With rising costs of fuel and disruptions in the supply chain continuing across the country and the world, many businesses have been forced to reevaluate and adapt. Businesses and organizations that rely on transportation have become especially affected by the supply chain disruptions and the surge of fuel costs. In response to this, many operations have looked to new ways to save money and cut costs in general, and an easy way to do this for any truck fleet is by cutting down on fuel consumption and becoming more fuel-efficient.
An effective way to cut down on fuel consumption and maintenance costs is to reduce the amount of time your trucks spend idling.
How Truck Idling Wastes Fuel and Contributes to Wear and Tear
According to the American Trucking Association (ATA), fuel costs contribute about 60% of total operating costs, making it the second-largest expense for truck fleets. The North American Council on Freight Efficiency (NACFE) concluded that a Class 8 tractor idling 5 to 8 hours a day for 300 days uses 1,200 gallons of diesel. In addition, the ATA has found that idling doubles the wear and tear on the engine compared to a moving vehicle, increasing maintenance costs by at least $2,000 each year and reducing the engine life by 20%.
With rising gas prices, everyone is looking to save money on fuel in any way they can. Those that are affected by it most are truck fleets, businesses that rely on fuel for everyday operations. Saving even pennies per gallon of fuel can equate to hundreds and even thousands in savings on fuel costs. Here we will discuss 10 ways that truck fleets can save on fuel amid rising gas prices.
If you run or manage a business that has a fleet of vehicles, you should be using GPS fleet tracking. There are so many major benefits to using GPS tracking for vehicle fleets, that businesses that don’t have them are going to have a harder time keeping up with the ones that do.
Recreational rental businesses are no exceptions. Below, we will discuss the ways that GPS asset tracking can benefit recreational rental businesses.
Operational Efficiency
Whether your business is renting out golf carts, scooters, boats, snowmobiles, or ATVs, chances are you’ve had to deal with late arrivals. GPS asset tracking allows you to monitor where the vehicles are, and how close they are. That means if they are still way out, you can sit back and go about some other business while you wait, or you can rest assured if they are only five minutes out.
