High Diesel Prices Put Fleet Efficiency Under the Microscope

Diesel fuel prices have been climbing, leaving little room for fleet managers to do anything about it. The only thing they can control is how efficiently their vehicles use the gasoline they consume. Recognizing the true cost of each mile traveled is the first step towards cost control, according to Joshua Lovan, an Industry Business Advisor at J.J. Keller & Associates, Inc.

Lovan emphasizes the importance of tracking fuel economy by vehicle. Any unexpected decline in miles per gallon could be a sign of maintenance issues, inefficient driving, or even fuel theft. This is why he advises fleets to regularly review fuel card controls and transactions for any irregularities.

Safety and fuel efficiency are not mutually exclusive goals. Behaviors such as speeding, hard acceleration, hard braking, and unnecessary idling can negatively impact both. By focusing on these aspects through driver training and coaching, fleets can leverage telematics, dash cameras, and driver scorecards to identify specific areas that require attention.

The financial implications of fuel price increases extend beyond just fuel costs. Preventable crashes can lead to additional expenses including repairs, downtime, towing, and insurance exposure. Additionally, monitoring roadside inspection and Compliance, Safety, and Accountability (CSA) data can help identify recurring driver behaviors that may necessitate further training.

Proactive maintenance is crucial when fuel prices are on the rise. Tire pressure, condition, and alignment play a significant role in fuel efficiency, as well as safety. Any lapse in preventive maintenance can lead to unnecessary expenses and potential safety hazards.

Compliance with regulations is often overlooked as a cost control measure. However, its failures can lead to trucks and drivers being taken out of service, resulting in operational disruptions and administrative inefficiencies. Accurate records of driver qualifications, hours of service, maintenance, and vehicle inspection are vital to maintaining a predictable and profitable operation.