With the many providers in the fuel card industry and number of cards available, each with various options and features, determining the card that best fits the needs of your company and gives you the greatest return on your investment can be a challenging process. However, answering some key questions about your fleet and your requirements can help whittle down your choices and simplify the decision-making process.
It’s common knowledge that excessive idling isn’t good for the bottom line or the environment, but what you may not know is just how costly and harmful it can be. To get a clearer perspective, take a look at these statistics:
- Idling vehicles waste more than six billion gallons of diesel fuel and gasoline annually.
- Medium-duty vehicles use about 2.5 billion gallons of fuel each year just to idle, or 6.7% of the total amount of fuel they consume.
- For heavy-duty vehicles, an hour of idling equates to around 80 miles of engine wear and tear.
- Idling cars and trucks produce 130,000 tons of carbon dioxide each year in New York City alone.
2019 just may be the “Year of the Plunge” for many fleet managers. And no, not plunging bottom lines, productivity or efficiency levels. Actually, it’s just the opposite, since more fleet managers are pointing to 2019 as the year they’re focusing more on data and taking the digital plunge.
In the energy markets, all sorts of unpredictable happenings – including natural disasters, world crises, weather interruptions, political upheaval, refinery shutdowns, and pipeline failures -- can send fuel prices on a roller coaster ride and adversely affect operations.
Tags: Emergency Fueling
In mid-October, The National Oceanic and Atmospheric Administration (NOAA) released its annual winter outlook for December through February, and the good news is that a mild winter with drier conditions and above-average temperatures could be in store for much of the United States.
The key word, however, is “much.” The outlook for the Southeast, East Coast and Mid-Atlantic is not quite as rosy, with the amount of precipitation expected to be above average and the chances of colder-than-normal temperatures greater than anywhere in the country.
This means — especially for those regions — that snow, ice and freezing temperatures can present numerous challenges for utility fleets. Since winter hazards are not out of the picture this year, neither should your preparations be for winterizing your vehicles and equipment.
Tags: Emergency Fueling
Fleet managers are tasked with numerous responsibilities that cover a broad range of areas. With costs in many of these areas growing and a fleet manager’s value often measured by how well they control or reduce costs, knowing how to develop and control a budget is key for both a fleet manager’s success and a well-run, efficient fleet.
A Sound Budget Is a Fleet Managers Best Friend
When thoughtfully developed and implemented, a fleet budget can have a significant financial impact on overall fleet operations. It can help fleet managers plan for expenses, manage assets and funds more effectively, analyze expenditures and identify areas for improvement — all of which can help control and reduce costs and boost the all-important bottom line.
When carefully planned and implemented, a fuel card program can provide numerous benefits to fleets of all sizes, including reduced costs, streamlined operations, improved efficiencies and a boost in productivity.
But the key to the development process and to an effective program is “dotting the i’s and crossing the t’s.” Hastily implementing a program with little thought or attention to detail will reap few if any long-term benefits and could even cause problems down the road.
There’s no question about it — fleet managers understand how important safety is to their fleet and overall operations, and, therefore, do everything they can to make safety a top priority.
But, despite fleet managers’ efforts, accidents still occur every day, many of which are caused by unfavorable weather conditions or from drivers behind the wheel of poorly maintained or ill-equipped vehicles.
While nothing can be done to improve the weather, there is plenty fleet managers — highly effective fleet managers — can do to improve their vehicles and make them safer. One is performing routine maintenance and staying on top of repairs. Another is implementing vehicle safety technologies.
The average number of car accidents in the U.S. is 6 million every year. By outfitting current vehicles or purchasing new vehicles equipped with safety technologies, fleet managers can positively impact that number, improve safety and boost their bottom line.
There are numerous strategies that fleet managers implement to conserve fuel. Idle reduction, preventative maintenance, outfitting vehicles with aerodynamic devices and monitoring driver behavior are likely the ones that first come to mind.