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With comprehensive reporting, driver convenience and fuel savings of 15 percent or more, joining a fuel management program should be a no-brainer. Now the hard part –which program is best suited for your fleet?
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Follow these common sense strategies before the acquisition decision, during ownership and prior to resale to help you hold the line on residual values.
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Depreciation continues to be the largest fleet expense; however, fuel, as a percent of total fleet cost is growing (rapidly). Fuel expense is influencing vehicle acquisition strategies, with a direct bearing on future depreciation.
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Following a program compliance may be challenging, but it is doable. Key areas of focus are highlighted.
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Extra weight from trailer add-ons may push otherwise underweight vehicles over the DOT-exempt weight limit.
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A contractor for a major mall renovation has switched to 100% biodiesel in his vehicles.
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The increased electrical loads on new trucks from advanced engine, transmission, and brake systems have given rise to the need for new battery technology.
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It’s been a year since stricter EPA regulations aimed at reducing sulfur content in diesel fuel became effective. Most fleets surveyed report no problems, although cold weather and vehicle age may present issues.
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A PHH FirstFleet study found a ‘sweet spot’ where fuel efficiency and performance are maximized. The research highlighted other fuel-economizing steps.
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How an environmentally-conscious trash collection company trashed inefficiency – and collected the profits.
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