Day 3 • Tuesday, September 23, 2008
If you want to ensure you recover every bit of your diesel price increases and keep a tight grip on procurement, you cannot miss this informative and creatively innovative speaker. Kevin manages a fleet delivering 180,000 loads a year with more than 13,000 trucks in 48 states. He’ll tell you how he:
- Stays ahead of DOE’s price changes.
- Increases efficiency when dealing with fuel vendors.
- Uses bulk purchasing to reduce costs.
- Got over the stage fright and hedges smartly.
- Drives down MPG costs.
- Reduces idle time.
- Retains drivers while cutting fuel use.
Prices can’t go higher — or can they? Oil industry veteran Rod Lawrence will draw a complete roadmap of the ULSD supply and demand landscape for the next year, and also five years out. Included in his forecast: diesel fuel and the impact of other distillates, the import/export picture, the growing influence of Asia, and a host of other factors that can dramatically affect your fuel costs.
Bonus: You’ll get a complete analysis of the challenges biodiesel faces and its future impact on the distillate pool.
Most analysts believe that biodiesel is here to stay. So, how does this affect your fleet, your business and your bottom line? Doug Haugh, from leading diesel and biodiesel supplier Mansfield Oil, will discuss the challenges and opportunities involved with the purchase, storage and use of biodiesel nationwide, from an independent marketer’s point of view. Doug will draw on his “real world” experience for his discussion of “The Good, the Bad, and the Ugly of Biodiesel,” and will convey some of Mansfield’s most important lessons learned about the biofuel, including:
- Why you should consider biodiesel.
- The benefits of biodiesel.
- The downside and costs of biodiesel.
- Specifications and quality control.
- How to handle and use biodiesel.
- The market outlook for biodiesel in 2008 and beyond.
2:15 – 3:45 p.m.
Doug Haugh, Executive VP, Mansfield Oil
Roger Simons, Vice Chairman and Senior Executive Vice President, Maxum Petroleum, Inc. (pictured)
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All fleet cards are created equal just like all fuel buying programs, right? Not so. Learn from our panel of experts how to get a program tailor-made to your needs and how to measure performance of your fuel purchasing systems. You’ll learn:
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Hear from two different municipalities — a state government and a local municipality. Each will walk you through how much they were spending on fuel, and how they dramatically reduced those costs by using the auction process to pool their business with other agency’s fuel needs. You’ll get a step-by-step education that starts from the “problem” phase and takes you through the strategy and finally the auction resulting in thousands of dollars in fuel costs savings for each municipality.
- Case Study 1:
How one large Southwest transit system saved close to $1 million in fuel costs. - Case Study 2:
Exclusive results unveiled from this summer’s commercial fueling auction.
Risk management isn’t a speculator’s game. It’s serious business for fleets who count fuel as their second highest and most volatile expense. No other cost center has a more chaotic effect on your profit margin than the diesel that’s the lifeblood of your vehicles.
Weather, supply disruptions, international events, the NYMEX — any wobble in each of these areas can affect your buying price — and your profit margins. Our expert, who manages risk for some of the largest fleets in the business, will take you through the principle instruments you need to understand to hedge your diesel fuel purchases successfully. You’ll definitely want to stick around for this entertaining and informative session!
© 2008 OPIS