How to Manage Fleet Fuel Costs - Business Media Group
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How to Manage Fleet Fuel Costs

The cost of fuel is rising and has reached an all-time high, topping more than $4 per gallon for regular unleaded. If you have a fleet of vehicles, keeping your vehicle’s consumption down can help you reduce your fuel costs and help your business reach its bottom line.

Because of this, you’ll want to take even more precautions in keeping your fleet fuel costs down.

Small changes in driving habits can make a big difference in gas consumption.

We’ve compiled tips on how you can manage fleet fuel costs. Keep reading to ensure you keep more money in your pocket while providing a safe and efficient commute.

Keep Your Engines in Good Shape

Keeping your vehicle’s engine properly maintained and serviced can help you to save up to 20% on fleet fuelling costs. A little preventative maintenance here goes a long way in preventing costly repairs down the road.

Keep an eye out for oil leaks, loose or damaged hoses, check tire pressure and make sure that air filters are cleaned or replaced regularly.

Also, drive within your vehicle’s recommended speed, as excess speeding will put extra stress on your car engine, which means extra fuel burned.

Minimize Idle Time

Idling your car wastes more fuel than you might think. About 25% of your tank. Stop-and-go traffic is even worse, since it causes more frequent acceleration and deceleration.

In general, idling is unnecessary, but if you have to idle for a few minutes, turn off accessories like air conditioning and reduce your speed as much as possible.

Drive the Speed Limit

If you are operating a gas-powered vehicle, then you can save on fuel costs by driving at or below the speed limit. In many cases, drivers tend to speed when they’re behind schedule.

Not only will driving slower help reduce gas costs, but it will also help minimize your risk of being involved in an accident.

Take Advantage of Technology

Today’s vehicles are packed with technology that can help you better manage your fleet’s fuel costs.

Take advantage of tools like GPS and telematics, which allow you to monitor miles driven, as well as driver behavior, including speeding.

If a vehicle exceeds certain parameters (e.g., exceeding 65 MPH for 20 minutes), then it triggers an alert that allows you to adjust routes or schedules.

Learn Fuel Efficient Driving Techniques

Unless you have an unlimited budget, fuel efficiency is probably a top priority for your fleet. Start by learning about fuel efficient driving techniques as well as teaching your drivers.

Park Further Away

Park at least two blocks away from your destination. Instead of using city gas, burn calories and take a brisk walk.

A study conducted by researchers at Duke University found that an adult who walks an extra 10,000 steps per day can lose up to three pounds over a year without making any other dietary or lifestyle changes.

Talk With a Trusted Fleet Fuel Advisor

If you’re running a fleet, it’s easy to lose sight of how much gas is being used per trip and where it can be cut.

One of your best lines of defense against fleet fuel waste is to contact a fuel advisor or consultant for your business expenses. Working with you on ways you can reduce fuel costs across your fleet.

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