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Minimising fuel expenses is crucial for the sustainability of any owner-operator.
By Navdeep Kaur
Trucking Business
Minimising fuel expenses is crucial for the sustainability of any owner-operator.
You can make wise business decisions about fuel by knowing your fuel economy in miles per gallon (mpg) and your cost per mile (CPM).
Calculate your mpg by tracking your mileage between fill-ups and dividing the total miles by the gallons burned. Do this for all trips.
Remember that factors like weather, loads, routes, traffic, terrain, and road surfaces constantly affect fuel economy.
It’s useful to track mpg monthly, weekly, and even per load.
Consider that an occasional haul of steel across the mountains may cost you more in fuel than it’s worth.
If your numbers look bad, don’t give up; improving your fuel economy can lead to significant savings.
Gasoline Pumps in Close-up by Engin Akyurt on Pexels
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