Throughout the year, Sokolis must update its records for all of the changes made to fuel taxes. It’s a tedious task to sift through the information scattered across the internet for each state. Even though there are web sites that consolidate fuel tax rates in one place, identifying potential exemptions takes more research than just glancing at summarized data. That
Traditionally, state governments have funded road construction through taxes on fuel. As vehicles become more efficient, though, the income from fuel tax is affected, with long-term concerns that it might eventually become insufficient. An increase in electric cars – and the introduction of electric trucks (Tesla recently unveiled an electric semi-truck) is starting to cause revenues to drop. With more
Lately, I’ve seen a lot of headlines that highlight companies that are adding or replacing vehicles in their fleets with natural gas units. Various suppliers are also investing millions of dollars to expand their distribution networks so that CNG and LNG can be obtained more conveniently.
Its 6:45PM and dinner’s on the table back home and your family is waiting, but you’re still at the office working on four different projects. Two of those projects need to be finished by Noon tomorrow. Sound familiar? That’s the business environment we live in today. Do more with less. 60+ hour work weeks. Lean initiatives. And let’s not forget
Years ago, companies were hesitant to direct drivers to fuel stop networks. They were fearful drivers would get upset and leave. Today we are facing the same issues we did back then. “Driver Shortage” But, a lot has changed since then. The need for a company to manage their fuel cost has become a necessity and drivers understand this more
A good friend used to always say “Don’t make things so complicated. It’s not rocket surgery.”
Sokolis has been saving fleets money on their fleet fuel purchases for over 10 years. Despite our decade in business, we have never attended the ATA conference – one of the biggest shows in the trucking industry.
Pilot Flying J truck stops are under investigation by the FBI and IRS. The reason for the investigation has yet to be clear by those 2 authorities. Pilot Flying J truck stops, CEO, Jimmy Haslam said in a press conference, “that the rebates that were owed to customers were not paid. We, of course, disagree with that.”
Diesel fuel prices fell for the 7th straight week according to the DOE. This week diesel fuel prices went down 3.5 cents per gallon. The national DOE diesel fuel price for the week $3.942 per gallon.
While states struggle to keep up with increased demand on their highway infrastructure, people buying diesel fuel and gas are going to pay. In the latest news, the state of Virginia has passed a law that goes into effect July 1, 2013 that will raise diesel fuel taxes and gas taxes.
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