Fleet Economics and Operations Outlook for 2025 and 2026

This report provides a detailed analysis of fleet economics and operations for the years 2025 and 2026. It examines the complexities faced by fleet operators in 2025, including fuel price volatility, vehicle availability, emissions policy changes, and rising costs. The report features insights from industry experts, including Fred Rozell and Denton Cinquegrana, who discuss the stable fuel prices experienced in 2025 despite various geopolitical events. The document outlines the impact of vehicle efficiency improvements and the COVID-19 pandemic on fuel demand and pricing. It also highlights California's stringent environmental regulations and their implications for fleet management. Additionally, the report addresses concerns regarding diesel supply in 2026, particularly due to extreme weather and geopolitical factors affecting imports. The analysis concludes with a discussion on the predictable patterns of fuel pricing and the factors influencing future trends in the fleet industry.