All things fleet tracking – industry news and best practices
Rising Gas Prices: What Does It Mean for Your Fleet?
Posted on 01/18/2012 by Wyn Partington | 0 Comments
According to a recent article in the Los Angles Times, "$4 gasoline coming this spring, and may near $5 by summer, analysts say," gas prices are on the rise. Tom Kloza, chief oil analyst for the Oil Price Information service stated that the springtime U.S. average would be $4.05 per gallon. Larger metro areas such as Los Angeles, New York, Chicago and others can see prices ramp from $4.70 a gallon to $4.95 a gallon.
How do you manage your fleet fuel expense with these prices? A GPS fleet tracking solution can help you reduce your fuel costs by up to 20 percent by tracking vehicles' idle times with an Idle Report.
Excessive idling and aggressive driving are two of the main culprits when your fleet fuel expenses rise. Additionally, unauthorized vehicle use can contribute as well. Are you drivers using your company vehicle after hours? After hours driving and weekend road trips can be easily tracked with a vehicle Start/Stop report.
Make it even easier and have an alert sent to your smartphone when a vehicle is moving during an unauthorized time. Using a few simple tools, you can dramatically reduce your fuel costs and combat rising gas prices.