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.

Over the road truck driving expenses can take good portion out of your income and profit. With that in mind, you should always try to minimize them!

I mean, it’s same as everything else in life! Regardless if you are a broker sitting in your office, a bus driver, or you have a job in the logistics department, there will be some understandable expenses that come straight out of your pocket.

Well, the same goes if you are an over the road driver. You will have truck driving expenses, but the good news is that you can always try to minimize them and save some extra dollars.

Now, when it comes to truck driving expenses, that’s a wide range of topics, and it has a lot of various bits for discussion. There are some costs that simply cannot be avoided and you have to have them. Same like the cost of living!

But also, there are some truck driving expenses that can be minimized if not totally eliminated. Those minimized truck driving expenses can make a drastic change and a big difference in your bank account, so why not try doing it!

There are pros and cons and many challenges related to the over the road trucking and the truck driving expenses that go with it, but at the end of the day it all depends on which point of view you are going to take.

The post 7 Secrets to Minimize Your Over the Road Truck Driving Expenses appeared first on Fueloyal.