Latest news with #Samaha
Techday NZ
5 days ago
- Automotive
- Techday NZ
Customer demand now drives fleet shift to alternative energy
A recent industry report has found that customer demand is now the primary driver behind fleet operators' transition to alternative energy sources, with regulatory pressure playing a lesser role. The 2025 Energy Edition of Teletrac Navman's "Mobilising the Future of Fleets Report" surveyed 536 fleet operators across Australia, New Zealand, Mexico, the United Kingdom and the United States to assess the changing priorities and approaches in decarbonising business fleets. According to the report, 63% of fleets identify customer demand as the most influential factor in their switch to alternative energies. Regulation was cited by only 29% of respondents as the main influence, while 58% pointed to brand reputation and their own sustainability targets as key motivations. Alain Samaha, Chief Executive Officer of Teletrac Navman, commented on the findings: "Fleets are focusing on their own net-zero goals as a part of their corporate reputation and long-term commercial strategies, rather than just seeing it as a compliance checkbox." He added: "Customers recognise the importance of sustainable operations, and according to our research, are making active decisions around the businesses they support based on their sustainability credentials." The survey also indicates most operators are prioritising optimising existing assets over immediately purchasing new vehicles. A total of 84% of businesses reported efforts to improve their current operations. Areas of focus include regular vehicle maintenance cited by 49% of respondents, optimising vehicle utilisation by 36%, and investing in driver training (28%). Despite the operational focus, capital expenditure is not being neglected. The report reveals 61% of businesses are investing in more fuel-efficient or alternative-fuel vehicles. Of these, 48% are upgrading to more fuel-efficient models, while 31% are moving to alternatives such as electric, hybrid, or natural gas vehicles. Larger organisations with 50 or more vehicles appear to be further ahead in their sustainability journey. The data shows 62% of these operators already have active strategies aimed at improving fleet sustainability and performance. Approaches to decarbonisation differ across the industry. Four in ten fleets (42%) indicated a preference for replacing vehicles at the end of their operational life, while 46% undertake suitability assessments for their vehicles. External consultancy is utilised by only 8% for these assessments. Additionally, 30% of respondents have performed a Total Cost of Ownership (TCO) analysis—a step described by Samaha as "a crucial step to avoid costly mistakes in expenditure and vehicle choice further down the line." The growing shift towards mixed-energy fleets was also noted, with 61% of operators using more than one energy type. Of these, 32% employ three or more sources of energy in their operations. The most common alternative energy types found were plug-in hybrid electric vehicles (39%), battery electric vehicles (37%), and natural gas-powered vehicles (23%). The report found that transition progress is varied, but accelerating. Of those surveyed, 8% had already converted at least half their fleet to alternative energy sources, and 48% expected to achieve this within the next two years. This projection rises to 85% within five years. Samaha provided further comment on the industry's strategic positioning: "The push for fleet sustainability is at a pivotal moment. There is no single viewpoint on the best path forward and while concerns persist, many operators see decarbonisation as a strategic advantage." He continued: "The pace and feasibility of adoption remain points of debate, however, access to accurate data and actionable insights will be critical factors in making informed decisions that align with both business needs and sustainability goals." The survey was conducted in November 2024 and reflects a sample of medium to large fleet operators in multiple international markets.
Yahoo
22-05-2025
- Automotive
- Yahoo
Teletrac Navman Report Finds Over Half (63%) of Fleets Cite Customer Demand as Influential in Their Energy Transition
MILTON KEYNES, England, May 22, 2025--(BUSINESS WIRE)--Teletrac Navman, a leading connected mobility platform and Vontier company, has today launched its Mobilizing the Future of Fleets Report: 2025 Energy Edition, which found 63% of fleets are reporting customer demand as influential in their decision to switch to alternative energies, and the speed at which they do it. This is supported by over half (58%) of the businesses surveyed citing their own brand reputation and sustainability goals as the leading drivers in their energy transition, showing "Net Zero fluency" is far more weighted towards customer perception and demand than it is a compliance priority, with only 29% suggesting regulatory pressure and government mandates was guiding their decision making. "Fleets are focusing on their own net-zero goals as a part of their corporate reputation and long-term commercial strategies, rather than just seeing it as a compliance checkbox," said Alain Samaha, CEO of Teletrac Navman. "Customers recognise the importance of sustainable operations, and according to our research, are making active decisions around the businesses they support based on their sustainability credentials." As fuel continues to be a critical and volatile cost centre, fleets are favouring getting the most out of their current set-up, with 84% focusing on operational improvements rather than considering new vehicle investments. Regular vehicle maintenance (49%), optimising vehicle utilisation (36%), and investing in driver training (28%) are some of the key areas of investment cited by fleet businesses globally to ensure better handling of their existing vehicles on the road. Conversely, a significant 61% of fleets are indeed making Capex investments by upgrading to more fuel-efficient vehicles (48%) or switching to those using alternative fuels (31%), indicating an important focus on the type of vehicle being utilised and a longer-term approach being considered by businesses when reviewing and planning for their carbon reporting and impacts. The report also uncovered that the larger the fleet (by number of vehicles), the more advanced these businesses were in their transition – 62% of fleets with 50 or more vehicles indicated that they were already tackling their sustainability performance, with an active strategy to continue improving. Yet, respondents were split on their approach – 46% indicated that they complete vehicle suitability assessments with the help of external consultancy (8%), while 42% preferred an end-of-life replacement approach. Thirty per cent of fleets had also completed a Total Cost of Ownership (TCO) analysis, "which is a crucial step to avoid costly mistakes in expenditure and vehicle choice further down the line," added Samaha. With the shift to mixed-energy fleets continuing, 61% of operators indicated that they used more than one energy type, with 32% using three or more energy sources; PHEV (39%), BEV (37%) and natural gas (23%) were the most widely adopted alternative energy sources. Furthermore, 8% of fleets had already transitioned at least half of their fleets and 48% expected to reach the same milestone within the next two years, increasing to 85% of fleets in the next five years. "The push for fleet sustainability is at a pivotal moment. There is no single viewpoint on the best path forward and while concerns persist, many operators see decarbonisation as a strategic advantage," continued Samaha. "The pace and feasibility of adoption remain points of debate, however, access to accurate data and actionable insights will be critical factors in making informed decisions that align with both business needs and sustainability goals." To view the full report, click here. NOTES TO EDITORS Survey results consisted of 536 respondents gathered in November 2024 from Australia, New Zealand, Mexico, the United Kingdom and the United States. About Teletrac Navman Teletrac Navman's goal is to empower the industries that transform and sustain our futures with simple and intelligent solutions that enhance the efficiency, safety, and sustainability of their operation. As a connected mobility platform for industries that manage vehicle and equipment assets, Teletrac Navman simplifies the complex so that its customers can transform the way they work through cloud-based solutions that leverage AI to unlock the power of operational insight. Teletrac Navman manages more than 700,000 vehicles and assets around the world. The company operates globally, with offices worldwide and headquarters in Northbrook IL. For more information visit Teletrac Navman is a Vontier company. About Vontier Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company's website View source version on Contacts For more information, please contact: Carousel:teletracnavman@ 0161 302 0206 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Automotive
- Business Wire
Teletrac Navman Report Finds Over Half (63%) of Fleets Cite Customer Demand as Influential in Their Energy Transition
NORTHBROOK, Ill.--(BUSINESS WIRE)-- Teletrac Navman, a leading connected mobility platform and Vontier company, has today launched its Mobilizing the Future of Fleets Report: 2025 Energy Edition, which found 63% of fleets are reporting customer demand as influential in their decision to switch to alternative energies, and the speed at which they do it. This is supported by over half (58%) of the businesses surveyed citing their own brand reputation and sustainability goals as the leading drivers in their energy transition, showing 'Net Zero fluency' is far more weighted towards customer perception and demand than it is a compliance priority, with only 29% suggesting regulatory pressure and government mandates was guiding their decision making. 'Fleets are focusing on their own net-zero goals as a part of their corporate reputation and long-term commercial strategies, rather than just seeing it as a compliance checkbox,' said Alain Samaha, CEO of Teletrac Navman. 'Customers recognise the importance of sustainable operations, and according to our research, are making active decisions around the businesses they support based on their sustainability credentials.' As fuel continues to be a critical and volatile cost center, fleets are favoring getting the most out of their current set-up, with 84% focusing on operational improvements rather than considering new vehicle investments. Regular vehicle maintenance (49%), optimizing vehicle utilization (36%), and investing in driver training (28%) are some of the key areas of investment cited by fleet businesses globally to ensure better handling of their existing vehicles on the road. Conversely, a significant 61% of fleets are indeed making Capex investments by upgrading to more fuel-efficient vehicles (48%) or switching to those using alternative fuels (31%), indicating an important focus on the type of vehicle being utilized and a longer-term approach being considered by businesses when reviewing and planning for their carbon reporting and impacts. The report also uncovered that the larger the fleet (by number of vehicles), the more advanced these businesses were in their transition – 62% of fleets with 50 or more vehicles indicated that they were already tackling their sustainability performance, with an active strategy to continue improving. Yet, respondents were split on their approach – 46% indicated that they complete vehicle suitability assessments with the help of external consultancy (8%), while 42% preferred an end-of-life replacement approach. Thirty per cent of fleets had also completed a Total Cost of Ownership (TCO) analysis, 'which is a crucial step to avoid costly mistakes in expenditure and vehicle choice further down the line,' added Samaha. With the shift to mixed-energy fleets continuing, 61% of operators indicated that they used more than one energy type, with 32% using three or more energy sources; PHEV (39%), BEV (37%) and natural gas (23%) were the most widely adopted alternative energy sources. Furthermore, 8% of fleets had already transitioned at least half of their fleets and 48% expected to reach the same milestone within the next two years, increasing to 85% of fleets in the next five years. 'The push for fleet sustainability is at a pivotal moment. There is no single viewpoint on the best path forward and while concerns persist, many operators see decarbonization as a strategic advantage,' continued Samaha. 'The pace and feasibility of adoption remain points of debate, however, access to accurate data and actionable insights will be critical factors in making informed decisions that align with both business needs and sustainability goals.' To view the full report, click here. Survey results consisted of 536 respondents gathered in November 2024 from Australia, New Zealand, Mexico, the United Kingdom and the United States. About Teletrac Navman Teletrac Navman's goal is to empower the industries that transform and sustain our futures with simple and intelligent solutions that enhance the efficiency, safety, and sustainability of their operation. As a connected mobility platform for industries that manage vehicle and equipment assets, Teletrac Navman simplifies the complex so that its customers can transform the way they work through cloud-based solutions that leverage AI to unlock the power of operational insight. Teletrac Navman manages more than 700,000 vehicles and assets around the world. The company operates globally, with offices worldwide and headquarters in Northbrook IL. For more information visit Teletrac Navman is a Vontier company. About Vontier Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company's website
See - Sada Elbalad
20-05-2025
- Entertainment
- See - Sada Elbalad
Aya Samaha to Star in TV Series "Zoza"
Yara Sameh Egyptian actress Aya Samaha has signed on to star in an action-comedy series titled "Zoza". Principal photography is set to begin soon. Samaha is currently busy filming the horror TV series "Zorouf Ghamda", in which she stars opposite Amir Karara. The drama hails from director Muhammad Bakir and marks Karara's first time presenting the horror genre and also features Sedky Sakhr, Aya Samaha, Nabil Eissa, and more. Samaha made her last appearance on the small screen in the social-comedy TV series " El Captain ". The cast also stars Sawsan Badr, Aya Samaha, Ahmed Abd El Wahab, Omar Shawky, Samy Maghawry, and more. Moataz El Tony directs the series from a script by Amr El Daly, who penned the screenplay based on a story by Ayman Al-Shayeb. K Media production company is the studio behind the show. "El Captain" consisted of 15 episodes and screened during the Ramadan 2025 drama marathon. Samaha, born on March 31, 1992, started her acting career with the 2016 film "Hepta: The Last Lecture" and received more onscreen time in the 2016 mystery TV series "Grand Hotel". In 2020, she starred in Netflix's series "Paranormal", based on Ahmed Khaled Tawfik's supernatural novel "Ma Waraa Al Tabiaa". Her TV credits also include "Malika", "Rageen Ya Hawa", "Seeb Wana Aseeb", "El Soffara", and 'Ala Bab Al-Omara'. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies
Perth Now
13-05-2025
- Business
- Perth Now
‘No Silver bullet': Grim RBA rate call
Consensus has firmed that the Reserve Bank of Australia will announce its second rate cut in the cycle in May, but it won't immediately solve many household budgets. The cash markets and experts are widely predicting the Reserve Bank of Australia will slash the cash rate by 25 basis points to 3.85 per cent when they meet on May 20, following a first rate cut in February. Equifax executive general manager Moses Samaha said while a rate cut would be welcomed by many, particularly those under financial strain, it's not a silver bullet. 'There is always a group of customers who remain challenged,' he told NewsWire. 'If we look at New Zealand for example, they've had five rate cuts since August and we really haven't seen a material improvement in that cohort of customers or the amount of customers who are in arrears.' RBA governor Michele Bullock began the rate cutting cycle in February. NewsWire / Nikki Short Credit: News Corp Australia 'That tells me, any cushion these rate cuts are providing for those customers is really getting eaten up elsewhere and there's a number of external factors that make it hard to pinpoint'. Previous modelling released by Equifax in February showed the full effect of a rate cut takes between six to nine months to be felt. Mr Samaha said getting relief from the central bank will certainly help Australians, but due to the high levels of debt in Australia, it will likely take more than a single rate cut to help some households. 'The average house value is about one and a half-million dollars, we probably need quite a few changes before its material. 'If you do the rough maths, assuming five changes at 25 basis points, you need all five rate cuts to create around $20,000 in savings on an annualised basis and it'll probably take us a year to get there.' Australia's Cash Rate 2022 Mr Samaha said other cost of living presures could absorb any savings from a mortgage. 'The question is where does the money go from a hierarchy perspective for a consumer. Does it go to improving their position on a home loan, does it go to their expenses and that changes over time depending on their priorities,' he said. Separate research from Roy Morgan shows there are 990,000 Australians considered 'extremely at risk', which is significantly above the 10 year average of 14.7 per cent. There are currently 644,000 more at risk of mortgage stress Australians today compared with three years earlier. Roy Morgan chief executive Michele Levine said 1,451,000 million Australians are at risk of mortgage stress, although this number is coming down. 'After increasing for three straight months from October, the RBA's decision to reduce interest rates by 0.25 basis points to 4.1 per cent in mid-February has now led to back-to-back monthly reductions in mortgage stress which is now at its lowest since June 2023 – when interest rates were first increased to 4.1 per cent.' NED-9108-Monthly-Inflation-Indicator According to Equifax Australians are taking matters into their own hands, with refinancing growing 6.5 per cent year on year in April up to 36.7 per cent of all inquiries. Despite the pressure some households are feeling, Mr Samaha said there are some green shoots emerging for households. 'Its not all doom and gloom. 'We are still below prepandemic stages in terms of the number of customers that are in arrears but it is one to watch. He said Australian consumer confidence is growing on the back of more financial relief coming and a stable government which is showing up in other parts of the market, including demand for both secured and unsecured debt. Households might need multiple rate cuts before they stop feeling mortgage stress. NewsWire / Max Mason-Hubers Credit: News Corp Australia 'Equifax data from New Zealand shows that while anticipation of rate cuts increased mortgage demand, interest really picked up steam after two to three rate cuts,' he said. 'This suggests homeowners are just getting started, and the mortgage market will significantly heat up in the coming months.' Mr Samaha said the growth in credit card and personal loans is a sign of strength for the Australian economy. 'They are signs that the economy is getting back to normal where people rely and use credit to drive outcomes they need in their lives,' he said. 'It was a different story for a few years after the pandemic, so we are definitely into a more steady state part of the market.
