How to Eliminate Fleet Fuel Fraud

An ex-employee for the city of Shreveport, Louisiana was recently sentenced to spend two-and-half years in federal prison for committing fraud by using city credit cards to illegally purchase gasoline. 1  This instance of fuel fraud took place over two years – from September 2017 to October 2019 – before the former employee was arrested for his crimes, which amounted totally to more than $400,000 of illegal fuel purchases. Read More

8 Ways Truck Fleets Can Curb Fuel Costs

After 2020 saw some of the lowest fuel prices of the last several years, the cost of regular gasoline and diesel fuel has been on a notable upswing since the start of 2021, according to the U.S. Energy Information Administration. 1  Because fuel prices are so volatile, fleet managers need to take extra care in managing this aspect of their business. Here are eight solutions fleets can take advantage of to keep fuel spend down.

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Fuel is one of the most expensive regular costs that businesses have to deal with. The American Transportation Research Institute found that fuel costs were the second-highest cost to trucking fleets behind only driver wages, making up as much as 24% of regular operating costs. Fuel prices can be volatile and subject to sudden increases based on factors as unpredictable as international politics, the weather, or even cyber warfare. These factors make it difficult for fleets to predict their impact.

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Your vehicle tracking system is a powerful tool that can be used to save money in multiple ways, but only if you use all the features. One feature that some GPS tracking providers offer is fuel card integration. Payroll and fuel are two of the largest expenses for fleet managers. Saving even a small percentage on either of these necessary expenditures can have a big impact on the bottom line. >> Continue Reading