Telematics save cash.
Quick way to cut fuel costs
Published: 10 May, 2009
HUNTINGDON: Telematics service provider, Cybit, launched a ‘White Paper’, that shows the impact the combination of computer and information technology has in reducing total fuel expenditure from vehicles – from a customer's point of view.
The price of fuel is continuing its long-term increase. This was caused by April's re-introduction of the fuel escalator tax, the Chancellor's increase in fuel duty by 2p/litre in the Budget and a forecasted 2% rise in oil prices this year as well as a further 1p/litre annual levy.
Businesses, said Cybit, can turn to fleet telematics to ease these cost increases.
The white paper is available from Cybit's website and details how fuel costs can be reduced by utilising vehicle telematics to manage routing and scheduling; operational control; speed management; driver behaviour and vehicle performance.
John Wisdom, Cybit's sales and marketing director, said: "An extra 24-miles a week in a 40-tonne GWV will cost a business £42 in fuel, running costs, labour and other fixed costs.
"When these costs are estimated over a fleet of 50 or 100 vehicles working 48 weeks a year, the case for deploying telematics to assist pull-back mileage becomes compelling.
"Companies that have benefited from the strategic analysis of fleet fuel costs include RCS Logistics, Abel & Cole and infrastructure and facilities management companies May Gurney, Axis and Enterprise PLC.
"The technology we provide enables cost savings, and also has the capability of monitoring the emissions that a vehicle produces, which was a key feature in the chancellor's Budget."