Follow us on Twitter!
Blog Header Logo
DG&A's Transportation Consulting Blog
Subscribe to this list via RSS Blog posts tagged in Transcom Fleet Leasing

As the cost of diesel fuel hovers around $4.00 a gallon in the United States and $1.30 a liter in Canada, trucking companies (and politicians) are again focusing on strategies to control energy costs that have risen forty percent since 2010.  President Barack Obama firmly defended his record on oil drilling last week and ordered the government to fast-track an Oklahoma pipeline while accusing Congress of playing politics with a larger Canada-to-Gulf Coast project.  Alberta, home to the world’s third largest pool of oil reserves, is working to increase capacity to transport crude amid opposition from environmental groups as companies such as Exxon Mobil Corp. and Suncor invest about C$20 billion annually in the oil sands. 

In addition to increasing supply, trucking companies are instituting measures to ensure these energy supplies are utilized as efficiently as possible.  Three such strategies were highlighted in a recent paper prepared by Derek Singleton, ERP Analyst at Software Advice.  Here are some excerpts from Derek’s paper and from other industry sources.

Careful planning and the use of predictive technologies–such as distribution business software–can minimize the impact fuel costs have on the bottom line. Companies that manage a fleet can cope with rising fuel costs using three general strategies:

  1. 1.Streamline fuel procurement;
  2. 2.Improve operations and fleet management; and,
  3. 3.Better plan delivery routes and shipment loads.
Streamline Fuel Procurement

Managing fuel costs isn’t just about taking steps to control the costs. According to David Zahn, VP of Marketing at FuelQuest, significant savings can be realized simply by building predictability into fuel procurement budgets. Gas prices typically swing five cents per gallon, up or down, on any given day. When purchasing thousands of gallons of gas, buying at the wrong time can be devastating to a company’s bottom line.

Technology solutions like FuelQuest give companies that store gas a way to forecast demand, monitor on-hand fuel, and procure at the best market price. Automating the fuel procurement process, says Zahn, typically saves companies four to six cents per gallon.

Hits: 26776
Continue reading 0 Comments

Most Recent Posts


Tag Cloud

ProMiles FMS TMS Celadon freight payment freight audit LTL Derek Singleton shipper-carrier contracts freight broker CSA New York Times Conway 2012 Transportation Business Strategies. Jugaad NS mentoring dimensional pricing driverless Transloading Packaging drones marketing Education David Tuttle Rail Yield Improvement RFP network optimization 2014 freight forecast US Auto Sales Railway Association of Canada Success LinkedIn Whole Foods Amazon Outsourcing Sales Driver Shortage US Manufacturing Freight Rates Trump Ferromex Canada-U.S. trade agreement YRC 2015 Economic Forecast Transcom Fleet Leasing home delivery NCC Transportation pipelines small business driver shortages Sales Regina Management bulk shipping APL JB Hunt shipper-carrier roundtable online shopping 3PL consumer centric CRM Dedicated Trucking Failure Donald Trump home delibery Business skills carrier conference Politics capacity shortage Wal-Mart future of freight industry CITA Shipper Pulse Survey NMFC Search engine optimization Accessorial Charges UP last mile delivery Colilers International employee termination University of Tennessee 2014 economic forecast 360ideaspace Career Advice Global experience freight transportation in 2011 Entrepreneur Deferred Packaging trade transportation news driver Schneider Logistics Werner freight agreements transportation newspaper IANA Scott Monty autonomous vehicles Social Media BlueGrace Logistics Canada's global strategy Hudsons Bay Company US Election Business Transformation Strategy broker bonds Freight Shuttle System CN freight RFP TransForce Surety bond freight bid Distribution US Housing Market Business Strategy derailments automation Grocery FMCSA 2013 Economic Forecast Success failure entrepreneur Dan Goodwill Freight Doug Nix Horizontal Supply Chain Collaboration coaching Leadership LCV's Freight contracts rail safety Cleveland Cavaliers robotics Doug Davis Harper Davos speech Canadian economy Swift shipping Right Shoring Stephen Harper Trade Vision buying trucking companies Emergent Strategy truck driver Loblaw Freight Management KCS 2014 freight volumes Map-21 Life Lessons Twitter Toronto shipping wine energy efficiency freight costs broker security 3PLTL Comey the future of transportation Dedicated Contract Carriage shipper-carrier collaboration Retail transportation Load Boards freight forwarders Transport Capital Partners (TCP) Masters in Logistics Transportation Buying Trends Survey freight cost savings Trucking Microsoft Freight Matching Infrastructure US Economy economy business start-up Facebook hiring process Retail Reshoring trucking company acquisitions Keystone Pipeline Spanx Broker Training New Hires FCA peak season fuel surcharge Consulting President Obama freight transportation conference freight audit Shipper Canadian freight market freight rate increases Rotman School of Business CP Rail Blogging BNSF FuelQuest FCPC transportation audit economic forecasts for 2012 Transplace professional drivers Otto MPG tanker cars Freight Capacity EBOR Inbound Transportation NAFTA dynamic pricing Training Rate per Mile Freight Carriers Association of Canada Climate Change cheap oil Canada U.S. trade Load broker Transportation service Carriers Canadian Transportation & Logistics routing guide CN Rail Crude Oil by Rail Software Advice Crisis management solutions provider Omni Channel ShipMax freight transportation Sales Training Social Media in Transportation freight payment financial management Global Transportation Hub selling trucking companies Muhammad Ali Associates USA Truck Canada Warehousing Finance and Transportation e-commerce CSX Job satisfaction Freight Recession Bobby Harris $75000 bond Truckload Adrian Gonzalez TMP Worldwide Canadian truckers MBA capacity shortages intermodal Tracy Matura Sales Management Driving for Profit customer engagement truck drivers CSA scores Fire Phone

Blog Archives