For vehicles primal driving force is the fuel, having a full tank is one happy moment for every driver, but through the last years fuel cost was not stable more high than low and this is why fuel misuse and theft become a big problem.
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Should you be careful with your annual fuel spends? For the truck companies this problem have a major part of their development over the years. Having weekly, monthly or annual fuel control spends is important for the real annual earnings.
Having a false calculations can be catastrophic for your trucking company, you will spend more money than you really need to, for something that you don’t know about.
This spends in one frozen moment may not look scary but in annual review will be tons of money that you burned for absolutely nothing, nothing practical that will help your company to grow.
According to the market research 8% of all fuel in trucking companies is misused or in other words $1740 per month/truck or scary $20,000 for year/truck and for all the 15.5 million trucks driving across America and Canada this cost is more than $8.5 billion lost annually in fuel theft.
We live in a competitive age where we cannot afford making any mistakes, you have to try to be the best in the market and here are some tips to do that:
Tip #1: Install GPS in order to track optimal route and make sure drivers use the optimum route to drive
Going on the shorter route is one way to save time and fuel. You have to protect your trucks and other equipment when you have invested a lot of money into your company, one way to do that is to have real time mapping by using a GPS trucking system.