Article 1: Rising Fuel Prices are Taking Big Bite out of Business' Bottom Lines

LAS VEGAS, NV – The impact of rising fuel prices has been significant for businesses across the country. Fleet managers nationwide are scrambling to reduce their “Total Cost of Fueling” by implementing highly controlled, efficient fueling environments.

Total Cost of Fueling or “Aggregate Fuel Cost” involves more than just the price you pay at the pump. Fleet managers understand the following truths:

• Poorly controlled fuel purchasing programs can lead to slippage rates of 15% or higher. This can increase your “Aggregate Fueling Cost” by $0.45 per gallon or more at today’s fuel prices.

  FACT: If you purchase 1,000 gallons of fuel a month and experience a 15% slippage rate, you are losing up to 150 gallons of fuel from your system. At $3 per gallon, this means $450 is not dropping to your bottom-line. Your Aggregate Fuel Cost has increased by $0.45 per gallon ($450/1000 = .45).

• Inefficient fueling environments cause employees to waste time waiting to fuel, browsing c-stores, standing in line to pay, or conversing with clerks or other people that are standing around.

  FACT: If you pay an employee $18 per hour (loaded labor rate), and they waste ten minutes in a c-store as opposed to a commercial fueling location, you have increased your Aggregate Fuel Cost by $3.00! If the driver purchased 25 gallons of fuel, you increased your cost by $0.12 per gallon! ($3/25 = .12). If there are two

FOR THESE REASONS businesses nationwide are implementing a fuel management solution with River City Petroleum, Inc. Contact us today to learn how we can tighten your fuel purchasing policies allowing more of your profit to drop to the BOTTOM LINE!

Article 2: Aggregate Fuel Cost on the Rise

LAS VEGAS, NV – Fleet Managers nationwide are realizing the cost of fueling a vehicle goes far beyond the price per gallon. It has long been considered the best policy to pursue the lowest priced fuel, but are you really saving any money?

Fleet managers surveyed have a clear and concise answer: “Not really,” particularly if the driver spends more than a few minutes fueling. The reason is that labor must be a factor when analyzing a fleet’s aggregate cost of fuel.

For example: assume a driver is paid $20.00 per hour loaded (including benefits), and they waste only 15 minutes during the fueling process on such things as waiting in retail lines, browsing a C-Store/Truck Stop, or chatting with clerks. This represents an aggregate fuel cost increase of $5.00 at that filling attributed to lost productivity. Most fleet managers agree this is not far fetched.

So, what is the impact on the price per gallon of fuel paid? On an average fill of 30 gallons, it increases the price per gallon by almost .17 cents. ($5.00 ÷ 30 gallons = $.167) The aggregate fuel cost increase is even higher if you are paying your drivers overtime, or have two employees to a vehicle.

Article 3: Accurate Information – Key to Fuel Management Program Success

LAS VEGAS, NV – Businesses trying to manage a fleet of vehicles are learning that not all fuel management systems are created equal. In fact, many lack critical information necessary for detecting slippage (abuse), accounting for taxes, and facilitating vehicle maintenance.

Thousands of businesses across the United States and Canada have learned to rely on the high quality fuel management services offered by River City Petroleum, Inc. and the CFN Fueling Network.

While River City’s success can be attributed to their high-speed, high-control commercial fueling network, the key for many fleet managers is their fuel management reporting services.

“Without detailed transaction data for each fueling event, including time, date, product purchased, gallons, odometer, tax detail and other miscellaneous information, a fleet can not properly audit a vehicle or driver for discrepancies. We place a high premium on ensuring that all of this information is available and properly presented in our fuel management reporting services,” according to Brad Folkins, River City’s General Manager