GPS Tracking for Private Fleets
8 Jun 2022Private fleets and GPS tracking were meant for each other. Below you find out why.
What is a Private Fleet?
Private fleets, according to the National Private Truck Council (NPTC), are fleets operated by parent companies whose primary business is not trucking. For example, a manufacturing company may operate a private fleet to distribute and transport its goods. Private fleets can be thought of as in-house truck operations for another business that does not exclusively provide trucking services.
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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.
