Every April, drivers experience road conditions related to the cliché weather pattern of, “April showers bring May flowers.” People might not know that April is Distracted Driving Awareness Month and according to the National Safety Council (NSC), the main reason for distracted driving is the use of cell phones while behind the wheel. Nationwide nearly 1.6 million crashes each year can be attributed to cell phone use while driving. In 2017, the NSC reported that for the 2nd consecutive year motor vehicle deaths surpassed 40,000. Although advanced technologies have made cars safer than ever in recent years, unfortunately the number of vehicle crashes and fatalities are still on the rise.
A little over two years ago, the sales and supply team here at Guttman Energy began writing blogs about the energy markets and the fuel industry. Over that time, the blogs have contained a plethora of useful knowledge and industry buzzwords. We are here to help you navigate the world of energy lingo and provide definitions of what we would consider “buzz” words of the industry.
The demands of operating a trucking company can sometimes be overwhelming. Navigating the various laws and compliance rules can be onerous and time consuming, in addition to the fact that many trucking company owners are not well-versed in the tax laws surrounding the transportation industry. In conversations I’ve had with owners of small to medium size fleets, one thing that has stood out as a blind spot to these businesses is their ability to file for a refund on the diesel fuel purchased for use in their refrigerated units. Additionally, any fuel that you purchase for the vehicle that is not used to propel said vehicle is eligible for this tax refund, such as fuel for an off-road vehicle or other auxiliary engine.
In the age of credit cards and pay at the pump technologies, criminals have found ways to take advantage of unsuspecting hard working motorists. Sir Isaac Newton famously said, “For every action, there is an equal and opposite reaction”. We certainly feel the effects of this relationship in our daily lives. Modern day criminals invented rudimentary skimmers, which is a small device installed directly on the credit card machine or pump. The balance.com, a website devoted to the world of banking explains, “When a credit or debit card is swiped through a skimmer, the device captures and stores all the details stored in the card's magnetic stripe. The stripe contains the credit card number, expiration date and the credit card holder's full name. Thieves use the stolen data to make fraudulent charges either online or with a counterfeit credit card.”