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.

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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.

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Termite control companies, like most pest control companies, spend a significant portion of the day on the road. Driving from the company’s headquarters to individual clients’ homes and businesses is a big part of the job, and results in expenses towards gas and driving maintenance.

Therefore, it is important to consider any way to minimize expenses and make sure your drivers make it to clients as quickly, safely, and budget-friendly as possible. An easy and effective way to accomplish this is by incorporating GPS tracking for your termite control vehicles.

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If you own or manage a fleet of vehicles in the U.S. or Canada, you are likely familiar with the International Fuel Tax Agreement (IFTA). The IFTA is an agreement between the lower 48 United States and ten Canadian provinces for the reporting of fuel use by trucking companies operating in multiple jurisdictions. The IFTA was established in order to make it easier for transportation companies that own a fleet of vehicles to report and pay their fuel taxes.

How Does the IFTA Work?

 Motor vehicles with a gross vehicle weight of 26,000 pounds or more, and/or three or more axles, along with any trucks used across state lines or the US/Canada border, are required to comply with the IFTA.

To be compliant with the IFTA, IFTA carriers have to be registered with the International Registration Plan (IRP). All qualified trucks are provided with decals that must be replaced annually and displayed at all times.

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When your business is renting equipment, you know that you can’t afford to be regularly losing equipment. When a construction company loses assets like tools or other equipment, it may be an unwelcome expense to the company, but they can replace it and continue doing the work that is bringing in their revenue.

However, when an equipment rental company loses their assets, that means they lose the main sources of their revenue, and simply can’t afford that happening or for long. While a few things here or there may not seem like a big deal, a continuing trend of lost equipment could mean putting a serious dent in your bottom line. When your rental equipment is lost, misplaced, or stolen, you’re missing vital inventory, and you could potentially lose future opportunities, putting you in an even worse position. Plus, you’ll bear the burden of higher operational costs.

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