Category Archives: fleet fuel cost

How Often Should You Test Your Bulk Fuel Tank?

If you are managing a large fleet then you have probably found that it is cost-effective to have a fuel storage tank on your property to handle some or all of your fueling needs.

Continue reading How Often Should You Test Your Bulk Fuel Tank?

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.

Continue reading Is Fueling Time Impacting Your Drivers’ Availability?

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. 

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

How Proper Vehicle Maintenance Improves Fuel Efficiency

Fuel costs are a major cost of doing business when operating a fleet of any size. Purchasing new vehicles can significantly reduce fuel cost, but can be prohibitive as a capital investment. Most fleet managers are unable to replace their entire fleet and may continue to operate older vehicles for some time. This means that proper maintenance to improve and maintain fuel efficiency is an important, and cost-effective, way of reducing overall costs.

Here are a few things you can do to maintain fuel efficiency in cars and trucks:

Continue reading How Proper Vehicle Maintenance Improves Fuel Efficiency

Do You Qualify for a Fuel Tax Refund?

Throughout the year, Sokolis Group must update its records for all of the changes made to fuel taxes. It’s a tedious task to sift through the information scattered across the internet for each state. Even though there are web sites that consolidate fuel tax rates in one place, identifying potential exemptions takes more research than just glancing at summarized data. That usually means a visit to a state’s site and digging into their tax regulations.

Continue reading Do You Qualify for a Fuel Tax Refund?

The Future of Fuel Taxes – What Might Happen as Trucks Become More Efficient

Traditionally, state governments have funded road construction through taxes on fuel. As vehicles become more efficient, though, the income from fuel tax is affected, with long-term concerns that it might eventually become insufficient. An increase in electric cars – and the introduction of electric trucks (Tesla recently unveiled an electric semi-truck) is starting to cause revenues to drop. With more than 90 percent of federal Highway Trust Fund receipts being collected at the pump, this is a very real concern.

Continue reading The Future of Fuel Taxes – What Might Happen as Trucks Become More Efficient

Is Your Fuel Management Ready for Winter?

Every year the transportation industry faces new challenges during the winter months, and this year is no different.  Among those challenges, many states have mandated biodiesel blends while many have mandated idling restrictions. To add to that, fleet fuel prices are rising, and weather forecasters are predicting a colder and snowier winter than any in recent memory. And with the early showing of winter weather in many states, they may be right.

Truck breakdowns are certainly more prevalent during the cold winter months, and proper care and maintenance is critical to keep your fleet rolling. Here are a few tips that can help you stay on the road with as few problems as possible:

Continue reading Is Your Fuel Management Ready for Winter?

Even the FBI Hasn’t Investigated Their Fuel Purchases

The U.S. Department of Justice’s Office of Inspector General recently released their audit findings regarding the FBI’s fleet fuel procurement program.  A number of deficiencies were identified with the FBI’s purchasing controls including not verifying quantities and prices invoiced by their fuel suppliers.  You might find it surprising that the FBI didn’t pay close attention to these details but fuel management is obviously not one of their core competencies.  In fact, it’s easy to do a web search and find many government audit reports that identify significant issues with their associated departments’ fuel procurement procedures.

Continue reading Even the FBI Hasn’t Investigated Their Fuel Purchases

Does Fueling Time Reduce 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 and Hours of Service (HOS) regulations can create challenges for companies that need to maximize their drivers’ productivity.

Continue reading Does Fueling Time Reduce Your Drivers’ Availability?

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.

Continue reading Is Fueling Time Impacting Your Drivers Availability?