TRADITIONAL REASONS FOR HIGH DIESEL PRICE Traditionally, upward swing in diesel price is usually due in part to the rising price of crude oil in the international market, age-long failure of local refineries to meet production target and lack of clear cut policy by the Federal Government on the deregulation of the downstream sector. Chief among these reasons has always […]
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WHEN the price of crude oil started crashing in August last year, expectations were high that domestic pump prices of refined petroleum products would also decline, giving businesses and individuals a much-needed relief. The price of crude oil, which constitutes a major component in the pricing template, had plunged by about 60 per cent since June 2014 when it peaked […]
Continue reading »How many rotors and nozzles did you lose and had to replace during the year? How many times did you have your fuel injector pump serviced or outrightly replaced? Did you lose any turbo charger or a number of them during the year? Affirmative answer to any of the above is a sure signal to take a second look at […]
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Whether you run a large fleet or a modest one, there is a fueling option that works better for you. Except in a worst case scenario as you would find in a ‘force majeure’, there is absolutely no justification for why an up and doing fleet manager should fail in ensuring his trucks are adequately fueled and ready to go […]
Continue reading »Why you need a Strategic Fleet Fuel Management Plan Rising diesel prices, epileptic product availability, increasing incidences of fuel contamination, an unsteady economic outlook and shrinking supply of qualified drivers have all combined to change how you need to manage your fuel program. In an era where fuel expense occupies the biggest slice of every haulage company’s total operating cost […]
Continue reading »Fuel Economy and Efficient Driving Behavior The following is a short list of behaviors exhibited by those drivers that consistently obtain good fuel economy. Studies have shown that a consistently efficient driver can achieve 30% or more fuel economy than an inefficient driver. Simple behaviors, like coasting to a stop instead of staying on the accelerator until the last minute […]
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Fuel Economy in Haulage The importance of fuel economy to the successful operation of a trucking company cannot be understated. Fuel is one of the largest variable costs in a trucking venture, and, while no trucking operation can control the cost of fuel, it has at least some control over the amount or rate of consumption which in turn determines […]
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HOW TO OBTAIN BACKLOADS Within the context of Nigeria, several yet untapped opportunities abound for any company interested in finding backloads for empty or partially laden return journeys. Operators can maximise the utilisation of returning vehicles by developing or becoming part of a business partnership that shares knowledge of load and vehicle locations, thus enabling them to be matched. General […]
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REASONS FOR BACKLOADING The unethical drivers’ practices facilitated by the empty or partially loaded space on vehicles as earlier enumerated is one clear reason why haulers should formally embrace backloading. The question is why would you create opportunity for leakages or breaches that can be commercial harnessed for the overall financial benefit of your organisation? Or simply put, why leave […]
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INTRODUCTION A haulage practitioner narrated his ordeal: A truck in his fleet had been dispatched for a delivery of 30ton cargo in Uyo in Akwa-Ibom State three (3) days earlier. That sunny afternoon, while going through the exception report from the Tracking Department, he discovered that the referenced truck had disappeared from the tracker the night before. Other reports confirmed […]
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