We all know that fleet fueling prices have gone up. We see it everyday at the pump. We feel it in our wallets. But why? Is it because of supply and demand? Is it because of volatility in the Middle East? Just what exactly is driving diesel and gasoline prices higher? It’s simple. The way this fleet fueling professional sees
If you thought your fleet fueling was going to get cheaper because the spring weather is approaching, check again. Gas prices increased 17 cents last week alone. The national fueling cost for gas is $3.33 a gallon. Most don’t believe the worst is over. It might be time to pull out a pen and paper as a fleet manger and
I wouldn’t expect your fleet fueling prices to fall anytime soon. China ordered banks to hold back more money as reserves in its latest move to control inflation. The government has used a series of interest rate hikes and increases in reserve levels in an effort to slow inflation in its robust economy. This kind of stuff usually helps the
The Department of Energy (DOE) just released diesel fuel pricing data that has diesel fuel prices rising for the 10th straight week jumping 7.5 cents to $3.513. It’s the largest increase since December 6, 2010 early in this rise of fleet fueling prices for trucking. This increase puts the diesel fuel price 74.4 cents higher than this same time last
Escalating diesel fuel prices in the news are as common today as predications of upcoming winter storms. Both can take a bite out of your business. Customer cancellations, loss of production time, maintaining equipment, operating your fleet to its full potential are all contributors of ol’ man winter.
Yes, we all know diesel fuel prices are killing your fleet management budget. For you fleet managers, diesel fuel prices are just hitting your fleet fueling costs it is also starting to increase other costs associated with petroleum products. Bridgestone Tire for example just increased a 12% increase in fleet companies tire cost effective immediately. Why? Increased costs in raw
We are all looking for ways to save money, especially with fueling prices on the rise. Hybrid vehicles are one way fleet management is turning towards to save money on fleet fueling costs. But how do you know if hybrid vehicles are right for your fleet companies operation?
Do we sound like a broken record now that diesel fuel prices have gone up nine straight weeks. The cost for your fleet fueling didn’t hurt as much this week with only a .8 cent increase to $3.438 a gallon nationwide. It does make diesel fuel prices 65 cents higher than this time last year. Ouch. Listen here fellow fueling
The Department of Energy continued to boost its projected price of diesel fuel prices, saying it will average $3.40 this year — a jump of 17 cents from its forecast last month. We know or at least we should know by now that the DOE projections on fleet fueling costs are always lower and sometimes much lower than what our
Do you know of any company raising their prices 16% in 2011? Are you kidding me? Most fleet companies are fighting to keep prices flat so they can retain their ever dwindling customer base. If gas prices keep soaring out of control, how is it going to be possible to make a profit in 2011? According to AAA, average gas
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