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

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: 26778
Continue reading 0 Comments

Most Recent Posts


Tag Cloud

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

Blog Archives