Being the backbone of the US economy, the trucking industry is moving around 70% of the goods, and that makes it one of the biggest fuel spenders. Therefore in order to help trucking companies to reduce their fuel costs, Fueloyal has developed and integrated a Fuel Optimization Tool that can bring up to $300 on a monthly basis.
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The trucking industry customers have been the biggest inspiration and motivation for the development of the Fuel Optimization Tool. In the foreground the fuel expenses exemplify the biggest problem for the trucking companies, and consequently each company is looking for ways how to reduce that cost and to save money.
Henceforth, the fuel expenses are definitely the biggest concern of the trucking companies, up to 35% of the money that a single trucking company makes go on fuel.
Furthermore in this article you will find out more information about the issues that the people in the trucking industry are facing in regards of the fuel costs, as well I have provided you more details about the Fuel Optimization Tool that Fueloyal has developed.
Fuel purchase problems are part of every day life for the people that are engaged in the trucking industry. But you must be asking yourself why fuel purchase has become such a big problem for the people in the trucking industry? To be honest, fuel purchase has become a big problem due to the fluctuation of the gas prices that is happening significantly from week to week.
Thereupon, skyrocketing fuel prices have brought enormous unexpected cost for trucking companies, and it has come altogether with major reductions in the US economic activity. Actually since the Motor Carrier Regulatory Reform and Modernization Act took place in 1980, the trucking industry in USA has experienced ups and downs. Those ups and downs in the trucking industry are present even nowadays, this industry is still experiencing it every now and then.
We are all well aware that the fuel is the biggest expense for each trucking company, therefore if the trucking company leaders, as well as the truck drivers do not manage it good it might lead them to even bigger problems- up to profit decreasing.
The trucking industry having a great impact on the US economy is in general spending around 13% fuel on annual basis, and if we transform those 13 % into dollars we can see that trucking companies are spending more than $130 billion. To put it a bit differently, on a weekly basis in general an average Class A truck is spending around $2.000 on a weekly basis.
Point often overlooked is that for each problem there is a particular solution, likewise the same goes for the fuel purchase problem. In the light of the process of tendering up of fuel prices, the trucking companies have found a solution which is- optimized fuel purchases.
The optimization solutions for over-the-road fuel purchases enable truck drivers to monitor, as well as to see the network of gas stations that are near them, and more importantly that have fuel discounts.
Truck drivers are the ones that are playing the crucial role in the trucking companies. When I say that truck drivers are playing the crucial role in the trucking business, I refer to the fact that they are the ones that are responsible for the safe and on-time load transportation, as well they are the ones that are the decision makers for important parts of the transportation processes, such as the fueling.
Henceforth, truck drivers are leading a way different lifestyle, they can spend weeks and months on the roads without their loved ones, their family, and their friends. As a result to that most truck drivers tend to give themselves a good treat, that treat most of the times is stopping on a gas stations, as well as on truck stops where the amenities are the best.
In the final analysis it has been noted that truck drivers by providing themselves a good treat by stopping on truck stops and gas station that have the best amenities for them, they are spending additional amount of the company money, and by that they put the company in loss. They are spending additional money because most of the truck stops and gas stations that have one of the best amenities such as best food or best showers 99% of the times are not the cheapest ones.
First and foremost, it is in common for all truck drivers that they don’t like to stop too often for refueling, they tend to do it all at once- to refuel, to have shower and lunch. So in order for them to do the refueling in a less-expensive way, first of all they should estimate and to pre-specify the minimum quantity of fuel that has to be purchased at a gas station. After that it is recommendable for the trucking companies as well as for the truck drivers to do a research and to see which fuel optimization tool can meet their needs.
In essence, fuel optimization as one of the best ways for trucking companies to save money is bringing numerous conveniences to them. Those conveniences are in the form of overall reducement of the cost for each trip, also fuel optimization allows trucking companies to have a continual monitoring of the nearest gas stations and by that they will reduce their average fuel cost.
Fuel optimization systems and tools are providing the best fuel optimization programs to tucking companies. Moreover these optimization programs have been developed from people that understand trucking industry the best, in that direction the fuel optimization tools are enabling truckers to identify the fuel differences, and by that to direct themselves to the fuel stops with the lowest fuel price.
Forthwith, Fueloyal as Innovative Fuel Management Company is known to be introducing and providing the most effective and valuable solutions for the trucking industry, in the same direction caring for the success of trucking companies and truck drivers Fueloyal has developed and integrated Fuel Optimizer.
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