Fuel Management

Fuel Price Competition Provides Savings Opportunity, Says Chevin

January 21, 2015 - Press Release

Increased competition in oil and fuel prices is providing fleets with a real opportunity to make new operational savings, according to fleet software provider Chevin Fleet Solutions.

As oil prices are set to remain low in the medium term, a proactive managerial approach could deliver substantial savings against planned fleet budgets.

"When fleets were writing their developing their current budgets, it's fair to assume that the vast majority did not foresee gas prices falling in the dramatic fashion we have recently experienced," said Ron Katz, senior vice president of North American sales.

"Fleet managers will rightly view these savings as a bonus but they should not sit back," Katz added. "Instead, they should ensure they're benefitting from the price competition that we are seeing. With a little online research to find the best prices available and by using their fuel cards and fleet software, they will be able to do even better."

Katz suggested targeting lower-cost gasoline retailers.

"Simply guiding drivers towards the lowest cost local outlets can easily generate significant further savings in addition to the general price decreases across the market," Katz said. "Your fuel card data and the analysis tools available in your fleet software will let you see which drivers are complying and further allow you demonstrate to management the kind of incremental savings that are being achieved. It is a worthwhile win for relatively little effort."

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

Here's an EV question or two: How are you paying for the charging station? I have some interested parties in my city, but not an...

View Topic

Has anyone played with the idea of leasing vehicles' vs. purchasing. And are there any benefits to it. I know Enterprise offers a...

View Topic

Fleet Documents

1025 Fleet Documents (and counting) to Download!

Sponsored by

The vehicle is shipped from a fleet to an upfitter to add equipment. The completed vehicle is then transported back to the customer's location.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.
 

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices