Fuel Management from a Finance Perspective

I recently joined Sokolis group and I’m very excited about the opportunity to work directly with our clients and prospects with their fleet fuel management programs. For the past 25 years, I’ve always been a finance guy in the back-office and enjoyed working with data. My career also included a number of years in the mobile fleet fueling industry. It

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DEF Gallons Grow

As more companies continue to buy new diesel fuel trucks, the strong raise of Diesel Exhaust Fluids grows.

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Diesel Fuel Losses Happen Everywhere

It has always been known that diesel fuel losses take place. The issue most companies always thought they had in the past is how to control diesel fuel theft with their drivers. With truck drivers running around and fleet fueling prices going up and down, fuel theft should not be a surprise. Some companies are well aware of the problem

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Diesel Fuel Prices and Lady Luck

Diesel fuel prices up, diesel fuel prices down. Where is it and why? The same can be said about gas prices but the answer is not easy. Last week, I was asked for a prediction on diesel fuel prices for the next 12 years. I wanted to say, I can’t go to a casino and predict Black or Red enough

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Fuel Cards for Fleet Management

Fuel cards or fleet cards are payment methods for purchasing fuel at truck stops. These fleet cards can also be used to pay for various maintenance/expenses on vehicles in a fleet management.

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States Need Revenue Diesel Fuel & Gas Taxes Going Higher

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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Love’s Travel Stops First Truck Stop

Love’s Travel Stops is the first truck stop in electronic payment system. Love’s Truck Stop is completing the addition of an RFID-enabled payment system at its truck stop locations, saying it’s the first travel stop company to give customers the ability to process payment at the diesel fuel island through radio frequency technology.

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Diesel Fuel Prices Down 6 Straight

For 6 straight weeks diesel fuel prices fell. This past week according to figures released by the Department of Energy (DOE) diesel fuel prices across the country were 1.6 cents lower to $3.977 a gallon.

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Diesel Fuel Price Fall 4.1 Cents

The Department of Energy announced Monday that diesel fuel prices fell 4.1 cents for the week. This is the fourth straight week that diesel fuel has fallen from its highs a few weeks ago. This will provide a lot of fleet management some relief from the climb of diesel fuel from the beginning of the year.

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