Pros and Cons of Alternative Fuel Vehicles

Moving away from oil is something being promoted in many areas. One of the debates is the use and production of alternative fuels. For fleet managers, the decision of whether to purchase alternative fuel vehicles means weighing up cost, reliability, and environmental concern.

There are both advantages and disadvantages to alternative fuels, and some things fleet managers should consider:

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Is Fueling Time Impacting Your Drivers’ Availability?

Time is money, how many times have we all heard that? We all know it’s true, particularly when it comes to fleet management. The recent changes to the Hours of Service (HOS) regulations have definitely created some challenges for companies that need to maximize their drivers’ productivity.

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Autonomous Vehicles: When Will They Truly Arrive?

We’ve been hearing buzz about autonomous cars for almost a century now, with the dreams of a self-driving car for everyday use showing up in fictional accounts of the future in the 1930’s. As we saw the promises of other once far-fetched inventions come to fruition, we’ve continued to wait for the reality of an autonomous vehicle. Each year it seems that we are given more exciting updates about the encroaching arrival of truly autonomous vehicles on our streets, but so far test vehicles have yet to give way to a functioning consumer product. 

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Is Your Company Spending 50 Cents a Gallon More Than It Should?

If you use propane to power forklifts in your operations, or other alternative fuels in your fleet, there may be an opportunity to file a Federal excise tax claim for a credit or refund related to the fuel used during 2017. 

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Fuel Flash – March 2018

During February 2018, crude oil prices went on a roller coaster ride following a similar track as the stock market.  Shortly after the start of the month, prices fell by approximately 10%.  Prices remained at that lower level for a brief period and then started to rise again.  By the end of February, prices netted to be about 10% lower than where they started the month.  The following graph shows the daily price movements over the past three months: 

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