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: 26798
Continue reading 0 Comments

Most Recent Posts


Tag Cloud

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

Blog Archives