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Tipping Point

This month marks 45 years since Bud Reese and Jim Moss got together to form the Council of Fleet Specialists (now CVSN).

That event was a watershed moment because it was the first formal acknowledgment of the unique business problems and opportunities shared by independents in the heavy-duty field. It marked the early signs of organization within the market, as well as a clean separation from their automotive and light vehicle brethren.

The ensuing four decades have been a wild ride indeed, with fleet specialists having to navigate:

•  20+ percent interest rates in the 70s;

•  Arrival of groups in the 80s;

•  Distributor rollups in the 90s;

•  Supplier turmoil since 2001

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