- Published on Wednesday, 20 October 2010 06:00
The Northeast’s Largest Convenience Store Enhances Fuel Replenishment Capabilities
HOUSTON – October 20, 2010-- FuelQuest, Inc., the leading on-demand software and services company for the global downstream energy industry, announced a new agreement with The Cumberland Gulf Group of Companies, the largest convenience store and petroleum marketer in the Northeast. Under this agreement, Cumberland Gulf will utilize ForeSite, decision support software for automated fuel management. ForeSite will provide real-time, map-based inventory views of over 950 sites across 11 states.
Inventory Monitoring – Real-time inventory status and forecasting with automated data capture
Exception Indicators – Early warning indicators of non-compliant inventory conditions
Geographical Mapping – Map-based view of fuel inventories and suppliers
OnboardNow – Rapid deployment with little to no IT investment.
FuelQuest provides on-demand fuel management, tax automation, and compliance solutions for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest's solutions deliver operational and financial value to over 750 customers. These customers include leading global oil companies, international retailers, shippers and government entities. FuelQuest's fuel management solutions help customers manage the complexity, regulation and market volatility for more than 17 billion gallons of gasoline and diesel fuel annually. Its Zytax solutions ensure compliance and accuracy for tens of billions of dollars of energy-related excise taxes per year. For more information, please visit us at www.fuelquest.com.
Cumberland Farms, Inc. is committed to providing its customers with value, convenience and unparalleled service. Its network of retail stores, gas stations, and a support system including petroleum and grocery distribution operations spans 11 states across the Northeast and Florida, making it the largest convenience store and petroleum marketer in the Northeast.
Gulf Oil LP is one of the Northeast's largest wholesalers of refined petroleum products. Gulf distributes motor fuels through a network of more than 1,800 Gulf branded gasoline retail centers, 12 proprietary oil terminals and a network of more than 50 other supply terminals. It supplies heating oil, diesel fuel, jet fuel and kerosene to these branded retail outlets through both its Gulf brand and, in the seven states of New England and New York, the Exxon brand. Through its unbranded subsidiary, Great Island Energy, Gulf Oil also supplies petroleum products as well as risk management and financial services to industrial, commercial and independent retail firms.