Improve Fleet Fuel Efficiency
Fuel is usually one of the highest overheads and therefore needs to be actively managed. Fuel prices have fluctuated in recent years, and while prices are expected to drop in 2024, there are still reasons to be cautious when budgeting. The increase in fuel prices and the rising cost of operations means more budget scrutiny and cost cutting. Fleet managers are no exception and need to look for for new ways to decrease the operating expenses whenever possible.
That’s where Western Global can help. Did you know onsite fuel tanks are a cost-saving solution that can improve fuel efficiency and increase productivity? In this guide, we explore how budgeting can help reduce fleet fuel costs.
The challenges of increasing fleet efficiency
Fleet managers have tackled numerous issues over the last few years, including price hikes and increase in sustainability demand. Here are some of the upcoming challenges you can expect:
- Fuel costs – looking to 2024 and beyond, fuel costs are predicted to drop but environmental and geopolitical factors are potential risks. These factors should propel businesses to plan ahead and establish processes to account for uncertainty in the economy.
- Extreme weather patterns – extreme weather is set to be the top disruptor for supply chains in the US, disrupting travel and upping costs.
- Sustainability – businesses are under scrutiny for their environmental impact and need to reduce emissions where possible. California’s Advanced Clean Fleets Regulation comes into effect in 2024, as an example. This is piling on the pressure for managers to do what they can for the environment, even if they haven’t transitioned to zero-emission vehicles.
- Increase in AI (artificial intelligence) – the advancements in AI are transforming business processes across almost all industries – including fleet management. With new tech advancements, fleets will need to adopt new ways of working to avoid falling behind, especially with the environmental challenges on the horizon.
These factors are predicted to disrupt day-to-day fleet management. It’s essential to start revisiting processes to increase efficiency and save money where possible.
How to reduce fleet fuel costs with onsite fuel tanks
Fuel can be a headache when it comes to fleet management, but with enough planning, it can be a less-exhaustive expense. Fuel tanks are a key way to improve fleet efficiency, reducing fuel costs and labor, while mitigating environmental risks. Here’s why fuel tanks should be part of a fleet manager’s budget.
1. Increase productivity and reduce labor costs
Refueling is a time-consuming and costly experience, especially if you have a large fleet to manage. Fuel tanks eliminate the need for regular trips back to base, meaning less time refueling and more time spent on valuable tasks. Additionally, you won’t need to rely on external suppliers as a fuel source, putting you in full control to manage costs.
Fuel tanks like our FuelCube Type-S are designed for complete convenience. It’s compact enough for traveling between sites and is delivered as soon as possible. Our fuel tanks are 110% fully contained to reduce the risk of leaks and spills, removing the need for spill or drip pans and minimizing environmental impact.
2. Save on fuel prices with onsite fuel tanks
Constant refueling can add up quickly. Buying fuel at the right time is key to keeping costs low. When you’re entirely dependent on deliveries, you may find yourself scrambling to purchase what you can when you’re running low on fuel – even if it’s not the most affordable price. An onsite fuel storage system allows you to buy fuel in bulk, which gets you better prices and will enable you to use the fuel when and wherever you need it.
Fuel tanks give you the freedom to purchase bulk fuel as and when needed, capitalizing on lower costs. Western Global’s TransCube, for example, is a stackable cube-shaped double-walled tank, making it easier to store fuel onsite. This way, you can extend runtimes as you’ll always have enough fuel on hand, all without taking up much space. We offer accessories and management systems to help you keep track of usage, so you can buy ahead and always be prepared.
3. Protect the environment, avoid harmful spills and prevent nasty bills
Fuel spillages are harmful to the environment and incur expensive fines. Fleet managers should do everything they can to eliminate environmental risks, whether your fuel is onsite or on the move.
Customers rely on our fuel tanks to minimize the environmental impact and avoid fuel leaks. That’s why our tanks are double-walled, with a built-in weatherproof secondary containment and equipment cabinet. Our durable design ensures fuel is kept safe and secure, even in extreme conditions. To see how strong our fuel tanks are, check out our extreme fuel tank tests.
Read more about reducing fuel spillages in our guide.
Ready to enhance your fleet fuel management and reduce costs?
It’s always a great time to plan your budget, ensuring your fuel costs will be less expensive in the long run. If your business relies heavily on fuel, an onsite fuel tank will be an investment that will reduce fleet costs and save you a lot of money in the future.
Western Global offers a variety of fuel tanks for onsite refueling, each with different features so you can find a product that fits your needs. We’re known for our TransCube Global, a portable tank that can be dropped straight onto site safely and securely. The FuelCube Type-S is ideal for fleets too – especially if you don’t have to worry about a hazmat endorsement. This transfer tank sits in a truck bed and can be delivered to sites ready to refuel.
Do you need help expanding your fleet? Whatever your bulk fueling needs are, we’re ready to help. Speak to our team to find out more.