Article

The Bottom Line

September 2012, TruckingInfo.com - Feature

Vehicle Insurance Myths, Debunked

By Bill Caudill, commercial auto product manager at Progressive

Your customers rely on you to deliver, and by keeping your vehicles on the road, your business will be more profitable. Simply stated, time is money. Within the world of commercial auto insurance, we've found that there are some common misconceptions that could cost your business time and money

Tags: The Bottom Line, Progressive, Insurance

May 2012, TruckingInfo.com - Feature

10 Ways to Cut 
Business Costs

By Deborah Lockridge, Editor in Chief

Fuel. Equipment. Tires. Tolls. Costs keep rising, and rates aren't keeping up. Instead of chasing after more loads and more revenue, you may be better off taking a careful look at the cost side of the equation

Tags: The Bottom Line

May 2012, TruckingInfo.com - Feature

Little Things Mean a Lot: 10 Ways to Cut Costs and Boost the Bottom Line

Control inventory on office supplies. Otherwise, come back-to-school time, they have a habit of disappearing.

By Andy Ahern, Contributor

It's important to recognize that, for every dollar that your company spends, you will have to make $10-$20 in revenue to make up for it

Tags: The Bottom Line

May 2012, TruckingInfo.com - Feature

10 Ways to Control Workers' Compensation Costs

Workers' Compensation has fast become a leading cost factor in business insurance programs

Tags: The Bottom Line

May 2012, TruckingInfo.com - Feature

One Fleet Cuts Lighting Costs

You spend a lot of time, energy and money looking for ways to save on fuel costs, but what about the energy cost at your facilities

Tags: The Bottom Line

May 2012, TruckingInfo.com - Feature

Saving on Business Costs

In our May 2012 issue, HDT looked at ways to save on business costs. The following articles offer more information on that topic

Tags: The Bottom Line

May 2012, TruckingInfo.com - Feature

Logistics Consulting: Convert Inefficiencies to Bottom Line Savings

By David Beaudry, Contributor

With recent reports showing that the nation's transportation costs were up 10% over the previous year, it's no wonder U.S. businesses continue to look for every avenue of cost-savings possible

Tags: The Bottom Line

January 2012, TruckingInfo.com - Feature

CEI Group Says Truck Fleets Missing Opportunities to Cut Accident Costs

Fleets may be missing opportunities to reduce the cost of accidents by millions of dollars, according to Luann Dunkerley, The CEI Group's manager of business development for truck fleet services

Tags: The Bottom Line

October 2011, TruckingInfo.com - Feature

Getting the Most from Your Limited Budget Through Life-cycle Cost Analysis

By Robert Johnson, director of fleet relations, NTEA

Financial constraints often force fleet managers to make tough equipment decisions. Should I repair a vehicle or replace it

Tags: The Bottom Line

August 2011, TruckingInfo.com - Feature

Why Real-World Fuel Efficiency Numbers Don't Match up to Lab Tests

By Jim Park, Equipment Editor

Real-life fuel consumption reduction numbers never live up to the numbers some tire makers tout when promoting fuel efficiency. One reason is that tire makers conduct their testing and evaluation under ideal conditions on test tracks to control as many variables as possible

Tags: The Bottom Line

August 2011, TruckingInfo.com - Feature

Smart Fleets Verify Fuel-Saving Technologies

By Tom Berg, Senior Editor

Fuel is gold," says Jimmy Ray, fleet manager at Mesilla Valley Transportation in Las Cruces, N.M. He's out to save a lot of it with innovative components that have proven themselves in testing and everyday operations

Tags: The Bottom Line

August 2011, TruckingInfo.com - Feature

How to Secure Commercial Financing: 10 Tips for Smart Borrowers

Dan Clark, president and general manager of GE Capital, Transportation Finance.

By Dan Clark, president and general manager of GE Capital, Transportation Finance

Trucking companies are ready to move beyond merely surviving. They're ready to start growing again, which means they're also ready to resume borrowing

Tags: The Bottom Line

June 2011, TruckingInfo.com - Feature

Who's Winning, You or Your Fuel Program?

By Commentary Glen Sokolis, Sokolis Group

You and your fuel program should be working together in harmony. However, with diesel fuel prices going up and down like a yo-yo, and your work schedule getting busier, not easier, it probably feels like neither you nor your fuel program is winning

Tags: The Bottom Line

May 2011, TruckingInfo.com - Feature

Getting Ready for More Volatile Fuel Prices with Fuel Purchasing Strategies

By Guest commentary Ryan Mossman, FuelQuest Fuel Services

Rising and volatile fuel prices are applying significant pressure to commercial fleet operational plans and budgets

Tags: The Bottom Line

May 2011, TruckingInfo.com - Feature

Diesel Fuel Prices Are Falling, But Why?

By Commentary Glen Sokolis, Sokolis Group

&newsIt's hard to believe that fuel prices are falling, especially if your local gas station has not yet crested the hill at the pump. In fact, most of us have yet to see this. This is because most retail locations are taking their time lowering their prices (and your costs)

Tags: The Bottom Line

April 2011, TruckingInfo.com - Feature

Fear and Fleet Fueling Prices

By Commentary Glen Sokolis, Sokolis Group

Fleet fueling prices are going up. We see it every day at the pump. We feel it in our wallets. But what exactly is driving diesel and gasoline prices higher

Tags: The Bottom Line

February 2011, TruckingInfo.com - Feature

Outsourcing Fuel Management

By Commentary Glen Sokolis, Sokolis Group

&newsIt certainly seems that "outsourcing" is the buzzword these days across most industries. Fleet fuel management is no exception

Tags: The Bottom Line

February 2011, TruckingInfo.com - Feature

Five W's for Fleet Fuel Buying

By Commentary Glen Sokolis, Sokolis Group

The Department of Energy released diesel fuel pricing data Monday showing diesel fuel prices rising for the 11th straight week, up 2.1 cents to $3.534. That's 77.8 cents higher than this same time last year

Tags: The Bottom Line

January 2011, TruckingInfo.com - Feature

Rising Fuel Prices Mean You Need A Fleet Fueling Policy

By Commentary Glen Sokolis, Sokolis Group

I was talking to a client earlier this week, and he was telling me his diesel fuel prices were up 23 percent since this time last year

Tags: The Bottom Line

January 2011, TruckingInfo.com - Feature

Proposed Accounting Changes Would Affect Truck Leasing

By Deborah Lockridge, Editor

Reforms put in motion after the financial scandals of Enron, WorldCom and others nearly a decade ago will likely soon have an effect on fleets that lease their trucks rather than buying

Tags: The Bottom Line

January 2011, TruckingInfo.com - Feature

Are Fuel Prices Going To Break Your Budget?

By Commentary Glen Sokolis, Sokolis Group

What is going on with diesel fuel prices? Let me try to give you my 2 cents - but please don't shoot the messenger

Tags: The Bottom Line

December 2010, TruckingInfo.com - Feature

Happy New Year, Diesel Fuel Prices!

By Glen Sokolis, Sokolis Group

The good news about diesel fuel prices is they are only $3.294 per gallon, according to the Department of Energy's weekly report. Prices could be $4.854, like they were the summer of 2008. The bad news about diesel fuel prices is they are at the highest they've been all year

Tags: The Bottom Line

December 2010, TruckingInfo.com - Feature

11 Trends to Watch for 2011

By Deborah Lockridge, Editor, and Oliver B. Patton, Washington Editor

1. CSA will demand better safety performance The federal truck safety program formerly known as CSA 2010, now simply CSA for Compliance, Safety and Accountability, is widely viewed as a game-changer for trucking. It kicked into gear this month and will get up to speed over the coming year.

Tags: The Bottom Line

November 2010, TruckingInfo.com - Feature

Why Diesel Fuel Prices Need Increased Taxes

By Glen Sokolis, Sokolis Group

Please wait a second before being upset at this headline

Tags: The Bottom Line

November 2010, TruckingInfo.com - Feature

Diesel Fuel Prices Going Up, Fuel Management Needed If You Want Fuel Savings

By Glen Sokolis, Sokolis Group

Diesel fuel prices are going higher, because the Department of Energy told us so last week

Tags: The Bottom Line

November 2010, TruckingInfo.com - Feature

Bad Fleet Fuel Auditing

By Glen Sokolis, Sokolis Group

Your company has worked hard to get the right fleet fuel program in place. You have picked the right fleet fuel card provider, and you may have negotiated and set up some fueling discounts with your fuel card provider

Tags: The Bottom Line

October 2010, TruckingInfo.com - Feature

The Changing Face of Trucking, Part 3: The Rise of Third-Party Logistics

Many 3PLs offer warehousing and other services along with various modes of transportation. (Photo courtesy Menlo Logistics)

By Deborah Lockridge, Editor

Werner EnterĀ­prises has grown from a single-truck owner-operator in 1956 to one of the top truckload carriers in the U.S., with more than 7,000 trucks - but it sees its major growth coming not in trucking, but in the third-party logistics business

Tags: The Bottom Line

October 2010, TruckingInfo.com - Feature

Fleet Management and Fuel Savings

By Glen Sokolis, Sokolis Group

Does anyone remember the days when the only time we thought about high diesel fuel prices was when OPEC decided to mess with us? Fuel cards use to be handed out and drivers would fuel at any place they wanted

Tags: The Bottom Line

September 2010, TruckingInfo.com - Feature

Are Fuel Storage Tanks The Right Choice for Your Fleet?

By Glen Sokolis, Sokolis Group

Every fleet manager is never really sure if it is good to have fuel tanks on site or a real pain in the neck

Tags: The Bottom Line

September 2010, TruckingInfo.com - Feature

Are You Comparing Apples to Apples on Fuel Prices? A Little Knowledge Can Go a Long Way

By Glen Sokolis, Sokolis Group

In this day and age of high-priced fuel, fleet managers need to have a fairly comprehensive knowledge of the fuel market. This was not always the case

Tags: The Bottom Line

September 2010, TruckingInfo.com - Feature

Fuel Management and Seven Tips for Putting Together an Effective Fleet Fueling Program

By Glen Sokolis, Sokolis Group

People are always surprised to learn that over 1.5 percent of a company's fleet fueling budget goes to theft and that 81 percent of fuel thefts are an inside jo

Tags: The Bottom Line

August 2010, TruckingInfo.com - Feature

Cheap Diesel Fuel Prices? A Distant Memory

By Glen Sokolis, Sokolis Group

For as long as anyone can remember, until recently that is, diesel fuel was always less expensive than gasoline which made things easy for fleet fuel managers

Tags: The Bottom Line

August 2010, TruckingInfo.com - Feature

Fleet Fuel: A Look Back and a Glimpse Ahead

By Glen Sokolis, Sokolis Group

What a difference eight years makes in the world of fleet fuel. In May 2002 the average diesel fuel price was $1.30 a gallon and the percentage of that price collected in federal and state fuel taxes was 37 percent

Tags: The Bottom Line

July 2010, TruckingInfo.com - Feature

The True Costs of Congestion

Congestion will cost trucking and the nation big bucks as the economy comes back -- but solutions are unclear.

By Diana Britton, Managing Editor

Truckload carrier Jet Express hauls dedicated, closed-loop freight, and has to give customers updates on delivery times every two hours

Tags: The Bottom Line

July 2010, TruckingInfo.com - Feature

The Basics of the Heavy Vehicle Use Tax Return

By Guest Commentary Heather Ness, J. J. Keller & Associates

Do the numbers 2290 and the date of Aug. 31 ring a bell? If not, you had better keep reading

Tags: The Bottom Line

July 2010, TruckingInfo.com - Feature

Wow! My Fleet Fuel Card is Burning!

By Glen Sokolis, Sokolis Group

Every day we deal with thousands of fleet fuel transactions. Some fleet fuel card companies are better than others for customer service, discount deals, acceptance and informatio

Tags: The Bottom Line

June 2010, TruckingInfo.com - Feature

Fuel Management When You Least Expect It

By Glen Sokolis, Sokolis Group

My guess is that most of you have a fuel management program. It is either real or it's in your head, but you believe you have an effective fuel program that is money saving when it comes to buying fleet fuel

Tags: The Bottom Line

June 2010, TruckingInfo.com - Feature

Protecting Yourself From Lawsuits Part 2: Employment Bombshells

Listen for the "tick-tick" and head off employment-related litigation early.

By Steve Sturgess, Executive Editor

In employment there are a number of litigation bombshells waiting to explode into your face if you don't hear - and respond to - the ticking you should be hearing

Tags: The Bottom Line

June 2010, TruckingInfo.com - Feature

The Changing Face of Trucking Part 2: Riding the Rails

Rail intermodal gives trucking companies another option to sell to customers interested in saving money and being 'green.'

By Deborah Lockridge, Editor

In late 1989, truckload pioneer J.B. Hunt ventured into the intermodal business, moving truck trailers "piggyback" on flatbed railcars. The company moved 20 loads that first year. In 2009, it moved more than 900,000

Tags: The Bottom Line

June 2010, TruckingInfo.com - Feature

In-Cab Navigation: How Did We Go So Long Without It?

By Guest commentary Christian Schenk, Xata Corp.

Today, navigation capabilities using GPS technology are everywhere. Many new cars have built-in navigation units. You can find the nearest gas station or ATM on your smart phone

Tags: The Bottom Line

June 2010, TruckingInfo.com - Feature

Life Is Like Fuel Management: You Never Know What You're Going to Get

By Glen Sokolis, Sokolis Group

I had a pretty moving experience last week, and it has led me to think about a lot of things in life

Tags: The Bottom Line

May 2010, TruckingInfo.com - Feature

Take the Wild Card Out of Fuel Management

By Glen Sokolis, Sokolis Group

Have you have been to Las Vegas, Atlantic City, or the horseracing track? Have you ever bet on a football game? Do you ever feel like you're going to win

Tags: The Bottom Line

May 2010, TruckingInfo.com - Feature

Protecting Yourself From Lawsuits

New safety regs will change accident litigation.

By Oliver B. Patton, Washington Editor

New safety initiatives under way at the Federal Motor Carrier Safety Administration will reshape the legal landscape for trucking, say industry lawyers

Tags: The Bottom Line

May 2010, TruckingInfo.com - Feature

Et Tu Greece? Makes For Crazy Ride on the Fleet Fuel Express

By Glen Sokolis, Sokolis Group

Greece provided help last week to the fleet fuel markets helping drive down fuel costs by over $11 a barrel for crude oil and near 30 cents a gallon for diesel fuel

Tags: The Bottom Line

April 2010, TruckingInfo.com - Feature

Fuel Prices are Pumping Up!

By Glen Sokolis, Sokolis Group

If you read last month's feature article we talked about all of the negative things that were happening that we believe will cause fleet fuel prices to go up throughout the rest of the year

Tags: The Bottom Line

April 2010, TruckingInfo.com - Feature

Can Fleet Fuel Fraud Happen to You?

By Glen Sokolis, Sokolis Group

In fleet fueling there are many ways your employees can steal fuel from you. Most companies truly believe, it can't happen to me

Tags: The Bottom Line

March 2010, TruckingInfo.com - Feature

Is Bio Fuel Dead for Your Fleet Fuel Program?

By Glen Sokolis, Sokolis Group

We aren't going to say that just yet. But Congress has sure made it difficult for that market. As most of you know, the $1 a gallon tax credit went away at the end of 2009

Tags: The Bottom Line

March 2010, TruckingInfo.com - Feature

Spring is in the Air.....and There's Water in my Tank!

By Glen Sokolis, Sokolis Group

April showers bring May flowers ... but you might already have water in your fuel tank

Tags: The Bottom Line

March 2010, TruckingInfo.com - Feature

The Changing Face of Trucking: Part I

Supply chain pressures and other factors have meant big changes at many large transportation companies, such as Schneider, which now has a growing regional operation.

By Deborah Lockridge, Editor

Once upon a time, you had truckload companies, less-than-truckload companies, warehousing/logistics companies, rail intermodal companies, port drayage companies, and brokers. But today, the lines are blurring

Tags: The Bottom Line

March 2010, TruckingInfo.com - Feature

Fuel Management Lost at Sea

By Glen Sokolis, Sokolis Group

Fuel Management might be lost at sea, but it hasn't gained any demand on land either. What are we talking about?

Tags: The Bottom Line

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