Companies should invest some of their short-term gains into long-term fiscal management of their fuel related expenses.
Vancouver, BC (PRWEB) February 03, 2015
Tailwind Transportation Software, an industry-leading software solution for the trucking and transportation industries, released a statement today following the decrease in diesel fuel prices across North America. The company believes that the decrease in overhead fuel costs make it an ideal time for businesses to invest in new technologies that will help carriers bring fuel costs under long-term control.
According to an article released by Reuters titled “Oil tumbles; U.S. crude prices near six-year low on record stockpiles” by Barani Krishnan (January 28, 2015), data collected by the U.S. Energy Information Administration (EIA) indicate that both gasoline and diesel fuel prices across North America have continued to drastically drop over the past several months. The price of oil has plunged by more than half since June, reaching cost levels found during the 2009 recession.
The team at Tailwind Transportation Software strongly urges companies to take advantage of the current fuel savings by investing in their infrastructures to optimize their fuel billings and routing. Mitch Helten, President of Tailwind, believes companies can maintain lower fuel budgets, even if fuel prices increase over time, through better tracking and monitoring of their quotes, bills, customers, routes, personnel, mileage and equipment.
“No one can argue that businesses aren’t excited to see lower fuel prices,” said Helten. “It has and will continue to bring some well-needed relief to carriers and owner-operators in the industry. For some companies it might be an ideal time to invest in new technologies that will help them track, monitor and control their fuel costs over the long-term. Companies should invest some of their short-term gains into long-term fiscal management of their fuel related expenses.”
As Tailwind Transportation continues to grow their features and capabilities within their software, Helten encourages businesses to adapt solutions that minimize costs and maximizes efficiency. The TMS solutions through Tailwind are developed for small to medium-sized freight brokerage, logistics and trucking companies in need of customizable logistics.
“With fuel prices down, businesses should start to consider options for their growth plan for the year,” continued Helten. “There is no better time than today to take advantage of optimizing your logistics to decrease costs for the future.”
About Tailwind Transportation Software Ltd.:
Tailwind Transportation Software Ltd. creates software solutions for freight brokers, trucking carriers, and other freight transportation companies. It was founded in 2002 by freight transportation professionals that aspired to advance the transportation industry. Tailwind’s software solutions focus on maximizing overall efficiency and profitability. Tailwind’s mission is to lead the transportation IT market by providing innovative software solutions, helping small and medium sized companies thrive in a changing market place.