Are you a savvy supply chain professional looking for the best strategies to move products to market?
TRADITIONAL FUEL SURCHARGE PROGRAMS
fail to align fuel reimbursements to fluctuating prices, state taxes, and other market disruptors.
Fuel is the second-largest and most volatile cost in transportation spends – and it goes largely unmanaged.
Take back control of this important component of your transportation spend.
Some shippers still reimburse carriers for diesel fuel based on a national average, like the DOE Fuel Price Index. Unfortunately, that’s an outdated and inaccurate method of reimbursement from 1981, which is
COSTING YOUR COMPANY MILLIONS.
Lucky for you it’s not the ‘80s anymore and
Relying on averages from the DOE Index means YOU OVERPAY FOR FUEL. If your carriers pay $2.75/gallon in Oklahoma, should you reimburse them at $3.00/gallon because of high prices in Pennsylvania?
Using a market-based approach, WE CALCULATE THE ACTUAL COST OF FUEL based on your real shipment data. This means your fuel reimbursements are free of distortions like:
Fuel reimbursements are distorted because key data is omitted, leading to inaccuracies.
Fuel reimbursements are calculated according to lane-level shipment data, removing distortion.
Download the full Actuals vs. Averages infographic here:
SEE THE VALUE OF AIn addition to actively managing fuel, we also forecast fuel costs, develop transportation emission reduction strategies, identify alternative fuel applications, outline mode conversion opportunities, and deliver other ways to SAVE IN YOUR SUPPLY CHAIN.
The data we collect fuels effective strategies and establishes best practices to set your organization up for success.
HEAR FROM OUR CLIENTS
Isn't it time to move forward and start managing fuel costs instead of reacting to them?
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