Fueling for the load vs. filling up??

Discussion in 'Ask An Owner Operator' started by F4T6UY, Mar 22, 2020.

  1. Rubber duck kw

    Rubber duck kw Road Train Member

    6,092
    17,685
    Dec 9, 2017
    0
    I've seen a 30 cent difference in fuel prices in a 1/4 mile. Just this week in Siloam Springs just on the Oklahoma side, there's a little Cenex station I believe it is and a Loves, 2 09 at the Cenex and 2.49 at the Loves.
     
    TripleSix and PE_T Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. MTN Boomer

    MTN Boomer Road Train Member

    1,157
    1,960
    Feb 4, 2019
    0
    And no line, might have to wait to get the pump turned on, if she is making chicken
     
  4. MTN Boomer

    MTN Boomer Road Train Member

    1,157
    1,960
    Feb 4, 2019
    0
    Usually at the start of the day or before parking, With an ELD it can take an hour at a J or Loves. Fill it up, cheap fuel, freight has been good,
     
  5. x1Heavy

    x1Heavy Road Train Member

    34,017
    42,135
    Mar 5, 2016
    White County, Arkansas
    0
    My routing is terrain based.

    The last time I went over a very steep grade it cost me approximately 30 gallons of the 60 remaining and created it's own problems.

    Company routing is not always better. IF they don't like it they can bill me.
     
    alds and skellr Thank this.
  6. femalecdla

    femalecdla Light Load Member

    172
    242
    Jan 3, 2018
    0
    Well, I must be the only one the fuels for the trip. I must admit, I don’t run like most of you. I run between 5am and 3pm only. The only times I run past 3pm is if I want to get that load there so I can get paid on it sooner, or I’m so close to delivery that it makes no sense to shut down at 3pm.

    With that being said, filling up my tanks makes it more challenging to correlate my expenses that come with that load. It’s easier for me to look at a load and factor in the fuel cost to determine if I should take that load or leave it. That may not make sense to some. But it’s easier for my accounting system for me to plug in the miles, figure the cost of fuel to run those miles, deduct that from any FSC, and arrive at what the profit will be. If the profit is below what I need to make per load, I leave it. But if I’m sitting on a full tank, I could be taking a load that’s not profitable for me to take. In addition, I have an APU that requires 1/4 of tank. So, when I’m at 1/4, I’m on empty. So, it’s easier for me to wake up fuel for my trip and go. By the end of my day I’m on 1/4 of tank enough to run my APU for the night.
     
  7. adayrider

    adayrider Road Train Member

    1,289
    1,732
    May 7, 2018
    0
    Maybe I'm missing something ( obviously I am) but what does it matter how much fuel is in the tank when you do your figuring? For accounting and you want exact cost of fuel to run that particular load. You would start with a fuel tank, run load then fill tank when done for an exact figure. Anything else is a guess no matter how close you are.
     
    Last edited: Mar 25, 2020
    PE_T Thanks this.
  8. PE_T

    PE_T Road Train Member

    It seems like you’re replying to the comment before yours. Frankly I don’t really understand his post, but what I do know is if I am heading to CA, I know that it is cheaper to fill up your tanks before entering CA. So if you’re going to be on I-40, you’ll be fueling in NM and/or AZ. This way you never have to buy fuel in CA, which we all know, the cost is through the roof. If someone buys fuel for the trip/load, you may be forced to buy fuel in CA. This is a problem for me.
     
    alds and adayrider Thank this.
  9. F4T6UY

    F4T6UY Medium Load Member

    567
    1,807
    Oct 24, 2017
    Very South Texas
    0
    I Think the whole mindset of running your business based off weekly settlement numbers is the expensive flaw I see a lot of people making. It could be costing you thousands per year.

    And I could be wrong, but that’s why I’m here, to understand if there is merit in some of the methods I see.

    And again, I’m just researching, I’m not an o/o, so these numbers could be fairy tale numbers, but just to put something out there:

    Let’s say you run 100k miles a year and get 7 mpg. And you pay an average of $2.40 a gallon filling up for the load instead of seeking the absolute best price to fill your tanks. But if you have a good fuel card and you search for the best price and find you can get your average price down to $2.15 a gallon, that’s a savings of $3500. Thats like paying yourself a couple extra weeks at the end of the year.

    Maybe I’m way off on that estimate though, but still, money is money.

    Not saying you don’t search for the best price, but it seems buying fuel to fluff the weekly numbers could blind you to the all important averages.
     
    alds and PE_T Thank this.
  10. MrEd

    MrEd Road Train Member

    2,196
    2,836
    Sep 2, 2011
    Winfred, SD
    0
    Seems to me fuel costs should be averaged out. You know what fuel costs are per mile. It doesn't really matter how much is physically in your tank. It matters how much it costs per mile. And if a couple of cents per mile fuel costs makes that big of a difference, you are running too thin of a margin anyway. Start looking for significantly better freight. I understand the old saying "look after the pennies and the dollars will take care of themselves" but still.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.