THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
The national average gasoline price dropped to $1.81, with one out of every four gas stations selling gas for $1.49 or less.
National U.S. average diesel prices are down $0.04 from the week prior and $0.61 from one year ago, hitting $2.51 per gallon as of April 13, 2020.
The current price level is 6-cents less than last week and nearly $1 less than a year ago.
Current prices are 81 cents less expensive than a year ago and will likely push lower as Americans remain isolated for the foreseeable future as a result of COVID-19.
The national average gasoline price dropped below $2 for the first time in four years, attributed to COVID-19 and the crude oil price war between Saudi Arabia and Russia.
Seventy-one percent of traditional gas pump handles have high levels of contamination, enough to spread illness.
The pandemic has greatly influenced how fleets are running their operations, and for some could mean fewer assets being utilized, or perhaps a halt in operations altogether if your business was closed for being considered non-essential.
This new Dallas ordinance follows legislation which passed last week in the State of Washington enabling operations for the MFOD industry.
Demand for mobile fueling has shot up across the country as consumers observe shelter-in-place guidelines in response to the coronavirus crisis.
The national average gasoline price increased 4 cents to $2.58 as 2019 comes to a close, a spike attributed to unexpectedly higher road travel during the holidays, according to AAA.
FleetCor Technologies, Inc. has collected "hundreds of millions" in improper fees from its fleet customers since at least 2014, according to a civil complaint filed by the Federal Trade Commission against the Atlanta-based payment processor.
With the cost of fuel representing 60% of the total fleet budget, fleet managers are looking for opportunities to reduce expenditures ranging from rightsizing, route optimization, telematics, personal use, and modifying driver behavior.
The national average price of gasoline fell 2 cents to $2.55 per gallon, which is 5 cents lower than a month ago due to declining demand, according to AAA.
WEX Inc. will begin managing the fleet fuel card program of Valero Energy Corp. under a new partnership, the Portland, Maine-based payment provider has announced.
The national average price of regular unleaded moved 1 cent lower to $2.57 for the week ending Dec. 9, as Ohio, California, and several other states saw more significant price declines.
WEX Inc. moved its headquarters to the waterfront of Portland, Maine, in March, as the company entered a growth phase that has included three acquisitions this year.
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