U.S. retail diesel fuel prices have sold at a premium over gas throughout 2010, and petroleum market watchers said global competition for the fleet companies main fueling likely means that will not change any time soon not matter what mode your buying fuel cards, mobile fueling, fleet cards in your fuel management.
A crime that hit ATM machines over the past years is now hitting the fuel card industry. It is called white card fraud, in the fleet card business. Please warn your drivers. Here is how it works:
Oil traded above $88 a barrel in New York after a decline in U.S. jobless claims bolstered speculation the economic recovery may boost fuel demand in the world’s biggest crude-consuming nation. Time to put your fuel management pants on and make sure you have a good fuel card.
A recent study suggests that most fleet companies have continued to steer away from raising their drivers pay this year. This is mainly due to the US economy of course, but it’s not all bad news. About 80% of those carrier/fleet owners are expecting that they will have to raise pay as the economy recovers.
Light, sweet crude for January delivery recently traded 50 cents, or 0.6%, higher at $88.50 a barrel on the New York Mercantile Exchange, nearing fresh two-year highs. Brent crude on the ICE futures exchange recently traded 55 cents higher at $91.24 a barrel, after hitting its highest price since October 2008. It’s going to be hard to find fuel saving when diesel fuel prices catch up to the price of crude. Nonfarm payrolls rose by 39,000 in November as private-sector employers added just 50,000 jobs, the Labor Department said Friday, well below economists’ average estimates calling for a 144,000 increase. A separate survey showed the unemployment rate unexpectedly rose to 9.8% last month.
With winter approaching faster than we may like it is time for business owners to think about the impact winter may have on their fleet operations. We at Sokolis Group help our fleet companies get ready for the winter months by assisting them in ordering fuel additive to keep their diesel fuel from gelling and their fleet drivers safe on the road. Other business owners have found different ways to keep their employees safe during the winter months, such as allowing them to telecommute. Instead of employees having to battle with the snow, sleet, and ice they can work from home and stay out of harms way.
Keep Tires Properly Inflated
Keep tire air pressure at the level recommended by your vehicle manufacturer. A single tire under inflated by 2 PSI, increases fuel consumption by 1%.
The federal government announced the first national emissions and fuel economy standards for heavy vehicles on October 25th to increase energy efficiency and reduce atmospheric pollution. The mileage proposal, which is scheduled to become final next year after a period of public comment, will apply to tractor-trailers, buses, delivery vans, heavy pickup trucks, cement mixers and many other classes of vehicles. Almost all vehicles that are affected by diesel fuel prices. It will cover new vehicles manufactured between 2014 and 2018.
When people think of fleet management, they typically associate it with asset management. However, a critical component to fleet management is people management. The reality is the majority of a fleet manager’s time often is spent dealing with personnel and interdepartmental issues. How you deal with these issues influences shop morale, user department relationships, and management’s opinion of your effectiveness as fleet manager.