Fuel Savings

The Difference between Cost-Plus and Retail-Minus Fuel Savings

In trucking, there are two key ways to save money on diesel fuel: “cost-plus” and “retail-minus.” Which approach will save your company more money? The answer depends on market conditions and what parts of the country your fleet serves.

With the retail-minus pricing structure, drivers pay the posted pump price at a fuel stop. That retail price includes the cost of the fuel, taxes and a retail margin covering all expenses of doing business. The “minus” is the negotiated rebate that your fuel card provider pays you later on gallons you purchase.

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All Over the Map: Why Fuel Prices Vary Across the Country

It is a well-known fact in the trucking industry that prices on diesel fuel are different in each state and often in each city. You may wonder why fuel prices vary so greatly by region or section of the country. Taxes are a major reason, but there are other factors as well.

Below are five key reasons why fuel prices can be vastly different from one stop to the next along your route:

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Fuel Discounts and Other Ways to Save Money

Booking loads is just one part of operating a successful trucking fleet. The other part is controlling costs. When starting your own company, you need to take advantage of every available opportunity to save money on your expenses.

One of your first steps should be to sign your fleet up for a fuel card. In addition to saving you money at the pump, many fuel cards offer discounts on other products and services that trucking companeis rely on. 

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