Posted April 4, 2017 by Administrator
Fuel-efficiency and carbon pollution standards for medium- and heavy-duty trucks in America were finalized by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation’s National Traffic Safety Administration (NHTSA) last year. These new standards, which will go into effect by the year 2027, will improve the fuel efficiency of commercial motor carriers and reduce greenhouse gas emissions, thereby bolstering energy security and saving vehicle owners substantial fuel costs.
The program, called the “Final Phase 2 Program” is designed to promote a cleaner, more efficient trucking industry by encouraging the application of currently-available technologies and the development of new technologies that will produce cost-effective remedies by the year 2027. The EPA is projecting that the new imperatives will have a lasting positive effect for the industry, the entire economy and public health.
- CO2 emissions are expected to be reduced by 1.1 billion metric tons,
- $170 billion will be saved in fuel costs,
- oil consumption will be reduced by up to two billion barrels over the lifetime of the vehicles sold under the program,
- the buyer of a new long-haul truck in 2027 is expected to recoup the investment in fuel-efficient technology within two years of purchase,
- $230 billion in net benefits to society, including benefits to our climate and the public health of Americans.
Heavy-duty trucks generate the most greenhouse gas emissions and use the most energy in the U.S. transportation sector. They currently account for 20 percent of GHG emissions and oil use.
The EPA and NHTSA continue to work on fuel-efficiency and greenhouse gas emissions standards for trailers. They are expected to take effect as soon as 2018 for certain trailers, while other trailers will have until 2021 to comply. Credits will be available for those who wish to voluntary participate before the final deadline. Types of technologies that are being considered for the standards include:
- aerodynamic devices,
- light-weight construction, and
- self-inflating tires.
The agencies who were involved in developing the new Final Phase 2 Program are very excited about the new U.S. national standards that were developed with input from a variety of sources including trucking industry, labor and environmental leaders.
To learn more on transportation industry news, trucking coverages, and risk management, contact us.
This document is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. Marsh & McLennan Agency LLC shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting or legal matters are based solely on our experience as consultants and are not to be relied upon as actuarial, accounting, tax or legal advice, for which you should consult your own professional advisors. Any modeling analytics or projections are subject to inherent uncertainty and the analysis could be materially affective if any underlying assumptions, conditions, information or factors are inaccurate or incomplete or should change.
Posted November 21, 2016 by Administrator
Every year, U.S. vehicles consume more than 6 billion gallons of diesel fuel and gasoline combined. Fuel costs are the largest part of a fleet’s operating budget, so it makes sense to focus on fuel reduction strategies. Many corporate sustainability initiatives contain a fuel efficiency program. Volatile fuel prices have leveled out in the last few years, making it somewhat easier to plan and manage fuel costs.
Individual drivers are usually responsible for finding fueling stations on their own. This makes it difficult for managers to forecast the fuel budget, both on the road and off the route. It is well worth it to develop an effective fuel management strategy to ensure costs are kept in check.
Here are some ways fleet managers can set up an effective fuel management strategy.
- Require drivers to drive conservatively. Fuel economy can be improved by 33% percent when drivers stay within speed limits and driving conservatively, according to the U.S. Environmental Protection Agency (EPA.) Holding drivers accountable for driving safely and avoiding harsh stop-and-go driving can translate into lowered fuel costs.
- Stop unneeded idling. Unnecessary idling, even just one hour per day, can waste as much as $189 per vehicle, according to the EPA. The bigger the vehicle’s engine, the more fuel it consumes when idling. Fleet managers and vehicle owners can download a Vehicle Idle Reduction Savings Worksheet from the Argonne National Laboratory Energy Systems research website to help them calculate potential savings from reducing idle times here.
- Keep tires inflated to the optimal tire pressure. Fuel economy can be improved by keeping tires inflated to the correct pressure. Underinflated tires can lower gas mileage for as much as 0.4 percent for every pound per square inch (psi) reduction in pressure.
- Plan Efficient Delivery Routes. Adjusting routes can optimize fuel economy. Consider route planning software to help plan routes and reduce fuel consumption.
- Use the Proper Diesel Truck Engine Oil. Using the right engine oil can improve gas mileage by 1-2 percent. For a complete discussion about the best engine oil to use for your rigs in 2017, click here.
- Make sure your wheels are in alignment. It is imperative that you keep your wheels aligned. If any are out of alignment, it increases the drag on your vehicle, which reduces fuel economy.
- Instruct drivers to use cruise control. Make sure your drivers use cruise control if their rig is equipped with it. Cruise control helps drivers maintain a constant speed, which saves fuel.
- Remove unneeded payload. Reduce the weight on your vehicle by clearing away unnecessary equipment, tools, parts or products that are not needed that day, therefore improving fuel mileage.
- Consider installing a telemetric system. Telemetric systems will provide managers with the data needed to address poor driving habits, such as harsh braking, excessive idle time or unnecessary acceleration. It can also report oil pressure and other diagnostic information, which gives managers information that can really make a difference in fuel economy.
- Instruct drivers to use lowest-cost fuel stations. Many fuel card companies offer fuel pricing information every day. Buying fuel from the lowest priced stations can really add up for fleets.
To learn more about transportation practices and coverages to help your business succeed, contact us.