Tag Archive for: fleet costs

Clean air filter: reduction in fuel consumption

Truck and road are the perfect match. Unfortunately, road and dust, too. When managing fleets traveling on different highways, the conditions of each route need to be considered. Good scripting is essential in the logistics process, but it is not always possible to avoid places that could harm the vehicle’s health or that could bring unexpected costs.

So it is with the dirt accumulated in truck systems, the air filter is a great accumulator of this dirt. Filters are one of the most important parts of truck mechanics. The correct maintenance of the components ensures, in addition to longer service life for the engine, to avoid some problems, such as:

 

– Filter clogging

– Entry of dust, earth, and other particles into the engine’s combustion chamber

– Engine overheating

 

The last item is linked to fuel consumption, as the hotter the engine, the more performance can be harmed, thus stimulating a greater expenditure on fuel. Cleaning the air filters well brings safety and economy. However, as a fleet manager you must be aware of the conditions of all vehicles, and to take care of the filter, only specialized professionals must do the maintenance. As the filter is what helps to regulate the air intake for the fuel, cleaning and periodically changing it will also make a final difference in your fuel costs.

For each gallon of fuel burned, the engine uses up to 10,000 gallons of air; thus it is easy to understand how vital a clean air filter is to the proper operation of a car. So here we listed some benefits of changing your air filter regularly: 

 

  1. Increased fuel efficiency

One of the biggest reasons to change your air filter regularly. Some studies indicate that replacing a dirty air filter increases fuel mileage on older, carbureted cars by as much as 14 percent if the filter is so dirty it affects driveability. In addition, changing a clogged air filter can potentially increase acceleration by 6 to 11 percent on modern fuel-injected cars. Other studies claim a 10 percent increase in gas mileage and up to 15¢ per gallon fuel savings. 

  1. Prolongs engine life

Changing the air filter regularly helps prolong engine life because the air filter is designed to trap damaging dirt and debris that can damage internal engine parts such as the cylinders and pistons. Engine damage can occur from particles as small as a grain of salt and result in costly repairs. 

 

  1. Inexpensive and quick fix

An air filter is one of the least expensive maintenance components to replace and can be done by doing it yourself. It is important to make certain the replacement air filter is designed for your exact make and model of car.

In addition to taking care of filter cleaning, there are other ways to regulate and reduce fuel consumption in your fleet. One of them is with Link2Pump. We made fuel tracking and reporting simple. In the era of data and connectivity, Link2Pump empowers businesses to take control of their fuel usage. Our solution combines a web portal and a device connected to your fuel dispenser.

Link2Pump also offers an open API for seamless and free integration with 3rd party softwaresYour fuel transactions and tank inventory data in the L2P system can interface via web service with basically any software platform, such as fleet fuel cards, billing programs, fleet maintenance, telematics, and much more. You can also export to text and spreadsheet files. 

 

Our company has solutions for several industries, such as agriculture, aviation, construction, government, marinas, manufacturing, mining, transportation, and utilities. If you want to learn more about our solution and are looking for alternatives to improve the bottom line and productivity, please get in touch.

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Fuel Management System Market to rise at CAGR of 8.9% through 2030

The COVID-19 outbreak has possessed a significant impact on the fuel management system market. Worldwide factories have struggled in integrating new fuel management systems as workers are staying at home that in turn has disrupted the supply chains across the globe. As the situation improves, supply chains, production, and also the demand for such products are likely to increase gradually. The present scenario is likely to offer opportunities for organizations to think about ways of increasing their production, improving current products, and research technologies.

Increasing the adoption of fuel management systems in logistics and transportation applications will offer robust opportunities for the market. With rising investments being made in logistics and transportation sectors, the use of fuel management systems has automatically increased for the increase in efficiency, security, productivity, and the reduction in overall costs.

Fuel management systems are developed to attain optimum fuel utilization and also minimum fuel wastage as oil reserves over the globe are depleting. Besides, the increased transportation services by sectors that use oil and gas to operate various operations need fuel monitoring and control systems which are likely to boost the market growth.

 

According to a comprehensive research report by Market Research Future (MRFR), “Fuel Management System Market Research Report, Type and Application, and Region – Forecast till 2030”, the market is expected to grow at a CAGR of more than 8.9% during the forecast period (2022-2030).

 

Fuel is one of the top 3 expenses in any fleet’s cost structure. Tracking and reporting where it is being spent can be challenging and time-consuming. So how do you stay on top of it? 

Link2Pump offers a simple solution that automates the entire fueling and tracking process. This way, you will always know where every drop of fuel is going, keep your inventory under control and do much more to drive fuel efficiency and performance to your fleet.

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3 ways fleet managers can reduce operational costs

Try different ways of cost-cutting and still keeping safety/operational efficiency is a regular job of every fleet manager. In the last months, with the pandemic, reducing operational costs has assumed critical significance. 

There are several expenses in this line of work. The biggest, of course, is fuel fees and asset maintenance costs. The good news is that there are different ways to optimize and reduce operating expenses.

Here are three steps for fleet managers looking to reduce operating costs: 

 

Exercise control over the distance covered

In the past, fleet managers did not have direct visibility over daily fleet operations data. You could not keep track of every mile covered by all the vehicles in your fleet. This often encouraged a tendency to use company vehicles for non-essential or personal purposes.

With increased connectivity and GPS tracking, this is no longer an issue. Using technology, businesses can now optimize routes like never before, cutting down on mileage and fuel costs. Telemetry data also allows fleet managers to effectively discourage frivolous usage of vehicles.

 

Improve fuel consumption

With fuel costs accounting for the lion’s share of operating costs for many fleets, this step may seem like a no-brainer. But many fleet managers end up not worrying about this all-important detail. 

Link2Pump offers a simple solution that automates the entire fueling and tracking process. This way, you will always know where every drop of fuel is going, keep your inventory under control and do much more to drive fuel efficiency and performance to your fleet.

 

Use technology for efficient maintenance

Maintenance is a vital function that has a value multiplier effect on your fleet – it improves productivity, reduces accident risk, and increases the longevity/resale value of vehicles. It is also an incredibly complex task, with huge potential for waste and inefficiency.

 

You can use maintenance software to boost savings without compromising on safety. These kinds of solutions give you full visibility on your fleet’s maintenance status, with automated scheduling, real-time data alerts, and other optimization options.

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How to Improve Efficiency With Fuel Tracking Technology

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How to save fuel is a very common question among people who own vehicles. Among fleet managers, therefore, knowing how to answer this question is essential for the success of the business.

That’s because, when monitoring the expenses of a field operation and accounting for everything that goes in and out, the percentage that the cost of fuel represents is surprising.

For example, did you know that annual fuel costs can represent 15% to 20% of the cost of a vehicle? The amount spent per year is second only to the cost of the vehicles. 

So, how can fleet managers get more control over fuel costs when prices are unpredictable? Not knowing these details can bring many losses, such as a fleet that uses more fuel than it should and vehicles being stopped for more frequent repairs.

Companies that manage the cost of fuel well spend up to 30% less than companies that do not control the expense. Which one is yours? 

But how can Fuel Tracking Technology help you save fuel?
  • Reduce engine idle time
  • Have better control of the routes taken by vehicles
  • Know how efficient drivers are being
  • Create the best routes for vehicles

According to the U.S. Department of Energy, idling a heavy-duty truck uses up about 0.8 gallons of fuel per hour. Trucks usually idle for about 1,800 hours a year, which uses about 1,500 gallons of fuel. Overall, idling costs the U.S. about $3 billion annually.

You can monitor idling time and fuel usage with tracking technology and ask drivers to consider how they can reduce idling without sacrificing comfort, safety, or productivity.

Also, overspeeding or driving beyond speed limits consumes more fuel. However, a fuel management plan is a right way of ensuring you aren’t using up a lot of fuel.

Fuel planning includes key metrics such as fuel tendency, chances of fuel reduction, and permitted fuel card usage. The plan can be used to determine vehicle fuel usage and fuel card transaction information.

If you want to learn more about our solution and are looking for alternatives to improve the bottom line and productivity, please, get in touch.

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5 qualities that make a good leader

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“A leader knows the way, goes the way, and shows the way.” This is how John C. Maxwell defines leadership. Having the right people in leadership positions is essential to success and employee retention. Surveys have shown that one of the top reasons employees leave their job is because of a bad boss.

To have a successful business, you want to have the best team at your side. But when you invest in the training and development of your employees, the goal is that you can keep the level of turnover low.

That’s why we are sharing some qualities that make a good leader so that you can evaluate your leadership and improve. 

01 – Aspiration and enthusiasm

It doesn’t matter if the desire is to increase the company’s online presence or conquer international markets, what separates good leaders from the best leaders is aspiration and enthusiasm. The big winners in the business world share the ability to develop bold strategies and the ethics to put them into practice. Successful leaders also inspire their teams to go beyond the day-to-day reality and work to achieve their best. Their sense of ambition is stronger than the fear of failure and it helps them to turn things around.

02 – Resilience

Sometimes, just striving for business goals can lead to failure. Self-confidence and ambition are not enough to withstand market challenges or to eliminate mistakes made in the past. Great leaders are incredibly resilient – they can turn a disaster into a victory in the last hour. This talent to recover when everything seems lost is a powerful quality in the long run.

3 – Empathy

The best bosses know that relationships are vital to their business trajectory and always exercise their emotional intelligence. They know how to empathize with their customers and teams and are always prepared to help or even to back off. In the view of a great leader, empathy does not diminish the value of the business – it adds value and helps it to grow. This attribute strengthens ties of loyalty and can stimulate partnerships.

04 – Creativity

To achieve goals, it is often necessary to set aside the rules and redefine established practices. The most powerful leaders innovate tirelessly and foster a culture of creativity, empowering their teams to follow suit.

05 – Feedbacks

For the “gear” of the system to function correctly and always keep moving, periodic meetings with the team must be held. In this way, the leader can offer feedback on the activities performed and the development of each of the professionals within the company. This is one of the best strategies to ensure that work remains aligned with the pace of production.

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A lifetime warranty is included in our management system

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Normally, if a manufacturer or company is offering a lifetime warranty on their product this means they have confidence in the quality of their work, and they want their customers to have that same confidence when they purchase as well. And that’s how we work. 

Link2Pump Pedestal automates the fueling process on-site, capturing data points you need and sending them to your online account in real-time. We also offer mobile applications that pack the same technological power from L2P Pedestal into a compact enclosure to fit fuel trucks, tanker trucks, or any kind of mobile tanks.

And when you choose to use Link2Pump fuel management solution, you also have included a lifetime warranty. Our unique lifetime warranty protects your investment and eliminates unexpected expenses. We offer a hassle-free parts replacement policy, where servicing is simple and easy and can be done quickly by the customer, reducing downtime to a minimum. And you don’t need to overpay for it. 

Why Warranties Are Important

A warranty provides peace of mind and protection. Your fleet can accept all possible demands, with the certainty that the supplier will ensure that the supplied equipment is always in perfect condition.

If you are a fleet manager, you know that having confidence in your team and your equipment is essential to keep the business always running. So, don’t be afraid to ask us questions about our warranty. 

Our company has solutions for several industries, such as agriculture, aviation, construction, government, marinas, manufacturing, mining, transportation, and utilities. If you want to learn more about our solution and are looking for alternatives to improve your bottom line and productivity, please get in touch.

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Everything you need to know about fuel tax refunds

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In 1933, the federal gasoline excise tax was implemented and taxed each gallon of gas at one cent. Current federal gasoline rates in May 2019 have escalated to 24.4 cents for each gallon of diesel and 18.4 cents per gallon of gas.

These tax refunds can reduce fuel costs, but still a lot of companies lose a lot of money each year by not accurately filing for fuel tax refunds.

When you purchase gasoline or diesel fuel, the federal government isn’t the only one taking a cut. You’ll also be taxed on gasoline by your state. Each state has its discretion as to the gallon rate of fuel you buy. States such as Pennsylvania, California, and Washington are at the highest level. Their tax rates range from 49.5 cents per gallon to 58.7 cents per gallon. States like Alaska, Virginia, and Missouri are at the low level with a range of 8.9 cents per gallon to 17.3 cents per gallon.

It would be impractical to set up separate gas stations and fuel depots all over the country to sell different taxed and untaxed fuels, so the government essentially taxes all fuels with a few exceptions, then allows credits for nontaxable uses. 

In most states and for the federal government, motor fuel excise taxes are collected and designated for highway and road construction and maintenance. Fleets using fuel for powering vehicles and equipment at off-road applications may qualify for federal and state-level refunds. 

Link2Pump can easily track and reconcile all information needed for filing fuel tax refund claims with a one-click report. It is really easy to save money with our service. 

The best part is that facilitating the tax refunds process is part of our service and you don’t pay anything extra for it. 

So with Link2Pump you automate your managing process, you have up to 25% fuel saving, plus 10 hours in time savings and also fuel tax refunds made easy.

If you want to learn more about our solution and are looking for alternatives to improve bottom line and productivity, please, get in touch.

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What to expect at World of Concrete 2021

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World of Concrete has been serving the global concrete & masonry construction industries for 46 years. The event connects and educates buyers and sellers through live and digital events throughout the year. 

The face-to-face event normally takes place every January or February in Las Vegas. This year the World of Concrete Las Vegas was rescheduled to take place on June 8 – 10. 

“Moving the event from winter to late spring in 2021 will allow additional outdoor activities that everyone can enjoy in the big city of Las Vegas,” says Jackie James, director of World of Concrete Group.

Drawing record numbers year after year, the 2021 World of Concrete, sometimes referred to as the Concrete Convention Las Vegas will feature a week of exciting new products, cutting-edge technologies, the latest equipment, exciting spectator events and competitions, and more than 150 educational sessions including luncheons, interactive workshops, and industry hands-on training.

Important! There will be no onsite registration this year due to new COVID safety protocols. You must register online before coming to the show.

With a detailed set of measures developed collaboratively with industry associations, event organizers, and venues, World of Concrete aims to deliver the highest levels of hygiene and safety at its event, providing everyone with reassurance and confidence they are participating in a safe and controlled environment. 

They recommend that every attendee read the safety requirements needed to enter the event, along with safety and hygiene measures guests can expect.

Early this year Link2Pump was part of World of Concrete Virtual Industry Forum. Over 300 industry professionals attended our VP of Sales session on how to reduce fleet costs by managing and claiming fuel tax rebates. Concrete producers and contractors can secure significant federal and state tax rebates for the fuel not used for on-highway activities, on average about 60 cents per gallon.

Have you already scheduled to go to the event this year?

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Tools you must have for contractor fleet management

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Fleet management is a complex activity. It involves legal obligations, costs, payment of fines, expenses with maintenance, purchase, team management, and much more. If you need to be more efficient, you should have softwares and technologies that will help you with these tasks. With the right tools in place, you can save time and money. Also, if you choose cloud-based software, you can manage from anywhere on any device!

Fleet Maintenance Software

A fleet maintenance software will help you avoid unexpected fleet vehicle and equipment breakdowns. You can track your vehicles and assets data to maximize value and minimize costs. With cloud data storage, you can manage vehicle information and track vehicle maintenance history from anywhere. Preventive maintenance schedules will also help you save time and money. 

GPS Tracking Software

GPS can be very helpful in a fleet management system. A good GPS tool can help increase the productivity of drivers, speed delivery times, bring efficiency levels high, and give businesses a pool of data that they can study to ensure operations are in best shape. GPS-based fleets are two times more successful than those without.

When you save time, you increase your productivity. Instead of drivers spending time waiting for traffic to move, they can, for example, make multiple deliveries. Not only will your customers be happy with the fast service, but your drivers and employees will be able to get more work done, saving you both labor and transport time.

Fuel Management Solution

With automated supply, the logistics become much more agile: times are shortened and you no longer depend on external factors that reduce business efficiency. In addition to being able to be placed in strategic locations, a fuel management solution allows the entire fueling process, including vehicle identification and odometer reading, to be completed very quickly.

The main advantages of installing your own fueling point are:

  • Fuel quality assurance, reducing the risk of fraud and ensuring that the entire fleet can have the same performance;
  • Elimination of the costs of moving machinery/vehicles to the gas station;
  • Practicality and speed of supply, since it will have the availability of supply 24 hours;
  • Fuel tax refund; 
  • Centralization and rationalization of consumption control.

Technology is a very important part of the fleet industry. If you are looking for a fuel management partner that is a complete high-tech solution to control commercial fleets fueling, contact us.

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5 tips for fleet equipment maintenance management

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Fleet maintenance is the process of keeping your vehicles operating in a good enough condition so that they are safe, reliable, and can stay on the road longer. Developing a preventative maintenance program is an important part of managing a fleet and helps businesses reduce operating costs and improve vehicle inspection outcomes, among other benefits.

Without a proactive approach to fleet maintenance, you risk compromising your employees’ safety and paying for costly emergency repairs and unplanned downtime. That’s why the health of your vehicles is a good overall indicator of the health of your business.

1 – Preventive maintenance

There are three types of fleet maintenance:

Corrective maintenance: Made when the defect has worsened and needs repairs, and aims to restore the vehicle’s normal use condition;

Predictive maintenance: The purpose of predictive maintenance, as the name suggests, is to predict when a failure may occur, based on wear, vibration, noise, heating, or other indicators, depending on the type of equipment, machine or vehicle in question, this avoids unnecessary downtime and breaks that would harm productivity;

Preventive maintenance: This type of maintenance aims to reduce excessive expenses with the fleet, as it is based on scheduling stops in advance for adjustments, lubrication, and replacement of components. Its cost is usually between 30% to 40% lower than the other modalities, in addition to increasing the time between maintenance, increasing safety, and reducing the probability of problems on the road.

To use these benefits, it is necessary to draw up a maintenance plan: in an agenda, or a fleet management software, point out which vehicles and components will be overhauled and the respective dates. Do it in a way that meets the need for maintenance of each type of vehicle, in addition to not leaving the fleet without enough units to operate and meet the demand of the company and its customers.

2 – Know the vehicles of your fleet

Know all the specifications of each vehicle in the fleet, this will help to structure the fleet maintenance plan mentioned above, as you will know the ideal parts, the exact moment, and how to maintain each one. Some of the most important information about each vehicle is:

  • maintenance recommended by the manufacturer;
  • frequency of filter and lubricant changes;
  • performance characteristics and load capacity;
  • wear ratio per load weight;
  • characteristics of your travel routes, such as roads in poor condition.
3 – Get qualified labor for fleet maintenance

As important for companies as investing in good quality vehicles, tires, parts, and components, the investment made must be preserved through the use of qualified labor for its driving and maintenance. 

The more specialized and competent the mechanic, the higher the quality of the maintenance provided, which will result in savings in maintenance, longer life of the truck, fewer stops due to breakages, and consequently, profitability on the fleet will be higher.

Besides, hire conscientious and responsible professionals who know how to take proper care when driving the vehicle, this helps to reduce wear and prevent possible accidents.

4 – Invest in fleet management and maintenance software

The use of fleet control spreadsheets, parts stock control spreadsheets, and maintenance control spreadsheets, in general, is often quite complicated and unreliable, in addition to the fact that preparing and feeding these documents is time-consuming for employees. Also, an ineffective control causes unnecessary parts to be purchased, maintenance periods go out of control, mathematical failures occur, data may be lost, among other problems.

These complications can be overcome with the simple implementation of fleet management and maintenance software, the program automates the entire bureaucratic process, issues maintenance alerts according to the launched fleet maintenance plans, issues more detailed and comprehensive reports, help to eliminate human error, reduces the need for typing and rework and allows employees to spend more time on their core activities.

With Link2Pump you can take control over everything related to fueling, improving delivery planning and fuel distribution, and also with a lifetime warranty. We offer a hassle-free parts replacement policy, where servicing is simple and easy and can be done quickly by the customer, reducing downtime to a minimum. 

5 – Track equipment maintenance expenses

A good fleet manager knows how to work together with the financial sector and the company management to create a budget plan that will allow you to define the limits of each type of spending on your fleet, so that on a day-to-day basis you can identify possible deviations and excesses, and work to heal them, preventing them from compromising the company’s profitability.

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