Most people in the transportation industry have at least heard of IFTA (International Fuel Tax Agreement), but there is a lot of confusion regarding the rules. IFTA is one of the many regulations fleet owners must be aware of to ensure their operations are in compliance with the law. The responsibility for understanding and abiding by regulations often falls on the shoulders of fleet managers or owners of small fleets. With this step-by-step guide, fleets will better understand IFTA reporting regulations, what they entail and how to remain compliant.
4 min read
Unlike other fueling options, universal fuel cards enable drivers to use almost any gas station in the U.S. to fill up their vehicle. While some fleet managers assume there is an added cost for this convenience, compared to discount networks, there can also be potential savings with this type of card product once all fleet costs are considered.
5 min read
The Commercial Fueling Network (CFN) is a collection of cardlock fuel sites designed specifically for commercial fleets. As such, these locations offer several advantages for businesses that other stations do not offer. These advantages range from discount prices to locations designed for larger vehicles. For many of these locations, you can only access with your CFN fuel card. Below, we cover four of the biggest advantages you can expect when using these sites.
3 min read
Fuel taxes comprise at least 20% of the price per gallon. While federal excise taxes are just above $0.18 and $0.24 per gallon for gas and diesel, respectively, diesel fuel taxes and gas taxes by state vary. The collection of these taxes is intended for the repair and maintenance of our roads and highways which is critical for commercial trucking fleets. But what about fleets and businesses that have off road equipment? These companies have two options. They can use a fuel card to purchase off-road diesel which doesn't include fuel excise taxes or apply for a fuel tax refund.
Topics: IFTA/Taxes Fuel Cards
4 min read
There are many factors to consider when choosing a universal gas card for your business. It should be convenient for your drivers, have a fee structure that is straightforward and fair, and offer protections against misuse and fraud. But with so many different options available, it can be hard to decide which one is the best fit. So what sets these cards apart? Here are the top ten benefits that a gas card can offer your business:
64 min read
For companies operating in California, it's especially important to take advantage of the tax savings of red dyed diesel. The program allows you to purchase fuel for off-road use, and exempts you from paying the on-road taxes from the moment of purchase, rather than filing for a refund later.
5 min read
One of the biggest challenges business fleets face is keeping things running smoothly despite driver turnover. Especially in the trucking industry, your management team must prepare for fluctuations in staff. Research shows that nearly one-third of new drivers will quit in 90 days, and half within the first six months of joining a new company. Preparing for this inevitability will help reduce stress and secure your fleet despite driver turnover!
Topics: Drivers Fleet Management
5 min read
Business gas credit cards can simplify things for your drivers, but they also have a positive effect on almost every department in your company. By minimizing the work needed to track fuel spending, monitor employees, and file taxes, these cards allow your team to devote more time to the efforts that matter most.
Topics: Fleet Management
7 min read
For businesses that are considering a fuel card program, the term CFN has probably come up in searches and conversations. For fleets of all sizes, this is one of the most popular options to consider. It supports businesses along the West Coast and provides discounts at over 3,000 locations. Learn more about how CFN fuel cards save you time and money.