OPIS Teams with ProMiles to Offer New Fuel Management Software

Lakewood, NJ / Bridge City, TX - Oil Price Information Service (OPIS), the nation's leading provider of petroleum pricing data, announces an exciting new partnership with ProMiles Software Development Corporation (PSDC).

Under an exclusive arrangement, OPIS and PSDC have created a new Fuel Management tool that allows users to easily create and manage fuel networks; set discounts as cost plus, retail minus or best price; create and manage lists of competing truck stops; view graphical mapping of fuel prices; compare networks and more. Called ProMiles Fuel Management - powered by OPIS, the new software features OPIS rack and retail prices. The software analyzes daily OPIS prices and incorporates all price modifications into its database of over 8,000 truck stops; along with updating state and local tax rate changes. This program also maintains current functionality through ProMiles continued service efforts; incorporating the latest and greatest technological advances.

ProMiles Fuel Management software replaces OPIS' popular Fuel Link software used by hundreds of fuel managers and truckstops.

"With fuel purchasing being such a large percentage of a fleet's costs, the ability to manage where and how a fleet fuels is paramount to fleet profitability," explained Brian Crotty, OPIS Director. "Teaming up with ProMiles enabled us to offer our fleet customers a state-of-the-art software package that allows fleets to control fuel costs and better plan their business. At the same time, it enables our truckstop customers to administer their fuel agreements with fleets."

PSDC president, Tony Stroncheck, announced that all Fuel Link customers have successfully upgraded to the new ProMiles Fuel Management application. "Former Fuel Link customers are immediately profiting from the new product's improved analytical ability, the innovative mapping features and the ease of use," Stroncheck said.

... I am thrilled to have and use the new ProMiles Fuel Management program!   It is wonderful to be able to set up individual networks and competing truck stop comparisons for each of our truck stops.  Being able to access current prices during the day helps in setting special pricing programs for our fuel customers.  The historical information is beneficial in trying to understand this extremely volatile industry we are in.  Thank you to Dave Stock and staff for knowing what we need and for being open to set up programming with additional information for us.

Sandra Green
Fuel Sales Coordinator
Rip Griffin Travel Centers

OPIS is the most widely accepted fuel price benchmark for supply contracts and competitive positioning. It's used as the benchmark price for buyers and sellers of U.S. gasoline, diesel, LP-gas, jet fuel, crude, propane, feedstocks, kerosene, and MTBE. Nearly 100 billion gallons of fuel are pegged to OPIS wholesale (rack) and spot prices annually. OPIS is the world's most comprehensive source for petroleum information, products & prices, and has the world's most comprehensive database of U.S. wholesale petroleum prices. OPIS is comprised of more than 40 information specialists, including the most experienced editors and pricing experts in the business. Pricing experts track more than 70,000 rack prices for heating oil, gasoline, diesel and kerosene, and thousands of contract prices for jet fuel, LP-gas, residual fuel, and ethanol.

ProMiles Software Development Corporation, developer of the industry's Largest and Most Accurate Mileage and Mapping Database with over 815,000 miles of truck useable roads, develops various types of desktop (CD) and WEB applications such as Route/Stop Optimization, Fuel Tax Reporting, and Fuel Optimization. Almost every Canadian Province and the majority of US State/DOT Auditors are using ProMiles applications for IFTA, Log Book and IRP compliance verification.  ProMiles gives the trucking industry the same tools to pre-audit their records that the government uses to perform an audit.

Contact information:

Oil Price Information Service (OPIS)
1255 Hwy 70, Suite 32N
Lakewood, NJ 08701
Phone: 800-275-0950

Beth Winter
Transportation Director - OPIS
(732) 730-2540

ProMiles Software Development Corporation
U.S. Corporate Office
P.O. Box 398
Bridge City, TX 77611-0398 

Dave Stock
PSDC Vice President of Fuel Management
(615) 417-7252

Tony Stroncheck
(409) 697-2587 ext.235

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