By Michael G. Malloy, Staff Reporter

This story appears in the March 9 print edition of Transport Topics.

Continued cold weather throughout parts of the United States pushed the diesel average price 3.6 cents higher to $2.936 a gallon, the Department of Energy reported.

Fleet Advantage’s Mike Spence said fleets moving to newer vehicles could save $300 or $400 a month in fuel expenses, in addition to lower maintenance costs. “You do not want to get locked into a vehicle you’re going to have to operate until it’s functionally obsolete, because you’ll spend a lot more than if you moved into a new vehicle,” said Spence, the company’s senior vice president of fleet services.

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