Houston: FuelQuest, Inc., the leading on-demand software and services company for the global downstream energy industry, announced Swift Transportation, North America’s largest truckload carrier, has extended their Fuel Management System (FMS) software and services contract for an additional five years. Under this agreement, Swift will also begin using FMS’s delivery and invoice reconciliation applications. FMS is integral to Swift maintaining security of fuel supply, reducing retains and run-outs, and lowering fuel costs with a larger portfolio of suppliers.
"We are pleased with the business results that FuelQuest FMS has delivered," says Joe Broski, Swift Transportation’s assistant director of fuel procurement. "Our requirements are not simple. Managing 16,200 trucks, 49,000 trailers, 35 major terminals strategically positioned throughout the United States and Mexico, and 12 transportation service offerings demands a proven fuel solution and a dedicated partner like FuelQuest."
FMS powers the largest fuel management network in North America providing FuelQuest customers with an end-to-end solution that lowers the cost of procuring, managing, and accounting for fuel. FMS streamlines Swift Transportation fuel operations by providing:
• Just-in-time inventory management with demand forecasting
• Accurate supplier invoice reconciliation accounting for price, freight, and tax
• Optimized order and dispatch management, reducing fuel costs
"We are excited to continue our partnership with Swift Transportation," says Scott Cilento, SVP of pperations for FuelQuest. "Swift is an industry-leading carrier for companies like Wal-Mart and FedEx providing award-winning distribution services. Our team is proud to provide software and services that will help them deliver best-in class transportation well into the future."