There are several ways a fleet manager can reduce their fuel spend and waiting for fuel prices to go down is NOT one of them. In this post I’m going to answer several questions and share some of our best strategies to save money on fuel, understanding fuel management and fleet fuel cards.
Yes, this could be one of the most important ways to reduce your fuel spend. Educating and monitoring your drivers to eliminate speeding, reduce idle time and avoid accelerating too quickly is all key to reducing your fuel usage.
Yes, a great option is low rolling resistance tires. These are specifically designed to improve fuel efficiency, and don’t forget to check tire pressure. A study by the U.S. Department of Energy found that for every one psi (pounds per square inch) drop in the tire pressure of your tires will lower gas mileage by 0.4%.
Yes, check the vehicle owner’s manual to determine the lowest fuel grade suggested by the manufacturer. Then let the drivers know the type of fuel to purchase.
Yes, the substantial savings associated with a properly managed fuel program far outweigh the cost of the program.
Managed Fuel Programs and Fuel Cards
While vehicle maintenance, tire choice and driver behavior play a critical part in fuel conservation, understanding how to implement a fuel management program can be like putting all the puzzle pieces together to get the big picture.
At impac we use a collaborative, consultative approach. The goal is to help the Fleet Manager be more informed when it comes to making decisions in the following areas: controls and fraud reductions, compliance, fuel and maintenance transaction integration, discount merchant networks and ease of reconciliation & payment.
Our impac fleet fuel card program is designed around the need for a single-source provider for all card issuance, billing, payment and customer service. impac brings it all together for a complete and comprehensive fuel and maintenance fleet solution. Click Here for a comparison of our universal card and truck stop fleet fuel card.
Best in Class, Individualized Fleet Fuel Management Solutions
- Control costs and significantly reduce the risk of fraud for your fleet
- Set fuel and maintenance limits using a wide variety of hard and soft controls
- Fleet managers can review all fuel and maintenance purchases online
- Unmatched and dedicated personal support & customer service
- Customized solutions and recommendations
- Receive a consolidated invoice and cut one check for all fleet fuel card purchases
- Over 25 custom and standard reports giving you the information you need
With impac – it’s like having your own fuel management department.
Another key element to monitoring fuel spend is route tracking. Tracking the routes that the fleet drivers take on a daily basis has become easier with the development of telematics and software.
Having a good GPS device and routing software will save on fuel usage and help maximize the most efficient routes, cutting down on out of route miles driven. With the right setup you can separate personal miles from work miles and allocate some of their fuel spend to the personal use category.
According to the U.S. Department of Energy, aggressive driving can reduce highway fuel efficiency by 33% and city efficiency by 5%.
Labor Day 2019 Fuel Prices
“For Americans who bookend summer with road trips, they will find gas prices this coming weekend that are cheaper than this past Memorial Day and last year’s Labor Day holiday,” said Jeanette Casselano, AAA spokesperson. “At the start of the week, two-thirds of all states have gas price averages that are nearly a quarter cheaper than last year.”
Want to learn more about how impac can help you reduce your fleet’s fuel spend? We would be happy to schedule time to meet with you and discuss a custom designed program specific to your company needs.