Independent owner-operators must do everything they can to lower costs in order to compete with larger carriers. One of the ways I've helped myself on fuel costs is joining the National Association of Small Trucking Companies (NASTC) and taking advantage of their Quality Plus Network for cost-plus, retail-minus or marquee price discounts at a network of vetted stops. With NASTC, you're joining a co-op of sorts with other small fleets and owner-operators, which pools your buying power. Using the fuel card gets you discounts more or less where the mega-fleets are purchasing fuel. I think it's also nice that you don't ever have to wait for a rebate -- the discount is applied when you pay. 
 
NASTC's Daily Fuel Hedge is another feature of their fuel program that can help you spot trends in where is going. Generally, when prices on the decline, the in-network discount for purchases tends to be greater.
 
NASTC also offers on its website a listing of in-network fuel stops and lists current prices (updated daily) with and without fuel taxes in order that you can see the real price of the fuel to help optimize real costs. You can also look at tomorrow's, yesterday's and current prices at all network stops.
 
They have many other services that can benefit your business -- from programs to help you manage compliance, software to track and manage the business, and many others.  Find them at www.nastc.com.
 

Comments (3)

Henry Albert

Henry Albert is the owner of Albert Transport, Inc., based in Statesville, NC. Before participating in the "Slice of Life" program, Albert drove a 2001 Freightliner Century Class S/T™, and will use his Cascadia for general freight and a dry van trailer. Albert, who has been a trucker since 1983, was recognized by Overdrive as its 2007 Trucker of the Year.

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I'm glad these type of organizations exist to help smaller fleets and owner operators, they do make a big difference in your bottom line. Sadly I don't believe I can benefit. I rarely (maybe once a year) buy fuel at a truck stop or larger type fueling facility. Most of the time I have to buy fuel at very small mom and pop service stations way off the beaten path where they only sell all tax diesel and the price is hiked up to a premium. Other times the fuel is trucked out to fire camp and we purchase it directly from the fuel supplier, again at full tax and premium prices. I set my rate in February or March and hope for the best when it comes to fuel prices. It works since I buy a fraction of the diesel that typical O/O's buy in a year.

November 07, 2013 10:20:43 AM

I am also a member of NASTC.

November 07, 2013 6:48:58 AM

I am also a member of NASTC.

November 07, 2013 6:48:12 AM