TMW Systems Fuel Optimization Webinar Draws Record Crowd
Nearly 200 Transportation Professionals Learned How IDSC
ExpertFuel(TM) Helps Reduce High Fuel Costs and Increase Fuel
Optimization
BEACHWOOD, Ohio (Business Wire EON/PRWEB ) April 16, 2008 --
Nearly 200 transportation professionals participated last week in a
webinar exploring the industry’s top
technology-based system for managing fuel costs. The April 10 event,
sponsored by Transport Topics and presented by TMW Systems, focused on
TMW’s fuel optimization solution IDSC
ExpertFuel™.
It was the most widely attended webinar Transport Topics has ever
presented – not a surprising outcome given the
record high fuel prices currently facing the industry. IDSC ExpertFuel™,
which uses a wide variety of data to develop routing and fuel purchasing
plans, has been shown to save users four-to-seven cents per gallon on a
consistent basis.
“Managing and reducing the cost of fuel has
become one of the industry’s top priorities,”
said David McKinney, vice president of professional services for TMW
Systems. “While IDSC ExpertFuel™
is well-established and has been available for several years; interest
in the product has never been higher. This fact is evidenced by the
industry professionals who participated in this webinar, in addition to
the dozens of companies who are installing the system even as we speak.”
McKinney presented along with Dale Lavin, fuel manager for Cedar Rapids,
Iowa-based West Side Transport, a dry van operator with 420 power units
and 1,200 trailers focusing on regional, team, long-haul, dedicated and
logistical services has been using IDSC ExpertFuel™
since 1999. Lavin explained how their investment has paid for itself
many times over as a result of the savings the system generates.
“Trucking companies don’t
realize how much money they spend unnecessarily by not having a tool
like IDSC ExpertFuel™,”
Lavin said. “This was a valuable tool for us
even in 1999 when the price of diesel fuel was under $1.00(a). Now that
we’ve started to see diesel at $4.00 a
gallon, IDSC ExpertFuel™ is absolutely
indispensable.”
Lavin and McKinney answered participants’
questions about the operation and benefits of IDSC ExpertFuel™.
The fuel optimization system produces routing schemes and
fuel-purchasing plans that consider a wide variety of factors, including
current fuel prices, fuel level, vehicle fuel consumption, fuel network
discounts, state taxes, out-of-route miles, route policies, terminal
fueling, tank fill policies and even driver amenities.
Lavin and McKinney also detailed fuel-saving examples from mock trips.
One fuel optimization example illustrated a trip from San Bernardino,
California, to Statesville, North Carolina, in which IDSC ExpertFuel™
guided the driver to purchase all the required fuel at or near the low
point of a $.15 per gallon price variation experienced along the
hypothetical route.
Finally, the presenters explained reporting mechanisms that help ensure
compliance and optimal performance.
Recent news on fuel prices only accentuates the need for a tool like
IDSC ExpertFuel™. On April 7, the U.S.
Department of Energy reported that diesel prices have climbed more than
$1.17 per gallon in the past 12 months, breaking the $4.00 per gallon
mark for the first time in history. The American Trucking Associations
(ATA) reports that diesel spending rose 6 percent in 2007 and projects
that diesel spending will reach $135 billion in 2008.
To view the presentation in its entirety, visit TMW Systems on the Web
at www.tmwsystems.com. The
webinar archive can be accessed directly by clicking
here. (http://app.manticoretechnology.com/
MTC_v50_2000/Data/mtcTemplate/mtcURLSrv.aspx?ID=3034&Key=CFA5D662-
A004-44CF-84D9-8D0F931166F9&URLID=401) (Due to its length, this
URL may need to be copied/pasted into your Internet browser's address
field. Remove any extra spaces if they exist.)
For more information on IDSC ExpertFuel™ and
other products and services provided by TMW Systems, call 1-800-401-6682
or e-mail at schilinski@tmwsystems.com.
-----------------
(a)US
DOT, Federal Highway Administration, National Freight Transportation and
Maps.
About TMW Systems
Founded in 1983, TMW Systems, is committed to delivering customer-driven
solutions that help companies take better advantage of market
opportunities, improve asset productivity and gain a better return on
information. TMW’s solutions are utilized in
diverse markets, including trucking, 3PL, private fleet, construction,
municipalities, and waste management. With offices in Cleveland, OH;
Durham, NC; Indianapolis, IN; Dallas, TX, and Vancouver, British
Columbia; TMW currently serves more than 1,600 customers managing over
325,000 power units and maintaining more than 1.1 million assets
worldwide, including North America, Europe, China and Latin America. For
more information, visit www.tmwsystems.com
or call (800) 401-6682.
Release Summary:
Transportation professionals participated in a webinar exploring the
industry's top technology-based system for managing fuel costs. The
event, presented by TMW Systems, focused on TMW's fuel optimization
solution IDSC ExpertFuel(TM).
KEYWORDS: diesel, diesel fuel, diesel fuel prices, diesel fuel
savings, expertfuel, fuel optimization, fuel savings, high fuel prices,
reducing fuel costs, tmw systems, transportation, trucking
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