Fuel prices across the country are soaring leaving hauliers paying extortionate prices.
The average cost of fuel in the UK is at an all-time high, with the prices of petrol coming in at an average of 163.5p a litre and diesel costing 173.4p a litre. Some analysts predict the costs could even rise to 240p and 300p a litre respectively. These price hikes are affecting hauliers across the country significantly, with some of HaulTech’s customers reporting the extra monthly costs of £30,000 and a major decrease in their profit margin. As hauliers try to recoup their losses, this has a knock-on impact of higher grocery costs for supermarkets consumers. With this ongoing struggle, the only other opportunity is for haulage professionals to become more efficient with the fuel they consume.
Many HaulTech customers are using HaulTech.Live, an integrated vehicle CCTV and tracking system that monitors drivers’ fuel consumption and behaviour on the road. The intuitive, easy-to-use system then produces scorecards that rate a driver on their performance and encourage better learning so the professional vehicle operator can become educated on how their use of a heavy good vehicle can widely affect fuel consumption and the bottom line of their company. HaulTech customers using the platform have reported a 15-20% decrease in their fuel consumption since implementation and a positive impact on their bottom line.
HaulTech.Live also allows users to create numerous reports which can show HaulTech customers a breakdown of their expenses. Whether that be fuel consumption, HMRC expenses, driver performance or a refuelling report which shows the amount of fuel consumed and where the level changed. These reports can be used to inform better decision making on cutting costs and creating methods to better handle the rising costs of fuel.
If you would like to learn more about HaulTech.Live and its ability to help you during these costly times then contact the team today by clicking here, calling 01782 662244 or saying hello@haultech.co.uk.
