American Trucker July East

Page 13

parts & service

Fuel cost control made easy

A

new fuel price and budget risk management program is being rolled out jointly by Pricelock and Wright Express. The companies said their partnership enables them to provide fleet customers with the option to purchase fuel at a fixed daily price for a fixed volume and to more effectively manage those purchases. Covering fleets of all sizes, this suite of products delivers budget control and price protection options to businesses by offering simple ways to manage the cost of fuel, said Naveen Agarwal, Pricelock’s COO. “Presently, fleet managers have a

great opportunity to price protect their fuel budgets,” Agarwal said, noting that fleets are increasingly looking for ways to minimize the risk associated with fuel price fluctuations and monitor and manage their price-protected reserves online

Online greenhouse gas calculator T

he Environmental Defense Fund (EDF) and NAFA Fleet Management Assn. have activated the Fleet Greenhouse Gas Calculator, enabling fleets to track emissions reductions. “Fleet managers today face immense pressures from all sides to cut costs—and reducing emissions is one way to do so,” said Jason Mathers, green fleet project manager for EDF. “Our goal in launching this online calculator is to put fleet managers in the driver’s seat when it comes to measurement, efficiency and cost savings.” The tool is designed to minimize data entry for fleets while maintaining accuracy. The calculator estimates greenhouse gas emissions from fuel consumption data. The data calculates carbon dioxide, nitrous oxide, methane, and hydrofluorocarbon emissions. The results are estimated based on a formula in the “greenhouse gas from transportation source” as reported in the Inventory of U.S. Greenhouse Gas Emissions and Sinks: 1990-2006. www.edf.org

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and in real time. “By combining the offerings of each company, we will be able to jointly provide relevant new services that simplify fleet management and save our customers time and money,” added David Maxsimic, Wright’s executive vp-sales and marketing. “This new suite of fuel price risk management products allows customers to continue to use their current Wright Express program, with the settlement occurring on the Wright Express statement one month in arrears as an ancillary statement.” www.pricelock.com www.wrightexpress.com

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