Unlocking fuel savings with fleet tracking systems
Fleet management · Aug 21, 2024
Fuel costs are a big part of the cost of running businesses with many vehicles. Using effective strategies to use less fuel can help save you money and make your business more profitable. Fleet tracking systems, combined with advanced data analysis and telematics, offer a strong solution for meeting these goals. With real-time insights into driver behaviour, route planning and vehicle performance, businesses can optimize their fleet operations, minimize fuel wastage and enhance overall efficiency.
Improving fuel efficiency with real-time feedback
Fleet tracking systems use two main ways to save fuel: by planning routes better and encouraging green driving, with real-time feedback. These are two important ways that fleet tracking systems work to improve fuel efficiency. By looking at past trips, businesses can find the best ways to travel. These ways can reduce travel time, avoid traffic problems and use less fuel. This data-driven way to plan routes not only saves money on fuel but also improves customer service by making sure deliveries are made on time and reducing the environmental impact of fleet operations.
In addition to route optimization, fleet tracking systems can also promote eco-driving practices among drivers. By providing real-time feedback on driving behaviour, such as harsh acceleration, idle time and speeding, drivers are encouraged to adopt more fuel-efficient habits. This feedback loop lets drivers make quick changes to their driving style, helping them save more fuel and improve the overall efficiency of the fleet.
To further reinforce eco-driving practices, fleet tracking systems can be integrated with driver training programs. By identifying drivers who consistently demonstrate good driving habits, businesses can reward and recognize their efforts. This positive reinforcement not only encourages drivers to keep driving in a way that is good for the environment, but also sets a standard for others to work towards. These strategies not only save money on fuel and make fleets more efficient, but they also help the transportation sector be more sustainable and environmentally friendly.
Understanding the financial impact of fleet tracking systems on fuel wastage
By improving fuel efficiency, businesses can experience significant cost savings and increased profitability. Fleet tracking systems play a pivotal role in reducing fuel costs. This data-driven approach lets businesses make smart choices about how to plan their routes, and use and spend less on fuel.
Natural Resources Canada (NRCan)
suggests turning off your car when you stop for 60 seconds or more, unless you’re in traffic. This will save fuel and make your car last longer. An idling engine wastes about 3 litres (0.8 gallons) of fuel per hour. Depending on how much fuel your business uses, you could save up to 2,600 litres of gas, equating to $4,160 per vehicle per year.*As many municipalities begin implementing stricter
bylaws
to aid in the reduction of carbon emissions and rising inflation, it’s becoming more important for business owners to find fuel efficiencies and cost savings wherever possible. Here are three easy ways to find fuel savings for your business:- Limit speeding and maintain your speed: Studies show that changing your speed between 75 and 85 km per hour every 18 seconds can make you use 20% more fuel.
- Reduce idling: It may seem insignificant, but idling for just 10 minutes a day adds up to 50 minutes per week and 200 minutes per month.
- Plan the best routes: By planning out the best ways your drivers can reach their destination, you can save money on gas.
Whether you’re a small business looking to add vehicle diagnostics, live video streaming and in-vehicle Wi-Fi to stay connected while on-the-go — or you’re a large commercial fleet in need of real-time monitoring, advanced reporting and ELD capabilities – TELUS Business has a solution that’s ideal for your needs.
Connect with a TELUS specialist
to learn more about how TELUS Business Fleet Management solutions
can help you optimize fleet performance – You may qualify for special offers.*Based on idle time of 10 minutes per day in a 5-day work week, and the current price of fuel in Calgary, AB at $1.60/litre as of August 1, 2024.
