Posts Tagged ‘fuel’

The Best Method to Combat Fuel Theft

According the Association of Certified Fraud Examiners, the typical business organization loses about 5% of it’s revenue each year to theft, fraud, and embezzlement. Think about that for a moment, lost revenue, which is seldom discovered, accounting for $5,000 for every $100,000 you earn. As fleet managers, your biggest advantage to the company is knowing […]

IRR Tires saving you money
Can LRR tires save money?

Sometimes we think that any effort to save money in fuel cost must be a positive in our bottom line. Low Rolling Resistance (LRR ) tires fall into this category. Several considerations must be weighed in terms of use, wear, tread design and even climate. Selecting a tire for the right application is important. If […]

The 2 ways to lower fuel prices

I have long said to end high oil prices we need one of two things, or both. It seems that the proposition of both is now occurring, and thus we’re seeing some of the lowest oil prices in history. The first step to lower prices is less demand. The oil industry is unique in that […]

10 Steps to Winterize Your Fleet

Winter presents more hazards for drivers and more headaches for fleet managers. Simplify your workload by following a few easy steps to winterizing the fleet yourself for the cold months ahead. First thing is to check your manufacturers maintenance schedule and conditions for winter or cold weather use. Ultimately, the manufacturer must abide by the […]

How To Work With An Insurance Adjuster Following An Accident

Fleet managers have plenty of issues on a daily basis. Perhaps one that can be confusing is how to handle an insurance claim following an accident. As a rule of thumb, make the claim with your own insurance carrier. Although you will be charged a deductible, the added expense will be worth the peace of […]

If You’re Unfortunate Enough To Have An Accident

Owners of heavy trucks face increased scrutiny in their liability when an accident occurs. These factors are compounded when the accident happens in a jurisdiction that may not be friendly to large trucks or the companies that employ them. If you follow some of these simple steps, you may be able to reduce your risk […]

Labor Statistics Point to More $ for Fleet Managers

So when you were a kid, what did you say you wanted to become when you grew up? If you answered Fleet Manager, then congratulations, you selected position that typically is defined above the national average for employment. According to the Department of Labor’s (DLB) Bureau of Labor Statistics (BLS), First Line Managers and Supervisors […]

Are your drivers following too close?

As a business owner, reducing your employee’s chances of being involved in a rear end collision is like money in the bank…and being involved in a rear end collision, is like letting someone else cash the check on your business. Rear-enders are a major type of accident claim, although they may be disguised in accident […]

How Level III Data Helps your Fleet Move Forward

Frustrating many business owners is the issue on how to allow employees the ability to conduct a spend transaction in the field. For many years, fleet managers dealt with bulk tanks and specific retailers on a route to provide an accounting of the fuel purchased. Naturally, without the controls in place, there were instances of […]

Employer’s Exposure from Background Checks for Drivers

If you’re in the business to hire drivers you already know the importance of compliance. Having a solid program to maintain and exceed compliance standards is key to avoiding unnecessary attention from regulatory authorities and employment rights lawyers. Discovering a logical and legal path to personnel background checks can be a frustrating and complex issue, […]

Accident avoidance programs can lower a fleet’s liability cost

Fleet managers may differ on many topics but one subject of agreement is the matter of accidents affecting the financial sustainability of a company. According to the National Highway Traffic Safety Administration (NHTSA), U.S. motor vehicle crashes in 2010 cost almost $1 trillion in loss of productivity and loss of life. That’s why many companies […]

How Boutique Fuels translate into higher costs

In the 1990’s there were only four different kinds of motor fuels required in the U. S. Today, there are close to 30. In last two decades, various federal, state and local fuel requirements have required retailers to sell new formulations of gasoline that address different air quality concerns across the country. These formulations are […]

Women are Becoming the Largest Demographic Among New Truckers

Of the many professions in America today, trucking stands out as one where gender roles are often defined. Men have been thought to have the inherited traits of independence, strength, and resourcefulness needed in a job that demands long hours, upsetting traffic and road conditions, and days away from home. Truckers today still must possess […]

How Lower Fuel Prices equal Higher Profits for Fuel Stations

According to the US Department of Energy diesel prices have dropped again, for the 27th straight week to an average of $2.66 a gallon. Compared to a year ago, when the price per gallon was $1.18 more, it seems we have hit a prolonged reprieve from fuel cost woes. It wasn’t long ago that we […]

5 Things Successful Fleet Managers Do

Fleet managers are always scrutinized for ways to cut costs. If for no other reason, fuel cost is under the microscope of COO’s and CFO’s as a primary savings solution. Add in vehicle wear and tear, replacement, and servicing and you can have a money pit if it’s not managed carefully. Here are five things […]

Multiple Combinations Available to Companies with Different Vehicle Platforms

Multiple Combinations Available to Companies with Different Vehicle Platforms Regardless of your company size, you may have experienced a situation where the shuffling of units available for servicing your customers didn’t meet the needs of your employees and the tasks they needed to perform. Few business models today still adhere to assigning a particular vehicle […]

5 Ways to Lower your Fleet’s Operating Cost

5 Ways to Lower your Fleet’s Operating Cost Fleet managers have always sought out ways to cut their operating costs. It’s what they’re paid to do. So what if you’re a small company and want to employ methods a fleet manager uses to save dollars from your bottom line. Here’s a few tips that fleet […]

Old credit card scam is a new trend

One of the most frustrating problems is becoming a victim of a credit card fraud and not even realizing it could be happening. Fortunately, US law limits the cardholder’s liability in these cases, especially when the consumer immediately reports the problem once known to them. However, one particular scam attempts to avoid the consumer realizing […]

Are you choosing the right diesel fuel for your fleet?

Have you become confused over the different types of diesel on the market today? No doubt the fuel formulas have undergone the greatest transformation in the last decade. Ranging from biodiesel, to low sulfur, the ULSD, to dyed and undyed. There may seem to be many choices and becoming informed may safe you the expense […]

Cost plus or retail minus – Which is better for your fleet

How do you save at the pump? This answer seems to address what many fleet managers differ upon. Basically, it comes down to two strategies in pricing; cost plus or retail minus. Cost plus refers to the retailer’s cost to the point of dispensing fuel at the pump. Obviously, the cost involves manufacturing, transport, and […]

Why are there so many credit card security breaches?

Anyone with a credit or debit card in the US has likely been affected by security breaches. One of the largest, Target’s security breach in 2014, experienced losses that reportedly affected more than 70 million consumers. Since then other retail and fast food outlets like Home Depot, Wal-Mart, Dairy Queen, and Chick-fil-A have experienced similar […]

Winter fuels lead to less MPG for your fleet

Diesel fuel refiners begin altering their formulas each fall to meet the operability needs of diesel engines during cold weather conditions. This change is in response to diesel fuel’s tendency to gel in the winter, caused by the paraffin wax content that is inherent of crude oil. Essentially, refiners work with a variety of formulas, […]

Gasoline or Diesel: Which to consider in your fleet

Many times you can look at what the large companies are doing and follow in their footsteps. However, when it comes to choosing between gasoline and diesel engines to move your fleet, playing follow the leader could cost your small company more money. That’s because each fleet manager has to incorporate the variables of cost […]

How is credit card data stolen?

According to a 2009 study, American consumers lose more that 4.9 billion dollars annually to credit card fraud. These loses, while staggering, don’t compare to the 190 billion that merchants and banks lose to credit card fraud. However, those costs are eventually passed to consumers therefore, the consumer bears this expense as well.   Among […]

Do you know what is in your diesel fuel?

Have you become confused over the different types of diesel on the market today? No doubt the fuel formulas have undergone the greatest transformation in the last decade. Ranging from biodiesel, to low sulfur, the ULSD, to dyed and un-dyed. There may seem to be many choices and becoming informed may safe you the expense […]

The future of payment systems

A key feature of a fleet fuel card is the ability to set restrictions on purchases made by the cardholder. Established by the administrator at the time the card is activated, these restrictions can limit or stop purchases by the gallon, fuel type, day, time, amount, and even where it is purchased. This allows the […]

Are you making the most out of your fuel tax recovery program?

As small business owners it only makes sense to take advantage of every opportunity to reduce your tax footprint. There are many exceptions and one of the most misunderstood is Fuel Tax Recovery. The current federal tax on fuel is 24.4 cents per gallon for undyed diesel and 18.4 cents per gallon for gasoline. The […]

What causes gasoline and diesel prices to rise at the pump?

In President Obama’s 4th quarter SOTU address he mentioned America was “number one in oil and gas” and that “thanks to lower gas prices and higher fuel standards, the typical family this year should save $750 at the pump.” Although his words resonate with many working families, no political party can hardly take credit for […]

How Your Business Can Save Money on Fuel Despite Rising Gasoline Prices

What in the world just happened? It seems like just last week I was filling up my tank at .10, to .20, and sometimes even .30 cents less than than the usual. But now, The Wall Street Journal is reporting that futures have climbed a solid 19% since June! Because of this, businesses and consumers […]

How to Deal with Rising Fuel Prices in 2012

Rising fuel prices are putting the pinch on businesses everywhere. Many businesses and fuel procurement offices assumed that if they could weather a few tough years, fuel costs would eventually stabilize. That assumption is providing to be incorrect. For better or worse, high oil prices are here to stay. For fleet managers and independent owner-operators […]

5 ways a fleet card saves your business money!

Hello Everyone! We have taken a little time off from blogging on our site so that we could go through a full revamp of our website and try to gain some steam to release our new video blogs!  We will be trying to do these once a week to every two weeks in hopes to […]

Don’t think you have a ‘fleet’? You may be surprised!

What is a fleet? The word fleet can be a tricky one as many companies that have a few cars and trucks are unsure if they really have a “fleet”. As a fleet card company, we deal mainly with businesses who spend more than $1,000 a month on their fuel bill and at today’s prices […]

Making the most out of real social networking

Working long hours and at full potential is simply part of the plan when you’re trying to build your business. Even though I am good at working independently by nature it sometimes leaves you operating in isolation. If you have read my New Year’s resolution blog, than you know I am an antisocial networker. I am […]

How social media became my New Year’s Resolution

Have you set your goals? I have good intentions of following through on my personal New Year’s Resolution but there always seems to be a reason why I don’t meet and exceed my goal. With business I always follow through and have made my goals count.  I was in a recent meeting and like many […]

Is the holiday driving season really over?

The holidays are over for 2010 and so is the driving season. Or is it? We don’t typically think of New Years Eve being a big travel day, but I noticed on my way to work that a lot of people have it off! My initial thought was ‘lucky people!’.  It soon changed, however, to […]

How will this new safety act affect your fleet?

In searching for a new vehicle myself, I wanted to find out if any new standards where going to be set in place by the Safety Administration.  I recently came across an article in  Light & Medium Truck .  There is a new rule proposed by Congress. It’s called the ” Cameron Gulbransen Kids Transportation […]

Operating a fleet won’t be getting any cheaper

At the end of the day, it all comes down to the point of view you want to take on an issue. Today’s issue is that of fleet management and the costs associated with it. One view for this would be that fleet costs have gone up increasingly over years, and the demand for transporting […]

Misconceptions about fleet fuel cards: They are difficult to reassign

When you are the one in control of a whole fleet of vehicles, sometimes you might run into driver ‘issues’.  I have heard horror stories of a company in Arizona that had a driver in New York who decide that he was going to quit right then and there. When I say ‘right then and […]

Misconceptions about fuel cards – Payment terms are not always the same

After writing the first in the series of ‘Misconceptions of the fuel card‘ my head started to spin as the list of things to write about grew. Today’s topic is a very important one that companies seem to just assume they know when applying for a fuel card. You should always be aware of when […]

Misconceptions about fuel cards: Fuel Cards and Credit Cards are the same

Welcome to the first in a series of blogs that will hopefully help get rid of the misconceptions about fuel cards and clear things up and help your company make better decisions when it comes to fuel purchases. Having been on the phone with many companies, I will occasionally run into some that are under […]

Hybrid Vehicles: Are the vehicle manufactures missing the boat?

It was only a matter of a few years ago that I was modifying my two door sports car to make the most power out of it and enjoying the adrenaline rush that came every time I hit the gas pedal.  Although I still have that car, things have changed now.  We were recently looking […]

Fuel Economy means more now than ever!

Earlier today I was flipping through a magazine and it seemed that every article had to do with fuel economy.  It sure is a much bigger thing now then when the fuel price was at $1 a gallon.  Even in our own home we are making choices to buy smaller more fuel efficient vehicles. Personally, […]

So you just might need a fuel card?

There you are, sitting at your desk saying, “How am I going to track my fuel purchases? Should I have my drivers pay cash and bring the receipts back? Should I hand them my personal/business credit card and reconcile at the end of each day? Should I use a fuel card?” When making this decision, […]

What is Earth Day?

To many it’s the one day that they look to go ‘green’ so that they can claim they did their good deed for the year. This isn’t a bad thing because every little bit counts when it comes to saving the environment. Over here at 360Fuelcard.com we try to do our part 24 – 7 […]

Stop fuel theft before it happens with 360Fuelcard

This is a few years old, however I just came across it.  Personally, I think it was a great punishment for the crime. When running a fleet, the last thing you want to find out is that your employees are stealing fuel or convenience items when they go to fuel up their company car. This […]

Winter Diesel Fuel, that is the question. What are the answers?

I recently sampled nine refineries to test their fuel’s performance this winter. The base fuel performance for CFPP and cloud point were all over. The worst performer was +10F and the best was -9F. Reactivity with cold-flow improvers were inconsistent as well. One type of polymer worked with one fuel but not with another. Treat […]

Racing to the green flag

When it comes to passions, cars are top on my list. Racing is the pure extension of that passion, and for a car enthusiast, is one of the best experiences you can have. When you think of nationally recognized racing, NASCAR is probably the first name that would come to mind. Forty plus cars going around a track at speeds of up to 200 mph for the pure thrill of thousands of fans on the edge of their seat, waiting for that ultimate finish. Ok, the real thrill is

360Fuelcard is here to help!

The last couple days I’ve been thinking a lot about what I was going to write for the next blog. I was recently in Phoenix and Chicago to meet with a bunch of masterminds in the fuel industry, and boy did I learn a lot. I learned about the increased need in E85 and attended […]

Going Green Made Easy

We all know that “going green” is probably for the best, but what do we do about it? We try to do our part by recycling the paper we don’t need, bringing bottles back for redemption, and making sure the trash ends up in the trash can, not on the street. But what if we […]

When prices go up, call 360Fuelcard!

The Future of Fuel? Giant Miscanthus, also known as elephant grass because of its 13 foot height, may be an important source of energy in the future. The dry stems, which drop their leaves in the winter make an excellent solid fuel. Their energy ratio of input to output is less than 0.2 compared to […]

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