Earth Day (April 22) is an annual global event dedicated to promoting environmental protection and raising awareness about the importance of sustainability.
As the world is facing the looming threat of climate change, it is vital that individuals, communities, and industries come together to take action for a better future.
The transportation industry is paying attention and taking significant steps toward reducing its environmental impact, and corporate transportation fleets are prioritizing their ESG (Environmental, Social, and Governance) goals.
Corporate Transportation Fleets are also looking for new ways to bridge the gap to the future of alternative fuels and energies.
The push towards electric and other alternative fuel vehicles has been gaining momentum. Many asset management partners are investing heavily in research and development to make it a viable option for their customers. Organizations looking to evaluate their heavy-duty equipment types should work with their asset management partners to utilize data analytics and predictive tools to help identify areas where improvements can be made.
Analyzing data such as fuel consumption, MPG and vehicle maintenance costs for diesel trucks can help companies optimize their fleet and reduce their carbon footprint. By analyzing the Total Cost of Ownership (TCO) of your current diesel fleet, you can compare this to the potential costs of operating electric or hydrogen vehicles. Evaluating fuel and mileage data versus kWh and also including equipment cost, charging, cost of energy, grants, tires, etc. can help determine the TCO an electric vehicle over its lifetime.
The transportation industry is moving towards a greener future as they continue to explore alternative fuels and energies. With the help of data analytics, corporate transportation fleets can make informed and sustainable decisions that benefit not only the environment but also their bottom line.