Trucking companies need to save money and they need it now. Fuel expense is the biggest expense every trucking company has and 30% of all money goes on fuel. They want it now.
There is two different approach in this are as well:
- Fuel card solutions offered by big players in this space targeting trucking companies. This way if you decide to take the fuel card from a certain providers such as Love’s, TA or EFS. You can get discounts on fuel. Depending on the fleet size and monthly purchases your discounts will vary. The more you spend the bigger the discount. Not bad but there are some restrictions that limit the potential savings.
- Smart Fuel Management Systems invented by companies like Fueloyal that are optimizing fuel purchases on every route. The system simply knows what is your location. As well as where are you going and provides the info where on which location and how much fuel you should buy. This way you can save $300 truck/month. The best part is that there is no need to do anything. The predictive system does everything on its own and informs driver what to do by sending SMS instructions on his phone.
Truck Driving Jobs
On this year MATS, there was at least half of the hall reserve just for trucking companies oriented to recruit truck drivers. Not just trucking companies but also truck driver recruiting agencies visited MATS.