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

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

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

Blog Archives