Fuel stands as a vital resource within the construction industry, powering heavy machinery like diggers, excavators, trucks, and loaders. With diesel constituting over 90% of fuel use, these heavy-duty vehicles incur significant costs. For instance, a standard excavator can consume up to five gallons of fuel per hour, costing approximately £270 for a 10-hour work period at current diesel prices. In this blog post we will explain the importance of effective construction fleet management.
Construction Fleet Costs: What Are They?
Addressing these high costs doesn’t necessarily mean scaling back on projects. Fleet managers in construction can explore various strategies to streamline operations and reduce expenses. Some of the heavy hitters are:
- Front loaders
Construction Fleet Cost Reduction Strategies
Optimising Fuel Expenditure
Fuel card services like those offered by Fuelwise facilitate substantial savings through weekly fuel price updates, ensuring you are always paying the latest market price. Employing fuel cards can lead to significant discounts on fuel purchases, contributing to a substantial reduction in diesel expenses. Additionally, consolidating all fuel expenditures into one account allows fleet managers to gain valuable insights for informed decision-making. The system that we provide our customers with is called Velocity Fleet.
Harnessing Technology for Efficiency Gains
Integrating advanced technology into fleet management systems offers short to medium-term efficiency boosts. Implementing telematics systems, for instance, enables real-time vehicle tracking, route optimization, and improved project deadline estimations. Customizable fleet management tools tailored to specific operations can be instrumental in enhancing overall efficiency.
Reducing fuel costs is critical for construction businesses. Exploring avenues like fuel card services and upgrading technology can lead to tangible savings while maintaining operational effectiveness. To learn more about optimising your fleet’s efficiency, feel free to reach out to us via our inquiry form below.
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