Fuel, regardless of type, is a huge component in overall fleet operating costs. There is only so much a fleet can do to reduce the cost of fuel itself. Looking beyond the pump is essential to real cost savings
A well-planned fuel management program can help keep fuel costs under control, improve tracking and analysis, and support sustainability goals.
Booster, a same-day fuel delivery service, has secured all the required permits and regulatory licenses to deliver gas and diesel in D.C. and Maryland.
Higher fuel prices and maintenance costs, along with upward pressure on maintenance labor rates are a few of the factors increasing fleet operating costs.
Booster has begun gas routes in Seattle serving new customers such as Advanced Government Services, Century Link, and Monarch.
The company has now raised more than $88 million in funding from firms such as Invus Opportunities, Conversion Capital, Enterprise Holdings Ventures, Madrona Venture Group, Maveron, Perot Jain LP, Total Ventures and Vulcan Capital.
For a small fleet, hiring a full-time fleet manager depends on factors such as fleet size, types of vehicles and equipment, and their distribution. Companies can opt to outsource some fleet responsibilities instead of hiring an in-house professional.
Chevrolet will allow drivers to pay for fuel at participating Shell stations using a mobile app in the vehicle's infotainment system with a new electronic payment solution, General Motors has announced.
Since 2016, there has been an ongoing uptick in fuel card fraud. In light of this, it is important for companies to develop a fraud prevention strategy addressing misuse, slippage, and outright fraud.
Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.
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