In this highly competitive world, we often hear the news that fuel prices have increased by this percentage, but business owners need to keep the operating costs low in order to be in the market. Since the fuel is the only thing to operate the vehicles, optimum fuel utilization is crucial to maintaining. To lower the expenses of fuel, the most efficient transport companies in the industry are taking the help of equipment of fuel tank monitoring these days to get a good score in these five key areas including idling, vehicle maintenance, excessive speeding, fuel slippage and delivery schedules.
1. Save Fuel Consumption from Idling
According to a report of driving for better business, idling for two minutes uses the same fuel quantity that is required to cover one mile.
2. Proper maintenance is ideal to lower your fuel bill
It is seen that unplanned maintenance is always more expensive for a business than any planned maintenance. Proper maintenance is important for maintaining fuel efficiency, thereby reducing fuel cost of the entire fleet. Some important maintenance areas are mentioned here to support fuel efficiency of the fleet:
3. Diminish Excessive Speeding
The ideal way for companies to cut the fuel expenses is to reduce excessive speeding. According to a survey, a significant reduction in fuel consumption can be possible only by maintaining the vehicle speed to 50 kilometers per hour.
4. Slippage of Fuel
Are you concerned about the increased occurrences of fuel theft from your fleet? Because of continuous increase in the oil prices, there is an increase in the events of fuel theft. The events of fuel theft and unauthorized fuel purchases could easily affect your business.
5. Enhance Navigation and Delivery Schedules
According to a report of vehicle operation cost, the average cost of operating the vehicle is £0.52 per mile. For instance, if the average miles driven by a vehicle in a year are 100000 then the company could save £5200 per vehicle on an average by efficiently eliminating out of route miles.
By working on these points, one can easily reduce the fuel costs but by installing Fuel Tank Monitoring Equipment in your fleet, you can easily keep an eye on entire transactions of your business on the one go.
1. Save Fuel Consumption from Idling
According to a report of driving for better business, idling for two minutes uses the same fuel quantity that is required to cover one mile.
2. Proper maintenance is ideal to lower your fuel bill
It is seen that unplanned maintenance is always more expensive for a business than any planned maintenance. Proper maintenance is important for maintaining fuel efficiency, thereby reducing fuel cost of the entire fleet. Some important maintenance areas are mentioned here to support fuel efficiency of the fleet:
- Maintain the tyre inflation pressure and check tyre wear
- Change fuel filters at regular intervals
- Align all axles to diminish rolling resistance
- In case of a dent, go for proper vehicle body damage
- Always use recommended grades of motor oil
3. Diminish Excessive Speeding
The ideal way for companies to cut the fuel expenses is to reduce excessive speeding. According to a survey, a significant reduction in fuel consumption can be possible only by maintaining the vehicle speed to 50 kilometers per hour.
4. Slippage of Fuel
Are you concerned about the increased occurrences of fuel theft from your fleet? Because of continuous increase in the oil prices, there is an increase in the events of fuel theft. The events of fuel theft and unauthorized fuel purchases could easily affect your business.
5. Enhance Navigation and Delivery Schedules
According to a report of vehicle operation cost, the average cost of operating the vehicle is £0.52 per mile. For instance, if the average miles driven by a vehicle in a year are 100000 then the company could save £5200 per vehicle on an average by efficiently eliminating out of route miles.
By working on these points, one can easily reduce the fuel costs but by installing Fuel Tank Monitoring Equipment in your fleet, you can easily keep an eye on entire transactions of your business on the one go.