New technology, vehicle maintenance and driver training contribute to the financial savings of fleet companies

Fleets need to save on fuel, especially at a time when fuel prices are sky rocketing. According to a case study published by Freight Best Practice, investing in vehicle technology and vehicle maintenance can result in large financial savings. The name of the case study is ‘Innovation Secures Future at Rural Haulier’.

This case study is about the fleet company Andrew Black Limited enhanced their profitability by minimising vehicle downtime and maximising payload. Training drivers in a better manner also contributed to their financial savings. The North Berwick operator also invested heavily on technology such as vehicle tracking and navigation software in their fleets. This was so that they maximise vehicle utilisation. The director of Andrew Black Limited, Andrew Black said that you could not put a price on this technology. He added that he can see where a vehicle is, at what speed it is travelling at and at any time.

This investment in technology by them also included a second lift axle for their tipper trailers. This saves them around 800 pounds on depreciating tyres every year. There is also an additional saving of 608 pounds in fuel. Giving special training to the drivers also helps in adding to those savings.