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by Pavel Botev
IFTA has finally finished, or has it just begun again? As a carrier, the IFTA (International Fuel Tax Agreement) cycle never really ends, it just restarts every quarter; which makes accurate tracking of fuel usage throughout the three months crucial. If it isn’t, carriers risk filing incorrectly, which can lead to fines, audits, and potential loss of license. The carriers who’ve avoided these must check their IFTA reports thoroughly–down to the last mile and MPG–because carriers need to be able to know exactly what fuel was used where, when, and at what rate.
The need to constantly track the rate at which you use fuel is arduous and doesn’t feel like it’s worth the effort needed to do it successfully. Carriers who fall into this trap of a mindset are putting their freight business at risk.
Understanding when your vehicle falls out of the average range of MPG can be even harder to tackle than fuel usage. Starting today, our carriers receive an alert when they breach above/below 7.5 and 5.5 MPG. Now you have the information you need at the moment when the fuel consumption rate is not in line with your standard, not when you are compiling your report at the end of the quarter.
Resolving the issue of misreported fuel consumption is now quicker and more streamlined than consistent manual check-ins. This makes your IFTA report more accurate, allowing you to be more specific with how fuel was consumed/spent in a fraction of the time it used to take you.
About Kamion
We are logistics lifers obsessed with making carrier lives easier through technology. We give small and mid-sized fleets access to an Intelligent Trucking Platform so they can make sense and actually use their own data to improve operations. This means easy planning, zero-effort tracking, stress-free dispatching, no more safety headaches, and dedicated Carrier Consultants to guide you along the way. For more information, please visit: kamion.io.