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An explosion in Alabama on what’s said to be the biggest fuel pipeline in the U.S. Monday will likely lead to a temporary price spike in diesel and gasoline in the Southeast states served by the pipeline and also may affect the Northeast.
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Fuel management is an area of fleet operations that fleet managers have to keep an eye on constantly. A variety of products and technologies are available to fleet managers that can help control this second-highest fleet cost.
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Fleetio has launched Fleetio Fuel, a native mobile application allowing fleets to quickly track fuel data. Fleetio Fuel is the first fuel tracking app designed specifically for fleets and allows drivers to log fuel in seconds using a mobile phone or tablet.
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Time Warner Cable has begun replacing aging gasoline-fueled vans with diesel-powered Ford Transit vans that should improve fuel economy by nearly 50 percent, according to the company.
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Hawaii Electric Light Co. relies on its telematics platform to keep employees safe and help reduce operating costs.
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The annual cost to own and operate a vehicle has fallen to $8,698, a nearly 2% drop from last year due to declines in gas prices and finance charges, according to AAA.
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Sales of light-duty vehicles from nine manufacturers to commercial fleet users rose 16.7 percent in January mostly on the strength of trucks, vans, and SUVs, according to Automotive Fleet data.
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Government-mandated CAFE standards are exerting pressure on OEMs to develop smaller, more lightweight models and add more alt-fuel vehicles and hybrids to their lineups. Lower fuel costs will shift TCO focus to depreciation.
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The Elk Grove Village, Ill., HVAC company recently converted 90 percent of its fleet to gasoline/LPG bi-fuel systems, significantly reducing fuel and maintenance costs.
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The average price of a gallon of unleaded gasoline has fallen to a level not seen in almost four years, as it now costs an average of $3.12 per gallon, according to federal data.
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