FORT LAUDERDALE. One way to cut costs in the trucking industry these days is to take a "disciplined" approach to managing truck turnover and utilization. That's the lesson Air Products and Chemicals learned three years ago, and since then, Air Products reports it saved millions of dollars in operating expenses.

According to strategic sourcing manager Tim Tulio, the company runs about 55 million miles a year in North America and consumes nearly 10.5 million gallons of diesel a year. As is the case in most – if not all fleets – Air Products’ top costs are fuel, tires, and unplanned maintenance.

Air Products, which provides atmospheric and process gases and related equipment to manufacturing markets, operates a fleet comprising 500 day tractors, 100 sleep tractors, 85 micro-bulk tanker units, 2,000 tractors, and 400 light-duty pickup trucks.

During Fleet Advantage’s inaugural conference Changes in Attitude here in Fort Lauderdale, FL, Tulio explained how it tapped data collected and analyzed by Fleet Advantage to improve asset management whiled calculating a lifecycle cost plan for its vehicles.

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http://fleetowner.com/fleet-management/how-one-fleet-saved-millions-managing-its-assets?NL=FO-01&Issue=FO-01_20160212_FO-01_765&sfvc4enews=42&cl=article_2&utm_rid=CPENT000001088411&utm_campaign=4875&utm_medium=email&elq2=6aa114a7f8e14b85b39529049667bdb3