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The Future Price of Diesel Fuel in 2011
This week in April of 2008, the U.S. national average for a gallon of diesel was almost identical to its current weekly price of $4.07 per gallon. The price continued to climb, peaking at $4.76 per gallon by July 14th. The question is: What has changed and where are we going? Historical Diesel Price Trends Every year since 2001, diesel prices peak after the month of April 90% of the time. For the last ten years, peak diesel prices are almost 27% higher on average when compared with the average price for the year before this week. The...
read moreHours of Service Proposed Changes in 2011
Let your voice be heard! Submit Comments on the new Hours of Service Proposal until February 28th, 2011. The table of changes below [Download PDF Version] provides a “quick reference” to the major changes being proposed in the December 2010 HOS Notice of Proposed Rulemaking. Under “HOS Proposed Rule Documents” you will find all of the formal documents related to this proposal as well as FAQs and other useful information. Each may be downloaded or viewed online. This information will be updated as needed. The formal ...
read morePocketFuelCal – Fuel Surcharge Calculator
Are you a trucker, shipper, driver, or business traveler who’s profits are affected by the price of fuel? PocketFuelCal is a simple and intuitive fuel surcharge calculator, designed especially for transportation industry professionals. Let’s say your base rate is $2.00 per mile, which works out fine when the price of fuel is $2.50 per gallon; but what happens when gas prices exceed $4.00 or even $5.00 per gallon? Once you’ve downloaded PocketFuelCal, select your vehicle’s average Fuel Efficiency in the Settings, then...
read moreHow To Calculate Fuel Surcharges With PocketFuelCal
Go to the settings view by tapping the gear icon in the top right corner. Set your vehicle’s average fuel efficiency (default is 5.5 mpg). Set your base fuel cost – This is what the price of fuel needs to be to earn an acceptable profit at your base rate (default is $2.00 per gallon, $2.50 is commonly used as well). Tap Done in the top right corner to go back to the main view. Calculate Fuel Surcharges Once the base fuel cost has been set, you can calculate fuel surcharges by entering the current fuel price and distance of...
read moreHelp me to Help You
If you like using PocketFuelCal – the fuel surcharge calculator for logistics professionals, please tell your friends and colleagues! Bookmark on Delicious Digg this Recommend on Facebook Share via MySpace Share on Reddit Share with Stumblers Tweet this Tell a friend Bookmark on Delicious Digg this post Recommend on Facebook Buzz it up Share on Linkedin share via Reddit Share with Stumblers Tweet about it Tell a friend
read moreNew App Calculates Fuel Surcharges
Dallas, TX (PRWEB) October 13, 2010 Trucking Advantage, LLC announced today the upcoming release of PocketFuelCal; a unique business and productivity app for iPhone™, which provides transportation industry professionals with a quick method to calculate fuel surcharges. According to the Department of Energy, the average price of diesel in the U.S. costs 47 cents more than at this same time last year. Transportation businesses typically incur a fuel surcharge to recoup their losses attributed to these price increases. “Truckers, drivers,...
read moreHow to stay ahead of the game: Watch those freight rates.
Rates in the trucking business fluctuate with supply and demand. An owner-operator can miss out on thousands of dollars each year if they are not up to date on the current market. Here are four tips to keep your rates in line: 1) If you subscribe to an online load board, search for how many loads are posted versus how many trucks are posted within a certain radius. This will give you a good idea as to what you are up against. For example: If there are 50 trucks posted and 500 loads posted, then you are in a good position to negotiate a...
read moreComputer Technology and The Owner Operator
Owner Operators can compete with larger trucking companies through computer technology with a mobile office in their rig. With a minimal investment in a laptop, mobile scanner, and online fax, truckers can scan receipts, invoice customers electronically, send/receive rate confirmations, calculate miles, and communicate with their customers more effectively. In some cases, cash flow can be increased by up to 20% by billing electronically. The business owner has a better chance of getting a fair rate if they can calculate miles on the fly...
read moreHow To Find Loads
How do you find trustworthy customers who pay reasonable rates, on time, and are not on the verge of financial collapse? That is the million dollar question… The truth is, with a little persistence and consistency you can make your sales goals a reality. Getting Started Personal Commercial – First impressions are important. Usually they are what people remember you by the most. Anyone can say “I own a trucking company”, and that’s about the end of that conversation. Put together a personal commercial as a way to introduce...
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