How fleet and mobility leaders are cutting costs and staying resilient in 2026: Element's 5th Annual Market Pulse Report

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How fleet and mobility leaders are cutting costs and staying resilient in 2026: Element's 5th Annual Market Pulse Report /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prntac{ TEXT-ALIGN: CENTER } Canada NewsWire New North America insights show 78 per cent prioritizing cost savings as organizations balance economic pressure, AI adoption, and future mobility investmentsTORONTO, May 4, 2026 /CNW/ - Fleet and mobility leaders across North America are entering 2026 with a clear priority: reduce costs, maintain operational stability, and make smarter, data-driven decisions in an increasingly complex environment. This marks a shift from recent years. Since 2022, when fleets were navigating supply chain disruption and uncertainty, organizations have moved from reactive crisis management to disciplined, cost-focused optimization—where efficiency, resilience, and measurable value now define strategy.That's according to Element Fleet Management's 2026 Market Pulse Report, released today. Now in its fifth year, the report captures insights from organizations across the U.S., Canada, and Mexico, offering a real-world view into how leaders are optimizing fleet and mobility operations while balancing immediate pressures with long-term transformation. Element Fleet Management Corp. (TSX: EFN) is a global fleet management and mobility solutions provider that helps organizations reduce total cost of ownership, improve efficiency, and navigate the shift toward more connected and sustainable mobility.Cost discipline takes the lead78 per cent of leaders prioritize cost savings, making it the top focus for 202654 per cent report moderate to significant impact from tariffs and economic factors50 per cent expect to maintain fleet size, signaling a stability-first approachTogether, these trends point to a broader shift across the industry from reactive decision-making to intentional, cost-focused optimization."Clients are operating in an environment where every decision must deliver measurable value," said David Madrigal, EVP and Chief Commercial Officer at Element. "They're focused on reducing total cost of ownership while maintaining performance &#x...

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