Fuel costs rose once again to record highs in late spring, eclipsing $4.50 per gallon nationwide. Any organization that relies on fuel is susceptible to that pain—and that includes school districts and their bus fleets. Georgia public schools were forced to go to remote learning days to save diesel fuel and cash, and a Florida district saw its fuel expenditures rise as much as 40 percent in a matter of months because of just-in-time purchasing policies.
For truckers in the Northeast, it will come as no surprise that I-95 in Fort Lee has once again given New Jersey the dubious distinction of having the worst traffic bottlenecks in the nation. It’s the fourth year in a row a New Jersey location has earned that “honor” which makes the Garden State one of the most difficult for fleet operators to navigate.
One of the main byproducts of record fuel prices? Fleet managers are paying attention to fuel expenditures more intensely than ever. Fuel and depreciation are a fleet’s two largest expenses—but only fuel offers the opportunity for significant cost savings with some simple changes in policy and better analytics.
With fuel prices at close to all-time highs in California and Arizona markets, it’s no surprise that fleet managers are dealing with increased incidents of gas theft. One small business owner came in and discovered five of her trucks had their gas tanks drilled and siphoned—costing her both the value of the lost fuel and downtime for repairs to her trucks’ tanks.
Standard GPS systems installed in a tractor-trailer can help you monitor where your truck is at all times—but if the truck is gone, you’ll only be able to watch it disappear. Just this spring, Ukrainian farmers watched helplessly as their expensive farm machinery was stolen by Russia and moved by truck hundreds of miles across the border.
Gas Theft and Fleet Fuel Fraud Up with Higher Gas Prices
Former employee Lindim Asipi of Waterbury, Connecticut is currently awaiting sentencing after pleading guilty to wire fraud in his theft of funds from the United States Postal Service. He faces a maximum sentence of 20 years. According to Leonard Boyole, acting U.S. Attorney for the District of Connecticut, “Asipi was a motor vehicle service driver for the USPS based in Waterbury, and the USPS provided Asipi with a fleet credit card that enabled him to purchase fuel. Read More
How Work Trucks Save on High Gas Prices in 2022
Cutting the money you spend on fuel can improve profit your business generates
Fuel and gas prices are a major cost for work truck fleets whether they run vans, pickups or trucks. Insurance, fuel, maintenance, and driver salaries all cost businesses with fleet service trucks a hefty sum of money. Read More
How Work Truck Fleets Save on High Gas Prices
Cutting the money you spend on fuel can improve profit your business generates
Fuel and gas prices are a major cost for work truck fleets whether they run vans, pickups or trucks. Insurance, fuel, maintenance, and driver salaries all cost businesses with fleet service trucks a hefty sum of money. Read More
