At a news conference at the ITS show, Powerline Capital Group LLC discussed its diesel fuel price-assurance programs. Our programs allow these operators to be able to put a known fuel cost into their budgets, said Powerline's president, Todd Garner, to help protect them from volatile fuel markets. Garner said fleets can select a representing the per-gallon price above which the customer is protected
At a news conference at the ITS show, Powerline Capital Group LLC discussed its diesel fuel price-assurance programs. “Our programs allow these operators to be able to put a known fuel cost into their budgets,” said Powerline's president, Todd Garner, “to help protect them from volatile fuel markets.”
Garner said fleets can select a “cap” representing the per-gallon price above which the customer is protected and the time period it covers. He said the caps can be put in place as much as 24 months in advance.
“Like insurance,” said Garner, “our diesel fuel price-assurance programs allow companies to cover their price or cost risk to assure that their business cannot be hurt by volatile fuel markets.” By doing so, he noted, the programs help “create an environment that allows for more predictable profit margins.
Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.
Over 300 leaders in transportation, logistics, and distribution gathered at Ignite 2024. From new products to innovative solutions, Ignite highlighted the importance of strong...
Prepare your fleet for every season! From winterizing vehicles to summer heat safety, our eBook covers essential strategies for year-round fleet safety. Download now to reduce...
