| truenorth energy, llc Selects FuelQuest Fuel Management System and ForeSite™ to Streamline Operations |
| Thursday, 12 May 2011 00:00 |
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Distributor and C-Store Operator Adopts Fuel Management Automation for Trucking Division
HOUSTON, TX – May 12, 2011 - FuelQuest Inc., the leading on-demand software and services company for the global downstream energy industry, announced truenorth energy, llc, a petroleum distributor and convenience store operator, has selected FuelQuest's Fuel Management System (FMS) and ForeSite. Established in 1919 as Lyden Oil, truenorth energy supplies petroleum to more than 320 stores throughout Illinois, Ohio, and Michigan through its truenorth Trucking subsidiary. They will use FMS and ForeSite to automate their fuel inventory forecasting, planning, and dispatching to reduce operating costs, increase fuel margins, and improve truck utilization.
"FuelQuest will provide us the fuel management visibility and scalability we need to support the growth of our business," said Mickey Conway, vice president of Trucking at truenorth. "After more than 90 years in business, greater automation will allow us to decrease fuel costs and improve utilization of our trucks."
FuelQuest powers the largest bulk fuel management network in North America providing its customers with an end-to-end solution that lowers the cost of procuring, managing, and accounting for fuel. FMS and ForeSite will streamline truenorth fuel operations enabling:
"FuelQuest is excited to work with truenorth on realizing a fuel management strategy that lessens the impact of volatile fuel prices," said Scott Cilento, senior vice president of operations at FuelQuest. "Regional companies like truenorth realize that fuel management automation can transform fuel into a competitive market advantage."
ABOUT TRUENORTH ABOUT FUELQUEST 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. Learn more at www.fuelquest.com.
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