Tag Archives: Reduce Fuel Costs

Reduce Fuel Costs and Push Up the Profit Margin- 4 Tips to Reduce Fuel Costs

Whether or not a construction project will be able to meet the given deadline is a matter that heavily rests on the heavy equipment. If the heavy equipments function well, one can be assured of attaining appreciable results n good time. However, the rising expenses of the fuel have been successful in placing a frown on the foreheads of the heavy equipment fleet management companies.

Reducing Fuel Costs By Means Of Fleet Management Software

A study has revealed that a truck covers an approximate distance of 100,000 miles per year. Needless to say this distance results in a high fuel expenditure of a fleet management company. Heavy equipment, too, require quite an amount of fuel in order to keep things running smoothly. It can, therefore, be concluded that the cost of fuel that a company has to bear in managing the heavy equipment fleet is quite high. However, the heavy equipment fleet management software has proved to be quite a boon as far as decreasing the fuel costs are concerned.

  • It has been estimated that heavy equipment makes use of more than 685 million gallons of fuel per year when they are in an idling position. However, by making use of the fleet management software, you can ensure a significant reduction in the idling time of the heavy equipment and thus bring down the cost of fuel by a considerable margin.
  • There has been found many instances when a particular vehicle has strayed out of its designated track. This means that it travels extra miles and consequently spends a greater amount of fuel. By opting for the fleet management software, you can keep track of the equipment and can ensure that it does not leave its designated track. This means lesser number of miles and lesser fuel expenses.
  • Commendable driving skills have been seen as one of the best ways in which a heavy equipment fleet management company can bring about a significant reduction in the fuel costs. The fleet management software keeps record of the speed of the vehicle in question along which has been found to be a significant contributor to the amount of fuel burnt. The software allows the companies to track the speed limit, thereby, bringing down the fuel cost by a considerable margin.
  • Opting for the best route is another way of bringing down the fuel costs. The fleet management software allows the companies to map out the best route for vehicles, thereby, enhancing the optimal utilisation of the fuel. This optimal use of the fuel definitely contributes significantly in bringing down the fuel expenditure by a considerable margin.

One could, therefore, conclude that the efficient use of fuel is one of the best ways to bring down the fuel expenditure of the company. Fleet management software is one of the best ways in which companies could go on about it.