Iran and Your Truck

Oil is the lifeblood of the transportation industry. It's not often that we take on controversial topics, but this is one that impacts every driver and fleet around the world. Thirty-three percent of all seaborne traded oil moves through the Strait of Hormuz, which Iran is threatening to shut down if additional economic sanctions are placed against them.

What does this mean for you? Oil prices have already risen over 2.5 percent since Iran made their announcement. Higher oil means increased diesel prices and operating costs.

Never fear though, the same technology that helps cut speeding incidents, helps save fuel too. It's no secret that the faster you drive, the more gas you use. We've talked about it before, much like the United States cut speed limits during the 1970s oil embargo to reduce fuel consumption, you can take action to reduce your fuel needs by controlling speed and monitoring those drivers traveling above speed limits.

Let technology help protect you from fuel costs today and in the future.

This entry was posted on January 9th, 2012 by jhubbard and is filed under Recent News & Updates.