4 Areas to Cover with Potential Fuel Partners

Posted by PS Energy Group on Feb 7, 2017 10:00:00 AM

With the cost of fuel generally believed to be a fleet’s largest operating expense, procurement of a trusted fuel partner that effectively meets your needs is serious business. Unfortunately, it can be just as confusing as it is serious, with what may seem like a myriad number of factors and details to consider. For example:

  • Number and type of vehicles in your fleet
  • Number of drivers and their job purpose—service techs, sales, delivery, etc.
  • Route distances drivers travel per week/month/year
  • Fuel budget and how fuel bills are paid
  • Methods currently in place to track fuel usage and their effectiveness
  • Controls currently in place and their effectiveness
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Tags: Fuel Management

5 Trends Fleet Managers and Suppliers Should Watch Out For

Posted by PS Energy Group on Dec 13, 2016 10:00:00 AM

What is often said of the IT industry—the only thing constant is change—can also be said of fleet management. From industry challenges to government regulations, driver recruitment and retention, to advances in technology and safety, the fleet management industry is always on the move and constantly evolving. 

To stay ahead of the curve, being informed on what is happening and what to watch for down the road can help you grow your business, control your budget and keep your drivers engaged, loyal and productive.

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Tags: Fleet Management, Fuel Management

How Winter Weather Affects Fuel Economy

Posted by PS Energy Group on Nov 29, 2016 10:00:00 AM

If it seems that your fleet requires refueling more frequently as the mercury slides lower, it’s not your imagination. Colder temperatures and winter driving conditions can mean, among other things, increased idle time, lower tire pressure and heavier rolling resistance, all of which can have a significant impact on fuel economy, no matter how responsible your drivers are or how carefully your vehicles are maintained.

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Tags: Emergency Fueling, Fuel Management

Is Natural Gas the Next Big Fuel Source for Trucks?

Posted by PS Energy Group on Sep 20, 2016 10:00:00 AM

Without a doubt, a top issue on the minds of commercial fleet owners and managers is the use of alternative fuels to power their heavy-duty vehicles. What you might cast some doubt on, however, is how long alternative fuels have been used as a vehicle fuel source. If you guessed around 40 years, you’re in for a surprise.  Natural and manufactured gas have been powering vehicles since the 1930s.

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Tags: Fuel Management

Weight Distribution for Fuel Efficiency

Posted by PS Energy Group on Aug 16, 2016 10:00:00 AM

If your doctor told you to lose a few pounds, it might be wise to follow his or her advice. Studies show that losing just ten pounds can significantly improve virtually every aspect of your health - from decreasing risk of a heart attack and cancer, to lowering blood pressure, reducing stress on your joints and increasing lifespan.

Just as dieting is beneficial to your health, reducing the weight of the vehicles in your fleet is beneficial to the health of your organization. In fact, according to the Environmental Protection Agency (EPA), for every 100 pounds taken out/off a vehicle, fuel economy increases by 1 to 2 percent.

Extra weight on vehicles means more energy to start moving. The more energy vehicles need to start moving, the more stress it places on the engine and transmission, which does not bode well for vehicle life.

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Tags: Fuel Management

Water: The Enemy in Fuel Storage Tanks

Posted by PS Energy Group on Jun 28, 2016 9:00:00 AM

We all have heard the numerous health benefits of drinking water and many of us try diligently to get in the recommended eight glasses a day. But let your fuel storage tank take too many “gulps” of wondrous H2O and you have on hand—if not treated properly—a situation that can be very unhealthy for your bottom line.

Just as water and oil don’t mix, neither do water and fuel. Water accumulation can damage fuel quality, which in turn can cause problems that take a big bite out of business productivity and efficiency, including:

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Tags: Fuel Management

Biodiesel Ranks First

Posted by PS Energy Group on Jun 14, 2016 9:00:00 AM

Each December the NTEA—The Association for the Work Truck Industry—conducts their comprehensive Fleet Purchasing Outlook survey to gain insight on the commercial vehicle landscape.

The survey results were released in March and showed that when it comes to alternative fuels and fleets, biodiesel rules. 

The survey found that not only is biodiesel the most commonly used alternative fuel option with 18 percent of fleets on board, it is also the number one alternative fuel choice for future interest—meaning more fleets are planning to continue using biodiesel or are planning to start using biodiesel.  

So what makes biodiesel the alternative fuels winner? And why are more and more fleet managers choosing biodiesel as their “go to” alternative fuel option? 

Here’s why….

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Tags: Fuel Management

The 7 Driver Services that Your Company Should Have

Posted by PS Energy Group on Jun 7, 2016 11:48:13 AM

Think of the investment you have in your drivers and vehicles. Now think of how it would affect your
operations and bottom line if a driver were stranded in the middle of nowhere and unable to be at a job site or make a delivery. Or low on gas with no idea where to find fuel. Unfortunately, these scenarios happen every day and the outcomes are not good—unhappy customers, frustrated drivers and lower productivity.

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Tags: Fuel Management

5 Things To Avoid When Purchasing Bulk Fuel

Posted by PS Energy Group on May 24, 2016 9:00:00 AM

With all the day-to-day responsibilities fleet managers face, including managing drivers, fleet replacement, security and maintenance, compliance with government regulations and tracking and diagnostics of vehicles, one that affects nearly all areas of fleet operations is fuel—its procurement, price and management.

Buying fuel can be a slow and complex process that is difficult to manage. If too much time is spent organizing fuel deliveries, it may be time to consider taking the fuel burden off your shoulders and purchasing fuel in bulk.

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Tags: Fuel Management

What You Should Know About Diesel Hedging and Swaps

Posted by PS Energy Group on May 17, 2016 10:00:00 AM

The price of fuel is constantly fluctuating. It can spend weeks in a steady decline, followed by an overnight upswing. So, say you own a fleet of trucks, construction equipment, or other vehicles that rely on large, regular amounts of diesel fuel in order to do business. A sudden, unexpected surge in diesel prices can cut into your bottom line and harm your business. So how can you keep your fuel costs steady and manageable over time? Use a method called diesel hedging.

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Tags: Fuel Management