Moving away from oil is something being promoted in many areas. One of the debates is the use and production of alternative fuels. For fleet managers, the decision of whether to purchase alternative fuel vehicles means weighing up cost, reliability, and environmental concern. There are both advantages and disadvantages to alternative fuels, and some things fleet managers should consider:
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.
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
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.
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.
People are creatures of habit. We wake up at the same time, eat the same breakfast, stop at the same coffee shop etc. Fueling up our vehicles is no exception. We go to the same gas station, grab a lottery ticket, pump the gas and continue on with our lives without even stopping to think about it. But what if you did stop and think about the price of fuel? Are your drivers fueling at the lowest price station in
Diesel fuel prices rose for a second consecutive week, rising 2.4 cents to $3.89 a gallon, while gas prices jumped 7 cents to $3.673. Diesel fuel had declined for 10 weeks prior to the current gains, dropping 31.4 cents in that string of downturns.
Diesel fuel prices up, diesel fuel prices down. Where is it and why? The same can be said about gas prices but the answer is not easy. Last week, I was asked for a prediction on diesel fuel prices for the next 12 years. I wanted to say, I can’t go to a casino and predict Black or Red enough on roulette, so I don’t gamble but you want our company to predict diesel fuel prices, not for next week,
Why are diesel fuel audits important? It almost seems like an effortless question. It’s common sense really, right? Well…is your fleet auditing their fuel purchases? If I had to put a number to it, I’d guess that only 50% of fleets are doing it. Even that is probably a generous number. Out of the 50% probably half are only doing it as regularly as they should. It’s really a full time job, and the larger the fleet, the harder it
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