
Let's take a look at where fuel prices currently stand in the U.S.
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Fleet costs are up across the board due to inflationary pressures. Acquisition costs have increased with minimal offset from fleet incentives. Interest rates are higher, impacting the lease vs. buy decision and companies requiring outside funding to replace vehicles.
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Fuel prices can make or break a fleet's budget, and as a fleet manager, being attuned to these fluctuations is not just advantageous; it's essential. So, where's the cheapest gas at?
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A report by car subscription provider FINN revealed the top 10 U.S. states with the cheapest gas, with Texas at the top of the list.
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Public Sewer Services, a U.K. sewage, drainage and repair business, found the Lightfoot company's driver-first approach program achieved significant fuel savings and carbon reductions.
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We’ve all heard that fleeting EVs will lower your “fuel” bill considerably compared to an ICE vehicle. But by how much, exactly? Here’s the formula.
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Company car drivers in electric vehicles are facing price confusion in the UK as they encounter a bewildering choice of charging prices and charging rates.
Read More →As Q2 shows a decrease in fuel consumption, see what kind of impact this has on fuel prices and the industry in this video.
Read More →Learn how higher fuel costs impact different aspects of the fleet industry in this deep dive video with Mike Antich.
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Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.
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