ATBS

PIB TIP: FINDING THE CHEAPEST FUEL. The real cost of fuel is the pump price minus the taxes. There are ways to save money on both the fuel you buy and the fuel taxes you pay. Learn what your carrier’s fuel tax policy is, and find out which states have the best diesel prices. Daily fuel prices by lane and fuel tax listing are on eTrucker.com and in motor carrier atlases such as Rand McNally’s. The Partners ...

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PIB TIP: CUT OUT-OF-ROUTE MILES. If you’re like many owner-operators, with 6 percent to 10 percent of your miles out of route lost to detours, side trips and just human error, you could possible cut them 3 percent. Doing so would save 3 percent on fuel, as well as on other variable costs such as tires and maintenance. Rethinking your route, minimizing side trips and getting better directions will pay off in savings. The Partners ...

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The twist in year-end tax planning

If Congress doesn’t extend the tax cuts, in effect raising taxes for 2011, it will make more sense to defer expenses into 2011 and accelerate income into 2010.

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PIB TIP: SLOW YOUR DECELERATION. Fuel is converted to wasted energy with hard and frequent braking, in which case much of the fuel you need to get up to speed again is lost. Safety experts recommend watching ahead a distance of 12 seconds to prevent having to react at the last second. You are less likely to need to engage the engine retarder in city traffic if the 12-second rule is followed. The Partners in ...

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PIB TIP: SLOW YOUR ACCELERATION. This will consume less fuel and be easier on the mechanics of your equipment. Accelerating slowly on hills or in the mountains is especially important because doing so helps reduce effects of gravity. Rapid acceleration creates premature wear on the engine, driveline and tires, and increases fuel costs. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and ...

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Pulse

The timing of any major year-end expenditure should be viewed in light of taxes.

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LogBook

The proposed national fuel economy and greenhouse gas reduction standards, electronic on-board recorders, CAT vocational trucks and a Hoover Dam bridge are among the trucking issues featured.

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PIB TIP: MAINTAIN TIRE PRESSURE. To reduce rolling resistance, check the tire air pressure in all 18 tires and fill them up at least weekly to the manufacturer’s specifications. The trailer tires may belong to your carrier, but why pay the extra cost of pulling a trailer with under-inflated tires? The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by ...

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PIB TIP: PERFORM REGULAR PM. Preventive maintenance ensures your truck is running efficiently. Check your current miles per gallon at each fill, and if it falls off, determine the reason. Check often enough to catch low oil, a dirty air filter or an air compressor leak. Don’t use a higher-viscosity oil than you need. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, ...

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PIB TIP: USE OF AERODYNAMICS SAVES MONEY. Use all-position tires on the rear, and make sure they’re the same tread as the steer tires. Match the sleeper package to the application: When you’re pulling a tank or flatbed, for example, a flat-top sleeper is the most aerodynamic option. Keep your gross vehicle weight as light as possible. Even if you make up for weight savings with heavy loads, you’ll improve the fuel economy per pound ...

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