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Case Study
Let’s do some numbers.....
Consider an 80-truck fleet that runs 840k miles per month and buys 120,000 gallons
Fuel theft and fraud accounts for at least 2-3%
Monitor Fuel Purchased vs Fuel Consumed to identify fraudulent activities and uncover fuel theft, ensuring that fuel purchased is indeed fuel consumed
Potential savings: Even a 1% reduction in fuel theft would translate to $47,520 per year
Driver efficiency accounts for at least 0.50 mpg in equal units
Help drivers better understand leading indicators to improve fuel efficiency and provide the data to keep them accountable
Potential savings: Improved efficiency by even 0.25 mpg results in $163,574 per year
Discounted fuel prices vary up $0.15 - $0.25 per gallon in any state or route
Fleets can optimize their entire fuel network restricting expensive locations on common routes – resulting in lower net fuel prices while giving drivers option of where to stop
Potential savings: A $0.10 improvement in net fuel price would result in $144,000 per year
Total potential fuel savings for 80-truck fleet: $355,094 per year (or $29,591 per month)