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( votes)For most businesses, profits are only determined after accounting for all the mandatory expenses. It may include employee salaries, costs of the raw materials, inventory costs, and several other expenses.
Having said that, one of the most important
expenses, particularly for the companies that need transportation facilities,
is the cost of fuel. Running errands, making trips to fetch the raw materials,
and also to deliver the finished products, are some of the broader expenses
included.
However, with quite the pace of development
that modern technology has on offer, there’s an easy solution. Especially the
businesses that have their own fleet of transportation vehicles such as trucks
and trailers can easily manage and reduce the cost of fuel with this solution.
The solution is a portable fuel tank.
Significantly, businesses can now manage their
fueling costs, generate reports, and keep a check on the overall profitability.
Here are some key benefits that trucking businesses can achieve using a
portable fuel tank.
Save
Trips To The Fueling Station
Of course, whenever a truck needs a refill, it
would need to make a trip to the nearest fueling station. However, there’s no
defined radius for the nearest station. It could be several miles away from the
fleet’s resting site or just around the corner. Regardless, every trip would
mount up to additional fuel costs for getting a refill. Instead, having a
portable fuel tank right at the fleet’s location can
save these expenses. And in return, an easy increase in profitability can be
expected.
Keep
Track Of Fuel Consumption
Another benefit of having a fueling station
right within the premises is easy reporting. Of course, the business owners can
now easily draw out reports without having to visit the outsourced or partnered
fueling station at the end of every month. In addition to this, the business
owners can now easily keep track of the consumption and avoid any discrepancies
in the reporting. Thus, mitigating the unknown losses.
Compatibility
With Different Fuels & Fluids
Most of all, a portable fueling station can be
made compatible with more than one fuel. For example, if the fleet contains
diesel, petrol, and gas vehicles, the same fuel tank can be used for all. There
are available models that have separate chambers within a single construction
unit. In other words, a single unit tank can be used to store several fuel
types. Or otherwise, separate smaller tanks can always be bought for different
fuels depending on the necessity. Subsequently, there’s no need to figure out
different solutions for just one need- refueling.
Most probably, you need no more convincing for owning a mobile refueling station for your trucking business. However, the next thing that you may struggle with is what should you be considering when buying a fuel tank.
Things
To Look For When Buying A Portable Fuel Tank
Of course, there’s no single make or model for
portable fuel tanks available in the market. Subsequently, it can get
overwhelmingly difficult to choose the right fit for your requirement. But
thankfully, we have a few key features that can help you find a perfect
refueling tank for your fleet management.
- Ensuring The Built Quality
One
of the first and probably the most important feature that you must look forward
to is the quality of the tank. There are several materials like polymer and stainless steel that are commonly
used for making these tanks. That being said, all the materials have different
properties and can affect the quality of the stored fuel. Moreover, the type of
material can also affect the safety of the premises, as a weaker material can
cause fuel leaks, which may lead to fire accidents. Therefore, endure that you
choose a tank that can be used under all conditions and is sealed properly to
withstand high fuel pressures. It is important that you consider the pressure
resistance because fuels are volatile and tend to increase the internal
pressure of the tank. And if the tank couldn’t withstand high pressures, it may
burst and cause fatal accidents.
- Figuring Out The Capacity
The
next thing to consider is, of course, the capacity of the tank. Ideally, you
must consider buying a tank that can at least fulfill a single refill for all
your fleet. But, of course, depending upon other needs you can look for a
higher capacity tank. That being said, the capacity of the tank should not be
any lesser than the total tank capacity of at least two-thirds of your fleet.
After all, the primary reason you’re buying a tank is to reduce the cost of
getting frequent refills for your fleet. And if you’re tank is too small, this
purpose is indeed unserved.
- Installation Requirements
Another
thing that’s quite important when making the purchase decision is the
installation requirements for the tank. There are tanks that can be mounted on
to a trailer, and then there are those that need to be fixed at a site. And
both have their own benefits. For example, if you consider buying a portable
fuel tank, you can also send it to refuel your fleet remotely. On the other hand,
if you have a fixed standby tank, you can store much more fuel than a portable
one. That being said, you can also look forward to getting both options, if you
find the necessity.
- And Of Course, The Budget
Lastly,
no purchase is surely independent of the budget. So, when buying a fuel tank,
be it a portable one or a standby one, you must keep track of your budget.
Usually, the cost of the tank depends on the type of material, tank capacity,
and also additional features that come along. So, you can easily optimize your
purchase for your needs according to your budget.
A fuel tank is undoubtedly the most beneficial
investment that a business could make, particularly when transportation is an
indispensable part of it. With imminent benefits in helping increase the
profitability along with ensuring a better quality of the fuel, transportation
businesses can expect higher returns on their investment.
The post Increased Profitability for Trucking Businesses: Portable Fuel Tanks appeared first on ERP News.
