Telargo's Solution Automatically Captures and Manages ProMile's IFTA Data
in a Secure, Online Environment for Accurate and Efficient Reporting
JERSEY CITY, NJ; October 30, 2006 - Telargo, Inc., a leading provider of mobile asset management solutions, today announced the full integration of the ProMiles® Fuel Tax Software in Telargo's mobile asset management solution for the trucking and logistics industry. Telargo's solutions enable customers to optimize their operations, drive profitability and achieve service excellence. The integration of ProMiles with Telargo offers customers access to real-time data for a single trucks, a group of trucks or an entire fleet's intrastate or interstate mileage with automated reports for fast and efficient compliance with state and federal tax regulations.
The International Fuel Tax Agreement (IFTA) is an agreement among states and Canadian provinces to simplify reporting fuel used by interstate/interjurisdictional motor carriers. IFTA requires that trucking companies pay taxes to individual states for the wear and tear on their roads. Each state has its own rates and the fuel tax is based on the number of miles a truck is driven on state roads. Companies that do not have an automated solution rely on drivers to keep manual logs as they travel within or from state to state. IFTA requires quarterly filing and payment of taxes which can be a logistical nightmare for calculating, recording and reporting for an entire fleet for each state.
The ProMiles solution takes location and odometer readings from the on board system and processes the data to the Fuel Tax Software, which is now fully integrated with the Telargo mobile asset management solution. Administrators can log-in to Telargo's online Control Center and view reports of each vehicle and the miles driven in each state with automatic calculations of fuel tax owed for each state. Reports can be viewed on screen, printed or downloaded in Microsoft Excel or HTML formats.
"With the majority of IFTA jurisdictions now specifying ProMiles as an audit tool, using them as the provider of mileages early on in the process virtually eliminates the possibility of errors," said Bogdan Pavlic, CEO of Telargo. "We understand the pain points and complexities of managing vehicles, drivers, cargo and equipment over state, national and international borders. Simplifying IFTA compliance and streamlining the reporting process into a few mouse clicks will save our customers thousands of dollars and countless man hours in meeting these regulations."
Telargo provide customers with real-time information on the status, performance and location of their mobile assets. Telargo also applies critical analysis to the data for true business intelligence for maximizing fleet and equipment utilization, increasing workforce productivity, reducing expenses and enforcing safety and compliance regulations.
ProMiles Software Development Corporation, developer of the industry's Largest and Most Accurate Mileage and Mapping Database with over 931,000 miles of truck useable roads, develops various types of desktop (CD) and Web applications such as Route/Stop Optimization, Fuel Tax Reporting, Fuel Management and Fuel Purchase Optimization. Companies such as Wal-Mart, Ocean Spray, Bayer and General Motors have benefited from the use of ProMiles applications. ProMiles fuel price data has tens of thousands of users across North America including nationwide chains such as Pilot, Loves, Flying J as well as other country stores and travel plazas. 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.
For more information, please visit www.ProMiles.com
Telargo is a leading provider of mobile asset management technology, services and business solutions. A joint venture of NTT DoCoMo, a world leader in mobile communications, and Ultra, a European technology company, Telargo has been in operation in the U.S. since 2005. Telargo enables its customers to streamline operations and maximize the performance of their mobile assets including: vehicles, machinery, trailers, vessels and drivers/operators. Using advanced technologies coupled with comprehensive analysis and management software, Telargo provides its customers with valuable intelligence to make critical business decisions.
For more information, please visit: www.telargo.com
United States: 1-800-324-8588