Episode Details

Our guest on this week's episode is Vikram Sekhon, CEO and co-founder of Piston. Diesel fuel costs have nearly doubled this year, largely driven by the impacts of the war with Iran. Whenever costs get more expensive, people are tempted to lessen the pain by stealing fuel. It’s done in a number of ways, but mostly comes from fraudulent use of corporate fuel cards. Our guest runs his own fleet of trucks and also operates a fuel payment company. He discusses how widespread of a problem fuel fraud is and ways to prevent it. 

Freight transportation is one of the main contributors to greenhouse gases. Fortunately, it’s really not rocket science to solve this problem; there are effective solutions to reducing emissions, like using electric vehicles or alternative fuels.
However, a survey we saw this week showed that the more difficult part of the puzzle is how to use those options and still make a profit. We share details on that survey and what it means for creating greener fleets.

The move to reduce emissions not only occurs on our nation’s roads, it is also found on the high seas. A new report shows that more than 500 dual-fuel containerships and vehicle carriers are operating around the world, with the total investment in dual-fuel ships both delivered and on order surpassing $200 billion. That’s according to data from the World Shipping Council, released this week; it’s from the group’s Dual-Fuel Fleet Dashboard. We share more statistics and what is being done with reducing the emissions of maritime fleets.

Articles and resources mentioned in this episode:

• Piston
• Road freight operators try to cut emissions but customers won’t pay.
• Dual fuel fleet tops 500
• Visit DC Velocity
• Visit Supply Chain Xchange
• Send feedback about this podcast to podcast@agilebme.com

This podcast episode is sponsored by: ID Label