Tag Archive for: fuel tax refunds

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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How Often Should You Conduct Safety Training?

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Companies that value well-trained employees often have ongoing training programs in place. Ongoing does not mean continuous, so how often should you provide ongoing training to employees?

Certain safety training topics have to be refreshed or retrained on a set schedule. In most cases, safety or other training courses that result in or require certification will only be valid for a certain length of time before retraining is required. It is always a good idea to take note of what safety training expires and when so that you can ensure that all employees are properly trained and certified.

When you first train a new employee, they will take security messages seriously, but without any follow-up training, they will probably incorporate some unsafe habits. That puts you, them, and everyone on the road with them at risk. You need to make safety training a regular part of driving for your company.

If you want to protect your people and reduce accidents, safety training must be a continuous process. It’s not just an onboarding event.

An effective safety training program:

  • Uses monthly safety meetings to reduce your biggest loss-leaders
  • Delivers important safety messages daily
  • Features larger training events throughout the year

Organize monthly safety meetings to reduce your biggest loss leaders. Make safety training a part of everyday work life with daily safety tips and briefings to start the day. Host larger training events a few times a year to dig into complex safety issues.

Preventive training aims precisely at correcting bad behaviors, conscious or not, that lead to risk. And it is not just the company that has had a serious or fatal accident that should seek training – ideally, the risk is identified to avoid the accident.

This is where the safety culture comes in: a set of good practices that are shared with employees. Uniform training and guidance among those responsible for work safety and drivers help foster this type of culture.

More than that, training manages to put the risky habits into context, making the act of driving more conscious than unconscious – that is, avoiding recklessness and distraction.

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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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