Saving Your Fleet Budget with Efficiency Measures

With profit margins tighter than ever, and fuel costs requiring as much as 60% of a fleet’s budget, efficiency has become one of the most important and effective ways to save.

Right now fleets who rely on traditional fueling practices are hemorrhaging money. On average, vehicles relying on gas station trips make 183 trips to refuel every year. If each trip lasts 20 minutes on average, that’s 61 hours of lost time to refueling trips every year. Sixty one hours where trucks are not earning money but are spending it.

Let’s extrapolate that number further to figure in labor costs. Nationwide salaries for drivers, averaged, are roughly $24.59. 61 hours at $24.59/hour is more than $1,500 per driver per year.

Now put 2 drivers in the cab for each refuel. That’s more than $3,000 wasted in refueling time alone. Every year. For every truck.

One way Booster makes your fleet more efficient is to cut these costs off your ledger. Mobile fueling keeps your tanks full so that your trucks are earning money every time they’re on the road instead of spending it at the gas pump. But mobile fueling isn’t the only way you can make your fleet more efficient.

Adjust Behavior Drives Savings

According to ScienceDirect’s recent reporting, driver behavior can cost you. Everything from speeding, idling, harsh braking, and more can impact your fuel consumption by as much as 30%. The more fuel your vehicles use, the more you have to buy, and the larger your fuel budget has to be. Ecodriving techniques can help.

Geotab reports that addressing four driver behaviors – speed management, acceleration patterns, momentum, and idle time – can save your fleet more than $12,000 per year.

Technology As A Tool

Your fleet is likely already harnessing some technology to make your day more efficient. In the days before Google Maps and Waze, you could spend hours sitting in traffic that you can now avoid thanks to rerouting and alerts about slowdowns and accidents. The next generation of routing technology is here. Already, AI-enhanced routing that takes GPS data, tanker inventory, drivers’ schedules, and delivery needs into account is making Booster a more efficient fleet. Finding tools and systems that streamline telematic data to give you the best route possible can cut mileage, decrease fuel consumption, and save your fleet money.

Preventative Measure Save You Money

Mobile fueling, adjusting driver behavior, and using technology effectively are all powerful tools to keep your fleet moving on a tight budget. Each tactic means you can get more value out of every dollar you spend on fuel than you would by driving to a gas station and refilling your tank manually. If you are interested in learning more about how Booster can help your team save, fill out our contact form to talk to a Booster team member immediately. www.boosterusa.com