Fuel Procurement: A Quick Guide to Success
June 18, 2024
Buying fuel can be confusing. Discover the best practices and technologies that can help you buy fuel at a low cost.
Buying fuel can be confusing. Discover the best practices and technologies that can help you buy fuel at a low cost.
If you are managing a large fleet then you have probably found that it is cost-effective to have a fuel storage tank on your property to handle some or all of your fueling needs.
If you use propane to power forklifts in your operations, or other alternative fuels in your fleet, there may be an opportunity to file a Federal excise tax claim for a credit or refund related to the fuel used during 2017.
Fuel costs are a major cost of doing business when operating a fleet of any size. Purchasing new vehicles can significantly reduce fuel cost, but can be prohibitive as a capital investment. Most fleet managers are unable to replace their entire fleet and may continue to operate older vehicles for some time. This means that proper maintenance to improve and maintain
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
Our roads and highways are our major means of transporting goods, providing service, and keeping our fleets moving and our business operating. Our highways need to be maintained and safe for drivers. The funds, which pay for roads, bridges, and transportation projects, come from the Federal Transportation Trust Fund.
CONNECT WITH US:
Gain instant access to the ebook!"*" indicates required fields
