With the more fuel-efficient trucks that will be manufactured between 2014 and 2018 — a result of new standards reached by the U.S. Environmental Protection Agency and the Highway Traffic Safety Administration — come elevated costs.
For NationaLease’s Andy Stopka, this is a perfect time to focus on reducing fuel consumption — and adding cost savings — in anticipation of these new truck deliveries.
In a blog post on NationaLease’s Website, Stopka writes that the cost of new trucking equipment has risen by 50 percent in the past decade. To boost profitability in the face of these increases, he wrote that identifying the optimal fleet composition will lead to cost savings from increased fuel economy. One of the biggest steps a private carrier can take is to partner with a transport services company that will focus on purchasing and financing.
“Smart managers are collaborating with partner companies, which have deep and diverse expertise in all aspects of transportation,” he said. “By taking advantage of that collective knowledge in services such as group purchasing, financing, logistics, and processing efficiencies, managers can stay focused on their core functions.”
Implementing a parts-management program and keeping equipment in the optimal condition by taking advantage of warranties are two more tips. Stopka also urges operators to consider new technology aimed at increasing mile per gallons and to also use wide-based tires, which will increase payload.