How to Reduce Fleet Fuel Costs
Any business that operates a fleet will know all too well the costs associated with its running. This is why it is so important to run your fleet as efficiently as possible in order to keep operational costs down. One of the many ways you can do this is by lowering fuel costs as this can make a significant difference.
Here are our top tips to do just that, including how fleet trackers can help.
Much like excessive speeding, unnecessary idling also uses more fuel than necessary. The Driving for Better Business report found that just two minutes spend idling burns up the same amount of fuel as driving one mile. Again, this may not seem like much but spread out across a day of driving, and an entire fleet of vehicles, it all adds up.
Did you know that using a fleet tracker can help you lower fuel costs? Although GPS fleet trackers are most commonly fitted to track vehicles, by using them, and the accompanying software, you can cut down on your fuel costs. Because tracking software, like the one we provide with our fleet trackers, gives you access to data like mileage, you can use it to discover which vehicles are eating into your budget the most. Tracking software will also allow you to manage your entire fleet and create more efficient routes, which will also help to cut down on fuel costs.
Excessive speeding is a surefire way to burn through fuel far more quickly than necessary. According to research from the Freight Transport Association, one of the largest trade bodies in the UK, you can achieve significant fuel savings by reducing speed. The FTA found that simply reducing the speed to 50mph from 56mph can yield a 5% reduction in fuel consumption. While this may not seem like much, when implemented across the entire fleet, it will soon add up to a significant saving. Using the Back2You fleet management software, you can not only monitor the top and average speed of driver but also keep an eye on excessive idling and harsh driving. Our management system even lets you define speed values, registering penalty points against those drivers who go over this limit.
Did you know that tyre pressure can affect fuel economy? For everyone 1 psi that tyres are below the recommended pressure, you will lose around 0.2% in fuel efficiency. So, ensuring that tyre pressure is regularly checked is just one of many maintenance tasks that you can carry out to improve fuel efficiency and reduce costs.