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
The term “eco driving” refers to a way of driving that’s smarter and more fuel-efficient. And while its ultimate goal is reducing pollution, eco-driving can also help cut down on fuel costs.
How much does it help? In 2013, the Volvo Group issued a report that found that eco-driving improved fuel economy in trucks by 10 to 15 percent.
But how do truck drivers embrace eco-driving? SmartDrive performed a study in 2011 that looked at the impact of eco-driving on truck fleets. After evaluating fuel consumption and driver performance for 695 Class 8 tractor trailers and their drivers, the study found that 80 percent of fuel waste could be avoided through softer driving. Continue reading How Eco-Driving Impacts Fleet Fuel Economy
The price of crude oil has a direct correlation to diesel fuel prices. Over the past few months, crude oil has drifted above and below $100 given positive or negative information. Last week’s jobs report came out and showed strong job growth in the United States. While this is good news that more people are employed, it’s bad news for crude oil (prices went higher) because there will be more of a demand for diesel fuel and gas. Strong crude oil inventory numbers earlier last week made crude oil prices lower. To say it has been up and down for crude oil prices would be a correct statement.
Continue reading Crude Oil Continues Around $100
When we think of saving money on fuel we automatically think of cheaper fuel prices; but there are other ways to save money on fuel before even hitting the pump.
Continue reading 10 Easy Ways to Save Money on Fleet Fuel – Not at the Pump
Diesel Exhaust Fluid (DEF) is a solution that when injected into the exhaust stream of a diesel engine lowers the harmful nitrogen-oxides that are emitted. Obviously using DEF is great for the environment since it reduces the release of pollutants but it also will create better fuel efficiency for your diesel fuel vehicles by creating higher oxygen levels in the combustion process.
Continue reading Diesel Exhaust Fluid
Are you thinking on getting a new car or truck for your company or yet even personal car? What type of vehicle do you get that won’t break your wallet with gas? Or do you keep your old vehicle and add gadgets to help save on fuel. There is so much out there to look at and yet they have more gadgets available now for your vehicles to help save on fuel.
Continue reading Fuel Savings Gadgets Work?
Love’s Travel Stops is the first truck stop in electronic payment system. Love’s Truck Stop is completing the addition of an RFID-enabled payment system at its truck stop locations, saying it’s the first travel stop company to give customers the ability to process payment at the diesel fuel island through radio frequency technology.
Continue reading Love’s Travel Stops First Truck Stop
On Friday, President Barack Obama told auto club AAA in an interview Friday that the tension in Iran and the Middle East is adding $29 to $30 a barrel to the price of oil. That would mean that its adding 60-90 cents per gallon to gas prices and diesel fuel prices. I am not sure if there is a $30 premium. I would say $20 maybe but even that is difficult to determine. We have many different things that are adding to the price of oil.
Continue reading Crude Oil Prices Gain, Gas Prices and Diesel Fuel Prices Follow
Most people and companies believe that their diesel fuel prices are going to be lower if they have a bulk tank. This might be true for straight fuel savings. It is certainly easier for a fleet manager to have his drivers put their fleet card in a fuel card reader at their home depot after they have paid lower diesel fuel prices.
Continue reading Save Money Put A Diesel Fuel Tank In?
Diesel fuel prices will average $3.85 a gallon this year and rise to $3.93 next year, the Department of Energy said in its monthly short-term energy outlook. In most cases we find the DOE to be conservative on their diesel fuel price forecast.
Continue reading DOE Says, Diesel Fuel Prices Will Be $3.85 a Gallon