Guttman Oil Company Selects FuelQuest's Fuel Management System (FMS)

PR Newswire (press release) - New York,NY,USA
"We needed a software solution that allowed us to leverage our capabilities
in inventory management and risk management programs, and take advantage of
our ...

Leading Distributor selects FuelQuest's FMS and Transportation Optimization
Module to Manage its Fuel and Fleet Operations

HOUSTON, April 24 /PRNewswire/ -- FuelQuest, Inc., the leading
on-demand software and services company for the downstream energy industry,
announced today that Guttman Oil Company and Source One Transportation, A
Guttman Group Company, will utilize its Fuel Management System(TM) (FMS) to
manage fuel processes for its bulk distribution of petroleum products.
Along with the implementation of FMS, Guttman is also installing
FuelQuest's new Transportation Optimization Module, which offers truck
scheduling and route optimization capabilities that will assist Guttman in
managing its complex fleet operations.
"We needed a software solution that allowed us to leverage our
capabilities in inventory management and risk management programs, and take
advantage of our expansive network of supply options," said Richard
Guttman, President of Guttman Oil and Source One. "Providing more options
for our customers increases the complexity of our delivery systems.
FuelQuest's FMS with expanded transportation optimization capabilities will
help us to manage those complexities to decrease costs and to deliver
better service to our customers."
With FMS and the new Transportation Optimization Module in place,
Guttman Oil will:
-- Optimize inventory levels and assets
-- Optimize fleet scheduling capabilities
-- Increase fuel management transparency
"We are fortunate to partner with a thought leader like Guttman as we
roll out our new transportation functionality," said Jim Kiser, Sr. Vice
President for FuelQuest. "FMS, along with the Transportation Optimization
Module, will provide a strong scalable solution that will help reduce
operational costs and increase automation and operational accuracy.
About Guttman Oil Company
A member of the Guttman Group of Companies, Guttman Oil Company is a
leading liquid fuels marketer and solutions provider, serving the
commercial, wholesale, and retail markets since 1931. Guttman Oil's quality
fuels and related solutions help companies to minimize the impact of
day-to-day fuel price volatility, simplify and streamline inventory
management activities, and maintain fuel quality and operability. Other
Guttman Group companies include Bulk Terminal Storage (liquid fuels storage
facilities, terminals and other related properties), and SourceOne
Transportation (liquid fuels transportation services). To find out
additional information, visit http://www.guttmanoil.com.
About FuelQuest
FuelQuest provides on-demand, web-based supply chain management and tax
automation technologies for suppliers, distributors, buyers, and traders of
petroleum products and other energy commodities. FuelQuest solutions
deliver operational and financial value to over 750 customers. These
customers include leading global oil companies, international retailers,
shippers, and government entities. FuelQuest solutions help customers
manage the complexity, regulation, and market volatility of billions of
gallons of gasoline and diesel fuel annually. ZyTax solutions process tens
of billions of dollars of motor fuels excise taxes per year.