Author: Eliot Vancil
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The Hidden Dangers of Poor Fuel Efficiency on Your Budget
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FUEL LOGIC
Did you know that only 12% to 30% of the fuel energy in a conventional vehicle actually powers it? The rest is lost through drivetrain inefficiencies and powering accessories. You can reduce these losses by improving engine technologies, optimizing transmissions, using lighter materials, and driving carefully. Everyone, from fleet managers to everyday drivers, faces the…
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Why Do Big Trucks Use Diesel Instead of Gasoline?
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FUEL LOGIC
According to DTF’s analysis, as of December 2022, there are over 15 million commercial trucks worldwide. Of these, about 75.6% are powered by diesel fuel. The study clearly states that approximately two-thirds of all trucks on the road rely on diesel power. It shows that diesel engines have dominated the commercial fleet industry. Big trucks…
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7 Ways to Slash Fleet Fuel Costs with Telematics
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FUEL LOGIC
Fuel is the most significant operating expense that burdens fleet owners. Fleet businesses often base their analysis and planning around fuel prices, as fuel costs directly impact profit margins. When fuel expenses rise, your profits shrink, and when fuel costs are controlled, profit margins improve. It makes fuel management a critical aspect of fleet profitability.…
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What is Route Planning in Fleet Management?
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FUEL LOGIC
Proper route optimization can help you save about 20% of your fleet running costs. A vehicle faces many disturbances when it’s on the road. These problems include traffic jams, road closures, adverse weather conditions, and construction zones along the route. A fleet of vehicles encountering such hurdles on the road burns more fuel due to…
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How Gasoline Price Forecasting Can Benefit Your Business
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FUEL LOGIC
The price of regular gasoline was about $3.484 per gallon in July, then it reduced to $3.137 in October. You see how fuel prices changed within just 3 months. This small price change can greatly impact a business’s budget, especially when they fuel in bulk. Fuel is the main operating expense in the logistics, transportation,…
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Fuel Taxes by State – Updated Rates Across the U.S.
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FUEL LOGIC
Source: Fuel taxes place a heavy financial strain on drivers and businesses across the U.S. When we average total state taxes across the U.S., they pay approximately 32.61 cents per gallon on gasoline and 34.76 cents per gallon on diesel. The increase in fuel taxes by the state and the federal government badly affects consumers,…
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What is the Main Difference Between Petrol and Diesel?
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FUEL LOGIC
Where diesel thrives in the aspect of fuel efficiency and torque, petrol engines are known for their performance and speed. Both fuels are derived from crude oil through the process of fractional distillation, but vary in their characteristics due to their refining processes. Your choice between petrol and diesel will also be influenced by the…
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How Do You Calculate the Fuel Consumption of Construction Equipment?
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FUEL LOGIC
Fuel costs can consist of 30 to 50 percent or more of equipment operating costs and are often the largest and least controlled expense. Sometimes, the cost can be one-third of total equipment expenses. That’s why as a project manager who works with construction equipment, measuring fuel consumption accurately is crucial for better budgeting. By…
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How Fuel is Made
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FUEL LOGIC
Did you know that over 80% of the world’s energy comes from fuels? Whether it’s powering vehicles, heating homes, or generating electricity, fuel production plays a crucial role in modern society. But have you ever wondered how is fuel made? There are various types of fuel, each produced through distinct processes. Fossil fuels, like coal,…
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The Impact of Fuel Management in the Construction Industry
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FUEL LOGIC
Did you know the construction industry is the third largest consumer of fuel in the U.S., making up about 7% of total energy consumption? In 2022, the industrial sector used 35% of the nation’s energy. Most of this energy comes from petroleum which shows how important fuel is for construction companies. So, effective fuel management…