Natural Gas vs Liquid Propane Gas for Your Forklift Fleet

Natural Gas vs Liquid Propane Gas for Your Forklift Fleet

A majority of forklifts equipped with internal combustion engines run on gasoline, diesel or liquid propane gas (LPG). Some forklifts are equipped to run on compressed natural gas (CNG). Which gas is better for your forklift fleet? There are a few factors to take into account:

Availability- LPG is more widely available than CNG. LPG is in higher demand since it is used for other purposes, such as gas grills, and filling stations are common. Filling stations for CNG are sparse in some areas of the country and can be difficult to find. Often warehouses need to set their own CNG refueling stations.

Cost- Since LPG is in higher demand, it is more expensive than CNG. The cost of LPG can be upwards of 50% more than CNG. CNG prices can also widely vary depending on its availability in certain parts of the country. For example, the number of CNG filling stations in California greatly outnumbers the ones in Florida. LPG is commonly found in all areas of the country and therefore prices are more consistent.

Environment- CNG has considerably lower emission levels than LPG. Propane produces about 1.40 grams per mile of carbon monoxide, reactive hydrocarbon, while natural gas produces only .01 grams per mile. Forklifts that run on CNG are also almost 50% quieter, meaning less noise pollution and a safer operating environment.

From a cost and convenience factor, liquid propane gas is the best option. That does not mean you can’t be environmentally conscious. Proper use and lifecycle management of your forklift fleet is vital to keeping your costs low and creating value through efficiency. A plan can be developed that will make your forklift fleet run more efficiently, thus producing lower emissions. By having your entire fleet managed through every step of the lifecycle, you can save your business tens of thousands of dollars while lessening your carbon footprint.

We're Here To Help

Our customers are at the center of everything we do. HCO knows that many of you are navigating unprecedented challenges and we’re here to help.

The current economic environment has created stress on many of the core industries that this country relies on to thrive.
- Corporate liquidity is at a premium and the management of your balance sheet is critical.
- Bank and vendor leasing for equipment is tightening as corporate credit ratings are in flux and lenders are focused on securing their own capital.

HCO is leading through this disruption with customized forklift fleet programs that allow companies to 1) replace fleet assets and 2) service those assets without relying on banks or vendors for leasing. Our managed service programs allow companies to secure assets and service programs with no upfront capital, and no end of term lease obligations. We are reinventing the way companies access equipment and service. Please reach out to discuss whether this would be valuable to your company.

As we execute our business continuity plan, we will rely on the guidance from the Center for Disease Control, federal, state, and local governments to guide our decisions to keep our employees and our customers’ employees safe. We are committed to continuing to provide clients with our valuable services.

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