Abstract: It is pointed out that fuel costs are the biggest and most volatile equipment related expense in a fleet manager's budget, and the quickest payback on lowering those costs is through the driver. It is described how the driver fuel economy incentive programs were terminated in the 1980s because of administrative cost burdens. Those programs that survived continue to rev up big savings for their companies. Examples of such programs are described in the article, and it is shown how the most elaborate of the programs evolved into integrated pay for performance programs that weigh in on the plus side of driver hiring and retention efforts. Fuel economy incentive programs help reduce fuel cost per mile and provide other intangible benefits, like reduced accidents, fewer cargo claims and better care of equipment.
Publication Year: 1993
Publication Date: 1993-04-01
Language: en
Type: article
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