Topic: Fuel Information
The TCS Fuel Card can be tailored to help trucking companies manage their fleet and stay in control of security measures. What’s most important about having the TCS Fuel Card? Well, certainly saving money on fuel is at the top of the list. So is making sure that there are limits on fuel, cash, products, and services.
Truck maintenance, specifically truck repairs, takes a huge chunk out of a trucking company’s annual budget. Next to fuel and purchasing a truck, it is the costliest aspect of running a trucking business. Repairs and maintenance swallow up about 10 percent of overall expenses, according to Truck Driver Institute. We’re talking about 12 cents per mile and $15,000 annually for airline/hoses, alternators, wiring, and brakes.
FAQs on the International Fuel Tax Agreement (IFTA) What is IFTA? The International Fuel Tax Agreement (IFTA) is an agreement between the lower 48 states and Canadian provinces to help simplify fuel tax reporting if you run in more than…