Now you can get excited about fuel prices! Discount fuel cards work as a major asset to your trucking business and make a huge impact for owner-operators. The largest expense in the trucking industry is diesel fuel, by a landslide. In fact, the cost of diesel fuel purchases accounts for almost 40% of the total expenses associated with owning a trucking company. Statistics have shown that truck drivers with just one commercial truck can consume more than $70,000 per year in diesel fuel. Discounts off the cash price at the pump mean that you can take a significant percentage off your diesel fuel costs.
Not all fuel programs are created equal though. Some offer bigger fuel savings than others and restrict you to only fueling at certain travel centers with a more average savings. Some fuel cards work in your favor with other features and benefits that can help you run your business more efficiently. Choosing the right gas card is an important decision for your business.
In addition to factoring, TAFS has the F2 fuel card which is one of the top fuel cards in the industry because of its key partnerships that allow for some fantastic diesel fuel discounts and other rebates. Now smaller fleets can get the discounts usually reserved for larger fleets.