With gas and diesel prices hovering near $4.00 per gallon nationally (and expected to go higher), fleet owners are bracing for an expensive summer. The damage can be mitigated, cautions Steve Eppinger, if fleet owners and operators implement focused strategies that target excessive fuel consumption. April 16, 2012
With gas and diesel prices hovering near $4.00 per gallon nationally (and expected to go higher), fleet owners are bracing for an expensive summer. The damage can be mitigated, cautions Steve Eppinger, if fleet owners and operators implement focused strategies that target excessive fuel consumption. Eppinger is the Founder and CEO of Ownersite.com, the cloud-based vehicle asset management platform optimized for small to medium-sized fleet owners.
“Fleet owners often hear how much fuel they can save by driving conservatively or using cruise control, and indeed these two tactics can reduce fuel consumption by up to 25%,” says Eppinger. “But there are many other steps owners can take that cumulatively have just as much value—and also extend the life of their vehicles, These include not only better maintaining their vehicles but also implementing tracking and reporting systems that keep them apprised of fuel efficiency breakdowns.”
In a 30-vehicle fleet with an average MPG of 27.3 (the corporate fuel economy standard in 2011) and an average mileage of 25,000 per vehicle per year, a one-dollar increase in gas prices equates to nearly $28,000 yearly in added fuel cost. Improving that number of 15% nets the fleet owner more than $4,000 in lost revenue, Eppinger points out.
“Some methods of improving mileage may appear negligible, given the amount of manual effort they require,” says Eppinger. “However, dismissing these “lesser” improvements can be a fleet owners’ biggest and most expensive mistake.”
Eppinger offers these advanced strategies for fleet owners alarmed by the spike in fuel prices:
Source for all statistics in this news release: Transportation Research Institute at The University of Michigan, September 2011
About Ownersite Technologies
Ownersite Technologies, whose customers have maintained 225 million miles of records using the solution to date, provides comprehensive web-based and mobile solutions to enhance the safety, reliability and value of its customers’ personal and commercial assets and vehicles. Our low cost asset management tools put the advantages usually reserved for large fleet owners into the hands of small business owners for a fraction of the cost. Ownersite.com is distributed directly to businesses and consumers online as well as through our channel of financial service and insurance providers, automotive service shops, and enthusiast networks. Founded in 2001 and headquartered in Roswell, GA, Ownersite Technologies is a privately held technology company formed by the original creators of http://www.F150online.com. For more information, visit http://www.ownersite.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/4/prweb9400837.htm