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Fuel Costs

Forecast: Fleet Costs Will Continue to Escalate

Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.

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15 Predictions for the Fleet Market in CY-2022

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.

Why the Industry Is Transitioning to Synthetic Motor Oils

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.

Coach Your Drivers to Better MPG

Helping rid your truck drivers of bad driving and maintenance habits is the quickest, most direct route to conserving your fuel budget.

Gasoline Spikes to $2.54 Per Gallon

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.

Gasoline Prices Push Higher

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.

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