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The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.
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The national average price of gasoline fell three cents to $3.239 a gallon for the week ending Dec. 16, remaining just above a three-year low due to favorable energy economics.
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The Ford Motor Co. will offer auto stop-start technology on 70% of its North American vehicles by 2017. Ford is also researching dynamic cruise control, which predicts road conditions to optimize fuel economy.
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The Internal Revenue Service lowered the business mileage deduction by 0.5 cents to 56 cents per mile effective Jan. 1. The 2014 rate decreases the 2013 rate of 56.5 cents, which went into effect Jan. 1, 2013.
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The average price fell for the second consecutive week. Gasoline is 8 cents lower than it was for the same week a year ago, according to federal data released Monday.
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The national average price of gasoline fell 2.1 cents to $3.272 per gallon for the week ending Dec. 2, remaining near a low for 2013.
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Volkswagen de Mexico announced a new investment of $118 million to mark the start of the second stage of its engine plant located in the Guanajuato Puerto Interior industrial park.
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Strategic consultants analyzed data from Donlen's pool of fleet vehicles, including internal vehicle segment code, usage data from the Fleet MasterCard for fuel purchases, and vehicles with purchased gallons associated with valid mileage entries.
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The national price of gasoline rose 7.4 cents to $3.293 a gallon for the week ending Nov. 25, a second straight weekly uptick after falling to a nearly three-year low.
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Fuel is one of the largest expenses associated with owning and operating a fleet, typically, second only to asset acquisition and depreciation. Here are some strategies to mitigate the effects of fuel price fluctuations and increases without impacting service levels.
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The U.S. Environmental Protection Agency proposed reducing the amount of ethanol that's required to be blended with gasoline Friday for the first time since a 2007 law setting aggressive targets for the corn-based fuel.
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