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.
Fueling for the load vs. filling up??
Discussion in 'Ask An Owner Operator' started by F4T6UY, Mar 22, 2020.
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And no line, might have to wait to get the pump turned on, if she is making chicken
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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,
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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. -
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. -
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. -
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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. -
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