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CFC clams 10% fuel costs saving despite rising prices

Date: 29 January 2010

Company vehicle software house CFC is claiming efficient fuel management practices could save fleets between 5-10 per cent, despite widely predicted rises in pump prices this year.

Managing director Neville Briggs said many fleet operators believed that they could not reduce fuel bills, but that with the Petrol Retailers' Association predicting that unleaded prices would rise from 108p to 123p per litre by the end of this year, this view could be challenged. 'Now could be the time when they can push for genuine change. The fuel price increases being forecast are considerable and, combined with the pressure for cost cutting created by the recession, they may finally win director level backing,.' he said.

Briggs claimed that fuel cards linked to fleet software brought control over where fuel was bought, reduce fraud and provided monitoring fuel usage of individual employees, allowing MPG targets to be set and providing data to back initiatives such as car sharing.