HowToHow to Reduce Fleet Fuel Costs

How to Reduce Fleet Fuel Costs

Recent data estimates that 25% of total spending for fleets goes toward fleet fuel costs. This makes fueling costs a significant challenge for fleet management.

Reports also indicate that a shared priority next year for fleet operators is to find innovative ways to lower expenses and increase operational efficiency. It may seem like a tremendous debacle because fleet vehicles need gas to deliver goods and services.

However, there are many ways to drive down the cost of fleet vehicle fueling. Fleet vehicles are machines and require attention to achieve better efficiency.

It takes planning, preparation, and technology to save money for your fleet. Here is how.

Monitor Speeding

When lowering fueling expenses, first remember that driving fast takes more gas. Therefore, if your drivers are speeding, this drastically affects fueling costs.

The solution is easy. There is GPS tracking technology on the market that will monitor speed. Not only that, but it can also detect dangerous driving. For example, it can monitor harsh braking.

Improve Route Efficiency

GPS tracking technology can also play a vital role in determining if drivers are taking routes that are not efficient. Do you notice that they are driving in circles? It is time to streamline your operation and find ways your drivers do not need to go back and forth, such as incorporating more customers on trips.

Schedule Preventative Maintenance

Whether you want to reduce fuel costs or ensure a longer vehicle lifespan, scheduling regular maintenance is critical. Keeping your vehicles in their best shape also ensures the safety of your drivers. We highly recommend you check out fleet maintenance tracking solutions from EquipmentShare.

Check the Tire Pressure

Have you tried riding a bicycle with low tire pressure? If so, you will notice that it takes more effort to get speed. This is how it is for your fleet vehicles.

Low tire pressure forces them to work harder, which takes more gas. Fleet management should check tire pressure weekly.

Remove Unnecessary Weight From Fleet Vehicles

Besides the cargo that fleet vehicles carry, are there additional pieces of heavy equipment, like a complete set of tools? This will rack up fuel costs, too, so you need to see if you can lighten the loads. Fleet management can also benefit from removing unnecessary items because it can stop needless wear and tear.

Sign Up For Fuel Cards

Fleet vehicle fueling is a golden opportunity for your local gas station chain. They want you to be loyal and will offer discounts for doing so with their fuel card program.

Any way you can save on fuel costs, take advantage of it.

Lower Your Fleet Fuel Costs

While it is a challenge for many, the solution for reducing fleet fuel costs is much simpler than you think. With the involvement of fleet management, you can monitor speeding, lessen the loads, and choose more efficient routes. Don’t forget about regular maintenance and signing up for a fuel card.

Every little bit helps, and altogether, you will find significant savings. We publish articles daily with advice to help your business thrive, so don’t bounce. Keep clicking for more brilliant business tips.

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