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.
Go to www.powerlinecapital.com.