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How can your fleet benefit from improved fuel efficiency?

How can your fleet benefit from improved fuel efficiency?

Fleets that can improve their MPGs and boost their fuel efficiency can benefit from many competitive advantages.


What is fuel efficiency?

It is a term that motorists and fleets have heard a lot about in recent years. Auto manufacturers have picked up on the need for more efficient vehicles and now a car's, van's, bus's or HGV's miles per gallon (MPG) is one of its most important statistics to prospective buyers.

However, MPG and fuel efficiency are not derived solely from the vehicle itself. Indeed, huge fuel efficiency advances can be made by altering the way that people drive. Fleet staff can be taught the intricacies of brake and accelerator management, how to anticipate the road ahead and save fuel by enjoying a smoother journey. Telematics devices can be used to monitor driver behaviour and identify those who need further training to bring their fuel efficiency techniques in line with the rest of the workforce.

Real-time GPS technology can also help fleets implement careful, considered and ultimately more profitable routes that take into account variables such as speed limits and traffic congestion to find the route that allows a driver to complete a job using the minimum amount of fuel.

Why is there a need for fuel efficiency?

The overriding fuel trends of the past decade have seen the price of petrol and diesel increase. This is not surprising as the amount of fossil fuels that the planet can provide is finite and the resources are ever diminishing. Fleets and drivers often find themselves at the mercy of fuel suppliers who themselves have to take the macro economic trends into account when buying their oil. As one of the biggest expenses that many fleets have, any further increases in the price of oil, petrol and diesel can have a catastrophic impact on a fleet's balance sheet - particularly in a challenging commercial environment such as the one many companies are currently operating in.

Fuel efficiency becomes even more important to public service fleets that are seeing their funding cut by local authorities and the government and need some way to provide the same level of service with fewer finances at their disposal.

Who can benefit from improved fuel efficiency?

Anyone who owns a vehicle can. A parent who learns how to drive their family car more efficiently will find that they can make big savings on their motoring costs when they tot up their household budgets at the end of the month. But these savings increase with the number of vehicles being used and the amount of journeys being made. This is why effective fuel control is vital for fleets who want to be proactive and help control the amount of money that they are spending on petrol and diesel.

Any business that can lower its expenditure while still producing the same level of service and receiving the same revenues will see an overall financial benefit.

How will boosting fuel efficiency help my fleet and business?

The exact benefits will depend on the size of the fleet and the current fuel spend, but most companies can expect to save around 20 per cent after they implement fuel efficiency systems and training.

However, the holistic approach that the most effective fuel efficiency measures provide can help usher in a whole range of additional benefits to a company that operates in the transport and logistics sector. Drivers that are trained to be more frugal with their fuel tend to be more aware of the hazards ahead of them and this can help them avoid crashes and collisions. On a fleet-wide basis, this can not only improve a safety record, minimising driver and vehicle downtime, but can also ensure that insurance premiums reduce over time as well.

Where do I go to find out more about best practice in regard to fuel efficiency?

MiX Telematics helps businesses improve the efficiency and safety of their transport operations. We have produced a comprehensive guide for companies looking to improve their overall fuel efficiency, outlining the strengths and weaknesses of the different approaches. You can find statistics, industry guidelines and a range of examples of how other fleets have gained a competitive advantage by harnessing the power of fuel efficiency. To read it, click here.

 

Contact Us


For more information on our solutions, please complete the form below.

Address

750 Park of Commerce Blvd, Ste 100
Boca Raton
FL 33487
USA
Tel: +1 877 585 1088

Contact Us


For more information on our solutions, please complete the form below.

Address

750 Park of Commerce Blvd, Ste 100
Boca Raton
FL 33487
USA
Tel: +1 877 585 1088

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