A company with a 3 000-strong fleet of vehicles, based mainly in Gauteng, this year paid between R400 000 and R500 000 a month extra on its toll fee bill, owing to the start of e-tolling on the Gauteng freeway network at the end of last year, said Standard Bank fleet management head Dr David Molapo on Wednesday.
Increases in the price of fuel, the biggest single operating expense in fleet management, had seen the average fuel cost per transaction of Standard Bank fleet customers increase from R515 in January 2010, to R890 in April 2014.
This was a 73% increase, pushing the average cost of running a vehicle to more than R4 000 a month.
In the current environment of rapidly rising costs, only fleet managers who increased efficiency would stay afloat, emphasised Molapo.
By: Irma Venter
