Construction outfits that have even a few vehicles also have at least a few gallons of fuel being wasted everyday. Closely tracking fuel purchases is one way to spot where waste might be occurring.
Networkfleet, a vendor of wireless fleet management solutions, recently announced the availability of the Networkfleet Fuel and Service Card with integrated fuel card reporting. In partnership with Wright Express, a provider of fleet cards, the Networkfleet Fuel Card tracks precise information on all fuel purchases and includes comprehensive monthly and year-to-date reporting to help fleets control costs and improve vehicle efficiency. Keith Schneider, president and CEO of Networkfleet, explained how that helps reduce waste, saying:
By integrating Networkfleet wireless fleet management with fuel purchase reporting, fleet managers are able to collect concrete data and implement changes that will have a major impact on reducing fuel expenses. Networkfleet is delighted to expand our relationship with Wright Express to offer this new capability
The Networkfleet Fuel and Service Card is accepted at 160,000 fuel and 45,000 service locations nationwide – basically, anywhere Wright Express is accepted. Compatible with Networkfleet’s GPS fleet tracking system, the new fuel card offers control over fuel expenses by providing detailed reporting, including cost-per-mile and miles-per-gallon analyses. Fleet managers can also take advantage of the fuel card’s purchase alerts and controls, to keep a close watch on their companies’ bottom line and easily enforce purchasing policies.
Separately, Wright Express announced an increase of 0.2 percent in December versus the previous month in its Fuel Consumption Index (FCI), which the company claims provides an accurate and up-to-date indication of construction activity in the United States. If it holds true, that’s more good news for the construction industry in general.