How fleet managers can mitigate costs in the face of fuel price hikes
The Minister of Finance’s recent announcement in his budget speech regarding the increase in the carbon fuel levy and the forthcoming proposal for the second phase of the carbon tax is poised to have profound implications for the fleet management industry. The hike in carbon fuel levies for petrol and diesel will inevitably escalate the operational costs of fleet management companies. With the surge in fuel prices, organisations will grapple with heightened expenses in fueling their fleets, potentially resulting in diminished profit margins unless counteracted by strategic cost-saving measures.
