Have you ever stood at the pump and wondered why people pay more for diesel fuel and what its advantages might be? Whether your business is trying to decide between gasoline or diesel for your fleet, or you’re just genuinely curious about the difference between the two fuels, in this article, we break it down.   What is the difference between gasoline and diesel?  Both fuels are what can be found at your typical gas…

In 2022 we’ve already experienced record-breaking gas prices and concerns about the growing cost of fuel. As the rest of the world pushes for the adoption of electric vehicles, North America seems to be behind the curve. In this article, we look at why this might be, and how the future of electric transportation might affect that.   Electric vehicles around the world.   Around the world, electric vehicles (EVs) are growing in popularity. In December of 2021,…

It doesn’t come as a surprise to anyone that when prices are climbing, gasoline is included. Experts are divided as to whether gasoline prices are going to keep increasing, or finally drop. In this article, we look at the state of gas prices, and what your business can do to help reduce your fuel spend.   Gas prices are at a record high.   As of February, gas prices are the highest they’ve been since September of 2014,…

Gas prices are currently at a six-year high. It might be easy to feel frustrated with gas stations when you see the prices steadily creeping upwards. Especially if you’re managing a fleet of work vehicles on top of your own personal transportation. You may be surprised to learn that despite rising prices, gas station owners rarely turn a profit on gas alone.   We consume a lot of gas.   In the past two decades, gas consumption…

  In cities across North America, fleets comprised of electric vehicles make a lot of sense. Reducing fuel costs and emissions is a big goal of the trucking industry. However, there’s no one-size-fits-all solution for adopting electric vehicles (EV) into your fleet. It depends on your business’ unique needs and capabilities. The Pembina Institute recently released a publication outlining key tips to deploy battery-electric urban delivery vehicles. In this Schooley Mitchell blog, we take a…

In a nutshell, a fleet card (or fuel card) is a type of payment card that allows for easy management of expenses associated with company-owned vehicles. Unlike a corporate credit card–which can be used for a broad set of authorized purchases – fleet cards are designed to be used specifically for expenses related to managing vehicles. Businesses such as trucking companies, ridesharing services or delivery providers will often issue individual fleet cards to employees who…

Anyone whose livelihood depends on them being on the road for extended periods knows the costs associated with being away from home can add up quickly. Food, lodging, and especially fuel are significant expenses. Indeed, fuel is the top variable expense for any fleet — often equating to  more than 75 percent of a fleet’s variable expenses. A fleet of 500 vehicles, each driving 24,000 miles per year, accumulates 12 million total miles annually. With…