What is more economical for your fleet, a purchasing card (P-card) or a fuel card? It depends on the situation and the makeup of your fleet. Are you purchasing gas or diesel, or perhaps both? Are you a local fleet or traveling over-the-road? Class 8 tractors or pickup trucks? Do you need to report information to IFTA or track transactions
Yep, you’ve heard them all. “Don’t take your eye off the ball”, “Success isn’t given, it’s earned” or “A goal without a plan is just a wish”. Every one of those were spoken by successful people.
Why should stability be a precursor to instability? A recent article in the Washington Post referred to the economist, Hyman Minsky, who explained, “Financial stability is destabilizing. The longer markets are calm, the more people plan on them staying that way. People take bigger risks and take on bigger debt because it doesn’t seem like anything can go wrong —
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.
Do you ever get the feeling that you’re constantly running? Putting out one fire after the other? You come in to work with a list of things to do, and you’re happy if you get to cross off one of them by the end of the day. I’ve visited offices and seen white boards listing top initiatives to be implemented,
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
Nationwide prices for diesel fuel remain near $4.00 per gallon as outside factors continue to keep fuel prices on their toes. With U.S. commercial crude inventories at record levels, you would typically expect large declines in diesel fuel and gas prices.
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
I recently attended the Truckload Carriers Association (TCA) annual conference in Dallas less than two weeks ago. This was the first time Sokolis had participated. It was also the first time I’ve ever been in Texas and what they say about everything being bigger held true. The conference had a pretty good turnout. It wasn’t the biggest I’ve been to
Time is money, how many times have we all heard that? We all know it’s true, particularly when it comes to fleet management. The recent changes to the Hours of Service (HOS) regulations have definitely created some challenges for companies that need to maximize their drivers’ productivity.
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