet operations from a truck leasing, maintenance and financing perspective.

CCJ's 10-44 is a weekly video feature covering the latest in trucking news and trends, equipment and technology. Subscribe to our YouTube channel here