When looking ahead to the next 12 months, it will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs have increased due to reduced fleet incentives. Fuel prices will likely continue to trend upward, and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.
When comparing the average cost of fueling with regular gasoline and EV charging, the cost is about 55% lower for EVs — though some states tilt considerably more favorable for EVs than others.
There are three key reasons why the transition to synthetic oils is occurring. They are the proliferation of smaller displacement turbocharged engines, escalating CAFE fuel economy requirements, and government regulations to lower tailpipe emissions.
Telematics can have direct, tangible benefits for your bottom line, allowing you to set yourself apart from your competitors while improving efficiency and productivity.
Making the transition to telematics is a big step that shouldn’t be taken lightly. There are the four steps you need to take before implementation can begin.
Helping rid your truck drivers of bad driving and maintenance habits is the quickest, most direct route to conserving your fuel budget.
The national average price of regular unleaded jumped 7 cents to $2.54 for the week, as a result of a recent trend that has been demand climb higher and supply fall, according to AAA.
The national average price of regular-unleaded jumped 8 cents to $2.39 per gallon, even as most states continue to sell gasoline at less than $2.50 per gallon, according to AAA.
While there never seems to be enough money to go around, one of the less talked about aspects of fleet management is the amount of budget dollars that are wasted every year.
The national average price of regular unleaded gasoline remained steady at $2.25 per gallon for the week, and it's within 3 cents of the lowest price level since December 2016.
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