Propel IT, Inc.
Propel provides technology that allows drivers in the trucking industry to manage their behavior as it relates to fuel efficiency.
Propel is focused on growing sales of its FuelOpps product, which has already attracted prominent Class-l Motor Carriers as customers. FuelOpps is a product that has been proven at top Class-I Motor Carriers to increase their profit margins by more than 60%. This is attributed to a 10% reduction in fuel cost, which roughly accounts for 50% of a Motor Carrier’s operating cost when diesel fuel is priced at $4.00 per gallon.