All around the country, if you ask fleet managers or company owners what is the single biggest company expense – they will  tell you fuel. On average, transportation companies spend 25% or more on fuel purchases. When I say fuel, it can mean both gas and diesel.

A 1% reduction in fuel costs can result in thousands of dollars in profit annually. A recent study done by Continental showed that fuel management systems are ranked 1st on the fleet manager wish-list.

What does fuel management actually means?

Fuel management is set of activities and procedures companies implement in order to optimize fuel usage and reduce costs related to fuel purchasing. Usually it is a combination of technology & procedures required to generate maximum optimization.

Most companies focus only on few things when thinking about Fuel Management. Usually the focus is on company fuel cards  because the savings are easy to calculate and it’s visible immediately. But fuel purchase routing works great with existing fuel cards and provides an extra layer of savings.

Fuel management in today’s fleet

Part of the reason why fleet managers focus only on this is fuel card aspect is that simply there is a lack of alternatives or  better solutions on the market. We at Fueloyal developed a new set of features custom tailored to any business operating fleet of vehicles.

The post Learn how Fuel Purchase Routing can save $250 monthly/vehicle appeared first on Fueloyal.

The Great American Trucking Show is the event that brings together the people contributing to the U.S. trucking industry, starting from the truck drivers, trucking companies up to owner-operators.

More precisely, The Great American Trucking Show is an encompassing convention of trucking professionals. This year there were more than 500 exibitors representing: truck, trailer, engine, component, as well as parts manufacturers.

As we all know, Fueloyal is a company that has idea of making the transportation industry better and more efficient. In such manner, Fueloyal was thrilled to be attendee of The Great American Trucking Show in Dallas, Texas, August 24-26th.

During this interactive convention geared towards the trucking community, Fueloyal exhibited and presented their newest trucking industry innovations: the Fueloyal Truck GPS Device and the Fueloyal Trailer GPS Device.

In addition to that, Fueloyal exhibited as well their patented smart fuel cap that uses data & analytics to solve the problem of company overspending on fuel, fuel theft, and company fuel card misuse.

The post Fueloyal: Attendee Of The Great American Trucking Show 2017 (GATS) appeared first on Fueloyal.

Fueloyal Launches New Trailer GPS: Making a Difference in the U.S. Trucking Industry.

Fueloyal Inc. has done it again! Fueloyal is excited to announce the launch of their new innovative and cutting-edge fleet management solution, their brand new Fueloyal Trailer GPS!

The Company believes in commitment to making a difference in the trucking industry. In the foreground Fueloyal is known for their exceptional patents that revolutionize the trucking marketplace. In like manner, Fueloyal has developed a Fueloyal Trailer GPS in their line of safety and security solutions.

The device allows freedom of movement by allowing tracking and monitoring of goods and trailers at the same time. It will save you time by allowing you to see where each asset is in any giving area, and will help you analyze the usage, as well as to reduce the number of trailers needed to manage any given workload.

But as well, Fueloyal has made it easier for their customers, Fueloyal Trailer GPS does not require contract and is starting from $6.99 trailer/month.

The post Trailer GPS – Track and Monitor Your Goods and Trailers appeared first on Fueloyal.

Need to improve your trucking business? Need a better, smarter and faster way for route management? No problem. Thanks to the technology, there is a new intelligent way to lead your company to success.

Having said this, Fueloyal announced the new Truck GPS that will upturn the profit in the trucking businesses. Notably, it will ease the life of truck drivers, their coping with the Hours of Service (HOS) and lead to faster finishing route points.

Recognizing the concerns of the truck drivers and the trucking business owners, Fueloyal has developed a smart Truck GPS to help the companies.

The smart Truck GPS can be upgraded on every type of trucks. The built-in GPS is made to create specific routes.

Depending on the type of the route, the Truck GPS will create instant and efficient route mapping as well as route compliance.

The implemented geofencing and location-awareness, the GPS includes real-time tracking as well as notification alerts.

It protects the vehicles, the drivers and the cargo with the help of the included visual indicators and the interactive route replay.

The post Truck GPS – Smartest GPS Tracking on the Market appeared first on Fueloyal.

First off what are fuel management systems? What is fuel management systems used for? Both are valid and good questions!

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The basic answer is that fuel management systems are just that; devices, programs, and/or systems used for control and monitor fuel usage and other related accountability issues. It can be used on your truck’s tank or on the tank being hauled.

In a basic nutshell, fuel management systems measure the amount of fuel put into the tank and how long it lasts and can also monitor cost, consumption, and other data.

Most commonly associated with airplanes, we have all see the movie where the pilot reads the gauge, estimates the burning rate, and how much long the engines will run.

Well, it works similarly for your truck, only it also tells the dispatcher (or other authority) how much was put in the tank, the cost, and how fast it was used.

There are numerous systems, some common ones are:

• Card based, the fuel credit card used is used with a driver’s assigned pin (usually assigned either the driver or the vehicle).
• Onsite fueling systems, fleet trucks are fueled in their lot and the appropriate information is recorded.
• Onsite fuel delivery, the fuel is brought to the jobsite and the vehicles are recorded / monitored on the spot.

The post 10 Best Fuel Management Systems on The Market appeared first on Fueloyal.

Being the backbone of the US economy, the trucking industry is moving around 70% of the goods, and that makes it one of the biggest fuel spenders. Therefore in order to help trucking companies to reduce their fuel costs, Fueloyal has developed and integrated a Fuel Optimization Tool that can bring up to $300 on a monthly basis.

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The trucking industry customers have been the biggest inspiration and motivation for the development of the Fuel Optimization Tool. In the foreground the fuel expenses exemplify the biggest problem for the trucking companies, and consequently each company is looking for ways how to reduce that cost and to save money.

Henceforth, the fuel expenses are definitely the biggest concern of the trucking companies, up to 35% of the money that a single trucking company makes go on fuel.

Furthermore in this article you will find out more information about the issues that the people in the trucking industry are facing in regards of the fuel costs, as well I have provided you more details about the Fuel Optimization Tool that Fueloyal has developed.

Fuel Purchase Problem

Fuel purchase problems are part of every day life for the people that are engaged in the trucking industry. But you must be asking yourself why fuel purchase has become such a big problem for the people in the trucking industry? To be honest, fuel purchase has become a big problem due to the fluctuation of the gas prices that is happening significantly from week to week.

Source: www.fueloyal.com

The post Make $300 Truck/Month With Fuel Purchase Optimization Tool appeared first on Fueloyal.

The trucking industry has a major part of US economy because generates 5% of USD GDP or $700 Billion/Annually. The trucks across the USA spending 13% of all purchased fuel in one year and the calculations are $130 billion. The fuel is the biggest expense in every trucking company and if it is not managed well it can be catastrophic for the profit. Fuel Theft Calculator can help you to discover the amount of money that you are losing every month by using the Smart Fuel Cap.

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The business is hard enough without additional costs and every dollar is valuable to stay in business. The profit margins are not so great lately, in fact, they are lower than 5 %. This means that when you cover all of your expenses from $1 million annual earnings your profit drops in $50,000.

Fuel Theft Calculator will give you information how much money you will save with using antitheft solution which will allow you 100% control over the fuel. The Fuel Theft Calculator will produce information for the:

• Average Monthly Savings / Fleet
• Maximum Monthly Savings / Fleet
• Total Yearly Savings / Fleet

That is why you need to find a way to cut your costs, lower your expenses and stop fuel misuse. Since your biggest expense is the fuel you need to protect it from Siphoning or other types of fuel frauds that are secretly killing your profit.

What is Fuel Theft

When all of your expenses are covered with bills and buy the book everything is spent by the rule well… that my friends is as the result of the creativity of the thieves to find a way to cover their dirty work. They become professionals and developed a chain of cooperators so the fuel theft becomes a very well developed system of fuel fraud. There are so many ways of how the fuel is stolen from the fuel tank and some of them are very creative ways I must admit.

Source: www.telogis.com

The post Fuel Theft Calculator – Stop Losing Money appeared first on Fueloyal.

In today article we are going to speak about Free IFTA Tax Reporting Software and their importance. I know most of you every quarter you need to create and submit IFTA reports ask your self is there any Free IFTA Tax Reporting Software that can help me speed up the process and make it easier.

Source: https://message8.files.wordpress.com

Creating IFTA reports is not something most people like to do and somehow trucking companies always postpone this reporting all the way to the last day until the deadlines are on the door step.

Almost all trucking companies do this so if you are one of them don;t feel sorry for that – It is fine, you are just one of us!

But as a trucking company owner or if you are owner operator there is no other options besides doing IFTA reports and if you don’t do it you will face the penalty and get a fine for not doing it according to the deadline.

But there is some ways how to do it easier and to make sure your IFTA reports are created on time and properly.

The post Free IFTA Tax Reporting Software appeared first on Fueloyal.

Who Should Use Smart Fuel Cap?

As you probably realized by now Fueloyal developed smart Fuel Cap that prevents fuel misuse in Trucking Companies and in the same time provides 100% fuel management and control.

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The biggest expense every trucking company has is the fuel. On average 35% of all expenses goes on diesel bills and average Class A truck spends $2.000 weekly.

Class A trucks are leaving the company and spend on average up to 40 or 50 days without coming back to the company. Driver carrying company fuel cards in order to pay for diesel. But nobody knows is the purchased diesel really entering fuel tank and once it enters the fuel tank is it really staying there.

Potential fuel misuse creates a damage estimated on $10 Bln annually only in USA. The biggest threat comes from inside company factors (drivers) and outside company factors (thieves).

Who should use Fueloyal Smart Fuel Caps:

• Trucking companies operating with more than one truck in their fleet
• Companies having difference is fuel consumption between similar trucks. For example you have 2 trucks and one of them is spending 7 miles/gallon and the other one is having a consumption of 6 miles/gallon.
• Companies having Class A trucks in their fleet
• Trucking companies using fuel cards or any kind of bank (debit or credit) card for fuel purchases
• Companies carrying loads on distances more than 300 miles
• Trucking companies having company drivers

If you are company that find yourself into one of the five above mentioned tags you are then directly exposed to the fuel misuse and fuel card fraud. Every fifth trucking company has a direct evidence of drivers stealing fuel/misusing fuel card or had an experience with fuel theft when the truck was parked on a truck stop.

The post Who Should Use Smart Fuel Cap and Save $950 Truck/Month? appeared first on Fueloyal.