The Trucking Industry continues to feel the pinch of rising fuel costs. Prophesy has a proven solution that has made a real difference for thousands of users. Here we will explore some common misconceptions about purchasing fuel over the road, and tell you more about our practical solution.

 

 

1. Fuel costs, adjusting for fuel taxes, are pretty much the same throughout a geographical area.

 

FALSE

 

Truck stop prices vary greatly by geographical region and within a geographical area. It is not uncommon to find a difference of $.20 per gallon or more between truck stops within 100 miles of each other.

 

2. If I'm able to find a lower pump price, I'm already making the best choice.

 

FALSE

 

To maximize your fuel dollars, you must also consider the refundable taxes that are applied to the base fuel cost. For example, consider these two fueling options:

 

     1) Buy Fuel in Indiana at $4.19 9/10

     2) Buy Fuel in Illinois at $4.34 9/10

 

Indiana is the obvious choice, right? Not in this case! Let's look at the details:

 

IndianaIllinois
Pump Price$4.19 9/10$4.34 9/10
State Fuel Tax$  .16$  .37 5/10
Net Cost$4.03 9/10$3.97 4/10

 

Fuel taxes are determined by the miles you drive in each state, not by where you purchase the fuel. In the above example, one fill-up would result in a savings of $15-$30, and over time you can expect to save thousands simply by making the smartest possible choice and purchasing fuel at the lowest net cost.

 

Sound complicated? Not with Prophesy FuelLogic! Our software handles all calculations for you. With fuel prices updated four (4) times per day via the T-Chek national fuel network, you will always have the most up-to-date information for your drivers.

 

 

3. Effective fuel management is time-consuming and expensive, offsetting any savings.

 

FALSE

 

With Prophesy FuelLogic the cost is minimal and real-time fueling solutions can be generated by your dispatchers and sent directly to your drivers' cell phones. Best of all, FuelLogic generally pays for itself in less than a month for a fleet size of 25 trucks or more, which means those savings are then added to your bottom line.

 

4. The potential savings from improved fuel purchasing are not significant.

 

FALSE

 

Truck stop prices vary $.30 or more per gallon throughout the U.S. alone. A fuel purchase optimization program such as FuelLogic can easily save a fleet up to $.08 per gallon, which averages $1,000 per truck, per year.

 

5. Telling my drivers where to stop for fuel will result in additional stops, offsetting savings in fuel purchasing costs.

 

FALSE

 

FuelLogic can actually decrease your number of stops while decreasing your overall cost of fuel. FuelLogic's "Stop Fee" and "Minimum Purchase" parameters allow the user to eliminate excessive and/or unnecessary stops.

 

6. There's finally fuel purchase optimization software available for any company that buys fuel over-the -road.

 

TRUE!

 

FuelLogic® by Prophesy. Time-tested, Trucking Industry-Preferred. Email moreinfo@mile.com or call 800.776.6706 for more info today!

 

 

Copyright 2008 Prophesy Transportation Solutions, Inc.

 

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