HOUSTON, TX--(Marketwire - Feb 20, 2013) - FuelQuest Inc., the leading on-demand software and services company for the global downstream energy industry, announced today a five-year contract with C.R. England, Inc. of Salt Lake City, Utah. C.R. England is one of North America's largest transportation companies and the largest temperature-controlled carrier worldwide, specializing in moving temperature-sensitive freight such as fresh produce, meat, dairy products, and beverages. Under the agreement, FuelQuest Fuel Center will provide outsourced fuel management services for C.R. England's bulk fueling locations, reducing overall fuel costs and improving operational efficiency.
"Buying bulk fuel is nothing less than challenging in today's high-priced, volatile market," says Allen Nielsen, director of fuel at C.R. England. "Daily price swings are common, which places significant strain on our operational budgets and corporate profitability. In choosing FuelQuest Fuel Center, C.R. England now has industry experts working on our behalf to secure consistently the lowest priced fuel available."
With its team of fuel experts and industry-leading Fuel Management System (FMS) software, Fuel Center forecasts and sources fuel acting as a supplier-independent extension of the fleet customer. Fuel Center assumes other critical fuel management activities including order management as well as fuel, freight, and tax charge reconciliation. These capabilities allow Fuel Center to provide its customers the following benefits:
- Lower fuel costs and more efficient use of credit,
- Greater predictability of fuel budget,
- Reduced invoice overpayments and administration costs, and
- Increased security of supply.
Fuel Center also provides value management dashboards so customers can monitor the return on investment they are receiving from the Fuel Center service. Fuel Center's growing list of private and commercial fleet customers includes such companies as Carmeuse, Dyno Nobel, J.B. Hunt Transport, Linde North America, Murphy-Brown, Pilgrim's Pride, and Republic Services.
"We are excited to be working with an industry leader like C.R. England on sourcing, replenishing, and reconciling their bulk fuel inventory," said Ryan Mossman, vice president and general manager of FuelQuest Fuel Center. "Our supplier-independent approach to managing fuel has proven time and again to provide the greatest savings for our customers. It is why transportation companies such as C.R England are turning to FuelQuest to manage their end-to-end bulk fuel management needs and why we continue to lead the market."
ABOUT C.R. ENGLAND
Founded in 1920, C.R. England, Inc. corporate headquarters are located in Salt Lake City, Utah and is one of North America's largest transportation companies and the world's largest temperature-controlled carrier. C.R. England services include National, Mexico and Regional Truckload service in addition to Dedicated and Intermodal services. For more information, visit www.crengland.com.
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 650 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 20 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.