Monday, March 24, 2008

Diesel Prices Putting Fleet Operators in Chokehold

Came across an article in the Milford Daily News today about rising diesel prices and I thought this particular owner-operator's situation really exemplified the recent struggles of both owner-operators and large fleets:

"James Luke gets four miles to the gallon when his truck is fully loaded, and with prices of diesel fuel pumped up to $4.15 a gallon, he said he's ready to pack it in.

'I can't make any money,' the owner-operator truck driver said yesterday at the Massachusetts Turnpike Service Station at Rte. 128 in Weston. 'I won't tell you no lie. I left Des Moines, Iowa, Thursday night and stopped for gas in Indiana, Ohio and New Jersey, and paid a total of $1,600.' "

For the full article, click here.

With diesel prices reaching an unprecedented U.S. national average of over $4 per gallon, owner-operators are being forced to work for little to no financial gain, while companies with large fleets are seeing profits plummet as diesel prices continue to skyrocket.

With no clear end to the diesel price hikes in sight, fleet managers are looking for solutions of any kind- even resorting to pursuing some gimmicky products that previously did not warrant their attention. There is a clear danger to being too open-minded to the fuel efficiency products offered in today's market. Everything from fuel tank "pills" to magnets that "optimally align fuel molecules for maximum combustion" to additives containing metals have hit the market and are being offered by companies with little credibility. But, desperate times call for desperate measures, so fleet managers are being duped over and over again.

Where is there an efficiency product with market credibility, proven effectiveness in real-world application, many current high-volume users (with data to back up the product's claims), and nearly $10 million worth of certified lab testing?

International Fuel Technology and its DiesoLIFT line of surfactant based additives have made a significant impact for many large fleets. Even before the recent rise in diesel prices to over $4 per gallon, DiesoLIFT was being used at Schnucks Markets (a fleet of 100+ trucks) and delivering 4-6% fuel economy improvements, significantly reducing the company's annual fuel expenses. The recent rise in diesel prices only make DiesoLIFT more valuable to users today, while the unit price of the product remains constant.

To learn more about DiesoLIFT products and IFT's "Zero-Risk Evaluation Period" for large end users, please contact Paul Lee at plee@internationalfuel.com

Find out why large fleets are continually turning to IFT for the best fuel efficiency solutions on today's market. Find out how to burn less and save more as a result.
Posted by Paul Lee at 10:40:05 | Permanent Link | Comments (2) |

BD-3 Breakthrough

This is an excerpt from the recent press release announcing the completion of development and testing for IFT's newest and most effective product for fuel stability in biodiesel and biodiesel blends, DiesoLIFT BD-3:

DiesoLIFTTM BD-3, IFT’s proprietary fuel additive formulation for use with bio-diesels and bio-diesel fuel blends, has recently been introduced, following an extensive research and development program and subsequent testing that have demonstrated that DiesoLIFTTM BD-3 is the top performing fuel additive technology for addressing oxidation stability and deposit formation in bio-diesels and bio-diesel fuel blends.

DiesoLIFTTM BD-3 has been compared in performance to BHT, the antioxidant commonly used in the industry and market’s top performers in pure bio-diesels (B100) and B5 and B10 bio-diesel fuel blends. Test procedures included the EN 14112 Rancimat Oxidation Test, ASTM D 4625 Storage Stability Test and ASTM D2274/ISO 12205 Oxidation Test, ASTM D130/ISO 2160 Copper Corrosion Test, EN 12662 Contamination Test.

Results from the tests demonstrated that DiesoLIFTTM BD-3 exceeds the performance of any other bio-diesel fuel stabilizer in the marketplace today.

In summary DiesoLIFTTM BD-3:

-Protects bio-diesel blends against oxidation, degradation and performance drop

-Extends storage stability

-Allows bio-diesel to meet and exceed current standards and specifications

-Provides additional protection against metal contamination

-Confers fuel efficiency and emissions control performance to bio-diesel

-Is in liquid form, thus simplifying application and usage

-Is the top performing fuel additive technology for addressing oxidation stability and deposit control in bio-diesel fuel blends

Please visit our web site (www.internationalfuel.com, under Products – DiesoLIFTTM BD-3) for a full technical paper on DiesoLIFTTM BD-3."

 

 

Ensuring biodiesel quality has been a top priority for both biodiesel producers and consumers around the world. Yet, stability issues have continued to negatively impact many users, sparking a search for solutions of any kind. IFT recently tested DiesoLIFT BD-3 against a panel of the top competing additives in the market and it clearly outperformed all additive products, delivering unparalelled stability improvements to biodiesel and biodiesel blends.

With the growing demand for stability additives from biodiesel producers, biodiesel marketers, and end-users, the timing of the development of DiesoLIFT BD-3 could not be any better.

For more information on DiesoLIFT BD-3, please contact Paul Lee at plee@internationalfuel.com.

Posted by Paul Lee at 09:33:17 | Permanent Link | Comments (0) |