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How to maximize fuel economy

May 17, 2022
Drivers are a key factor in managing a vehicle’s fuel economy. The industry should reevaluate the way it recruits, trains, and compensates drivers.

If fleet managers are to focus their efforts on any one cost component, it must be fuel. It amazes me that today’s technology Class 8 tractors pulling full loads can achieve over 10 miles per gallon. Even more amazing is that the vast majority of fleets cannot even achieve 8 miles per gallon.

We are all singing the praises of battery-electric vehicles (BEVs) and the fact that they effectively achieve zero emissions. Fuel economy is not even in the conversation; it’s all about charging and charging infrastructure. BEVs and alternative-fuel vehicles are the future. But let’s face the facts: BEV technology for heavy-duty trucks (Class 8s) will not be able to replace the current long-haul diesel tractors for quite some time. So, if you are looking to bring BEVs into your fleet, you need to focus your efforts on Classes 1-6 vehicles. However, for long-haul applications we all need to focus on how to achieve the highest fuel economy possible.

See also: Truck OEM execs talk EV charging infrastructure pain points

The No. 1 factor that controls fuel economy in any vehicle is the driver. Reevaluating how we recruit, train, and compensate drivers—the most important aspect of our operations—will dramatically increase fuel economy and yield massive savings. 

In a recent interview, I was asked about the driver shortage and how the industry could address the issue. The answer was simple: We need to lure the human resources needed from other industries by focusing on respect, benefits, and compensation. The pandemic presented a unique opportunity for the trucking industry, and we need to ride the wave of respect for truck drivers developed during those years, when the world realized that truck drivers are needed now more than ever.

Respect is something that is earned, and as part of any training program, fleets must focus on professionalism. Airline pilot training programs constantly drill processes, procedures, rules, and regulations. The amount of time and money invested in becoming a pilot is astronomical, and interestingly, the initial compensation package for a commercial airline pilot is equal to or less than that of a qualified truck driver. Even more interesting is that a truck driver will interact with far more people in a day of driving than an airline pilot will transport around the country.

We all owe a debt of gratitude to professional truck drivers, not only for delivering the goods we need every day, but for helping to keep us safe on the road. This mindset and level of respect is a recruiting tool. It will lure human resources away from other industries by showing new recruits how important it is to drive a truck.

Compensation and benefits are also keys to success. Here is where we can drive the behaviors that will increase safety and reduce fuel costs. Many jobs have performance-based compensation. If you want to achieve maximum fuel economy, you will need to compensate your drivers for success. A half-mile increase in fuel economy in a 75,000-mile-per-year application results in a savings of about $3,500 per tractor. Even if we paid the driver 20% of the savings as a performance bonus, we are still saving $2,800.

The numbers don’t look like needle movers on a per-truck basis, but if you have 100 trucks in the fleet, the savings add up quickly. The math on going from 7 to 10 mpg is a needle-mover for both the company and the driver. 

How do you sustain this type of program? The answer is simple: The baseline is the fleet average and success above the fleet average is what should get rewarded. 

Compensating drivers for helping you get more from each gallon of diesel—especially now that the cost of diesel is at an all-time high—is just smart business.

Patrick Gaskins, SVP of Corcentric Fleet Solutions, oversees both sales and operations for the company's fleet offerings. Gaskins joined the company in 2010, bringing more than 30 years of experience as a financial services professional in the transportation industry. He leads a team that works with a supply base of more than 160 manufacturers to help the country’s largest fleets manage all aspects of their fleet operations and fleet-related spend.

About the Author

Patrick Gaskins | Senior vice president, Fleet Solutions

Patrick Gaskins is a financial services professional serving the transportation industry for over 30 years. Gaskins earned his BBA in Finance from the University of Miami, FL in 1989, and received his CTP certification from the National Private Truck Council in 2002. He has held positions with GE Capital, TCF Equipment Finance, and various small independent lessors. 

He began his career with Corcentric in 2010 as Vice President of Financial Services, was promoted to Senior Vice President of Sales and Operations, and is now taking the role of Senior Vice President, Fleet Solutions.  In his new role he will lead Corcentric’s Captial Equipment Solutions, Fleet Procurement, Supply Management, and Remarketing teams. Gaskins will bring to the Fleet practice his expertise in developing data driven solutions to complex transportation transactions, driving efficiencies, and reducing expenses for Corcentric’s customers.

The Fleet Solutions practice leverages technology and the purchasing power of over 1,700 member fleets operating approximately 800,000 assets to provide its members with access to cost effective national account purchasing programs, fleet financing, asset management, and remarketing services.

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