With Escalating Fuel Prices, Global Businesses Have To Face The Reality Of Increasing Costs To Their Fleet Management

Masterlease reports global vehicle fleets have seen their fuel bills rise by as much as a third in the last year, making fuel management a boardroom issue

Global vehicle fleets have seen their fuel bills rise by as much as a third in the last year according to research by international leasing company Masterlease.

With vehicle manufacturers’ continuous improvements in fuel efficiency now being swamped by escalating fuel prices, global businesses have to face the reality of increasing costs to their fleet management.

While average diesel prices have soared by a third in the last year, the story is not quite as grim for unleaded petrol – although globally it has still increased on average by 18% since 2007.

Despite the overall increase in fuel prices, the latest research by Masterlease shows some interesting differences between the countries. The most expensive countries to purchase fuel from are the UK, Norway and Sweden, although the price increases over the last year have not been as dramatic as in others.

At the other end of the spectrum, Australia remains the cheapest place to purchase fuel – although over the last twelve months the price of diesel has increased by 33%. However, the country that has endured the biggest price hike is Austria, with diesel prices rising a staggering 42%.

Masterlease carried out the survey in all 17 countries in which it operates to get a true picture of how much fuel is really costing global customers. The research was conducted in Australia, Austria, Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Mexico, The Netherlands, Norway, Poland, Portugal, Spain, Sweden and the UK.

As well as the global price hikes on fuel, one factor that has a big impact on global fleet fuel bills is the provision of free private fuel to company car drivers. In nine out of the 17 countries, this is a taxed benefit, while in five of the countries surveyed (Spain, Portugal, Italy, Greece and Australia), free private fuel is not taxed.

Nowhere is this more apparent than in Australia, where as one of the highest emitters of carbon in the world, contributing on average 27.54 tonnes to the atmosphere every year per person, many businesses are looking at measures to compensate by investing in formal carbon offsetting activities.

Nick Brownrigg, CEO of Masterlease Group, commented: “While the fuel issue may not be particularly new, the relative cost of fuel has been the biggest recent talking point in fleet management and it would come top, or close to the top, with every fleet decision maker, wherever they are in the world. As a result, the continuing volatility in fuel prices has emphasised the importance to the fleet industry of effective fuel management and accessibility of information to help control costs at every stage.

“It is important for global businesses to understand exactly how much they are spending on fuel across all of their country operations, so that they can look for cost saving opportunities.

Once there is an understanding about the total fuel bill, businesses should then consult an independent expert to advise them on how to reduce these costs. There are enormous benefits to businesses that can demonstrate efficiency in terms of meeting these challenges. It simply means more effective measurement of MPG, fuel and fleet costs, and to achieve this, businesses need to make fuel management a boardroom issue.”

About Masterlease Group
Masterlease is one of the fastest growing funding and vehicle fleet managementcompanies in Europe, offering business to business all makes full service car leasing.

With 15 operations in Europe and plans to expand into other countries, its strong geographic presence and consistent branding enables Masterlease to offer a cohesive service across the Continent. The company manages around 210,000 vehicles.

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Aeris Deploys Applications Of Vehicle Telematics

Aeris® Communications, the leading wireless communications service provider dedicated exclusively to the Machine-to-Machine (M2M) and telematics marketplace across North America, today announced the company has added an article exploring commercial vehicle telematics to its website.

The article provides an overview of commercial vehicle telematics, a system that utilizes wireless communication to manage remote assets such as vehicles, equipment and personnel. The full article is available for download at http://www.aeris.net/articles/commercial-vehicle-telematics.html

When implemented, commercial vehicle telematics can monitor automotive navigation systems, driver behavior, engine statistics, traffic and road conditions, and provide safety and security measures.

The article also includes an overview of practical applications of commercial vehicle telematics such as:

• Computerized Maintenance & Remote Vehicle Diagnostics
• Vehicle Tracking and other location-based services
• Remote Fleet and Asset Management
• Loss Prevention
• Hands-Free Feature Functionality
• Cold-Store Freight Monitoring

Commercial vehicle telematics provide an extremely useful, cost-saving, and liability limiting, logistics management tool for commercial fleets that transport goods or people.


About Aeris Communications, Inc.
Aeris® is the leading wireless communications service provider dedicated exclusively to the Machine-to-Machine (M2M) and Telematics marketplace across North America. Aeris has assembled and seamlessly integrated its top tier carrier partner networks through
AerFrame™ to provide customers with simplified, unified, reliable, and even customized network services for M2M and Telematics applications. Since 1992, Aeris has provided value to vehicle telematics customers by lowering the costs associated with development, manufacturing, distribution and operations, all with higher quality of service throughout the vehicle lifecycle. For more information, please visit aeris.net or call 1-888-GO-AERIS.

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Pioneer In Real-Time Visibility Enabled Yard Management Systems Recognized As Leading Innovator In Supply And Demand Chain Solutions

PINC Solutions, the leader in cost-effective yard management solutions based on real-time asset visibility technology, has been named by Supply & Demand Chain Executive Magazine among its 2008 top-100 providers of next-wave supply chain services and solutions.

The seventh year since its first publication, the Supply & Demand Chain Executive 100 is a select list of the best supply chain solution providers, consultants and other organizations that were helping lead the way in transforming companies’ supply and demand chains.

This year the magazine focused the criteria for its “100” feature on supply chain innovation. “Our readers turn to Supply & Demand Chain Executive to learn about new solutions and best practices for enabling the supply chain, to understand trends in supply chain technology, and to benchmark their own companies’ enablement initiatives with those of other enterprises across industry verticals,” explained Andrew K. Reese, editor of Supply & Demand Chain Executive. “The corporate executives and line-of-business leaders who rely on the magazine want to know what the different supply chain solution and service providers are doing to help them meet the challenges of the 21st century supply chain.”

“We are delighted that, once again, a leading industry publication has recognized PINC as a leading innovator in supply and demand chain solutions,” said Aleks Gollu, CEO of PINC Solutions“By focusing on solving the fundamental challenges, i.e., the lack of real-time visibility, common to the participants in the supply and demand chain, we have developed a unique asset visibility and management solution enabled by a revolutionary RTLS technology platform. Built on web-based application interfaces, PINC’s products are available as turnkey solutions with hosted systems and optional Software-as-a-Service (SaaS). With commercial deployments across North America since early 2006, these systems return their values through immediate efficiency improvements in customers’ daily operations, addressing the needs of companies regardless of their sizes.”

The 100 recipients of the recognition are featured in the cover story of the June/July 2008 issue of Supply & Demand Chain Executive, as well as online atwww.SDCExec.com/SDCE100.

About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.

About PINC Solutions
PINC is a privately held company headquartered in Berkeley, California. Its real time asset visibility and management solution, Yard Hound™, is deployed at industry-leading customers in manufacturing, retail and transportation sectors throughout North America. PINC’s clients include Fortune-500 businesses as well as leaders in the SMB segment. PINC has pioneered the development a unique RTLS platform using passive RFID, MEMS and other wireless sensors to determine the item position in real time, eliminating the need for heavy capital investment in the infrastructure. The Yard Hound suite of products is designed with a scalable architecture for businesses of any size, and is expandable with modular components as customers’ needs grow. For more information about PINC Solutions and the Yard Hound products, please visit www.pincsolutions.com

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