Titan Cloud Acquires TRUEFILL to Enhance Fuel Supply Chain Management
NEWS PROVIDED BY
Titan Cloud Software
San Francisco, California – January 10, 2023
Titan Cloud, the leading software platform for the fuel industry, today announced the acquisition of TRUEFILL, a fuel supply management and logistics platform. This strategic move will further solidify Titan Cloud as a global leader in the downstream fuel software market and significantly enhance the capabilities of its Fuel Asset Optimization platform.
Seamless Integration for End-to-End Visibility
Integrating TRUEFILL’s technology into the Titan Cloud platform will empower fuel operators with end-to-end visibility and control over their fuel supply chains. From the terminal to the pump, Titan Cloud’s expanded platform will provide real-time data and robust tools to optimize operations, reduce costs, and improve customer experiences.
Extensive Capabilities for Fuel Operators
The enhanced platform will offer a comprehensive suite of capabilities, including:
* Fuel order and contract tracking, forecasting, and negotiation
* Dispatch logistics management and optimization
* Invoice synchronization and reconciliation
* Fuel inventory and usage monitoring
* Fleet utilization analysis and optimization
Industry Expertise and Leadership
To further strengthen its position, Titan Cloud is welcoming Brandon Logsdon, TRUEFILL’s Co-founder and CEO, to its team as the Senior Vice President, Global Fuel Logistics and President of Global Operations. Logsdon’s extensive experience in fuel supply management will be instrumental in integrating TRUEFILL’s technology and driving innovation within Titan Cloud.
A Paradigm Shift for the Fuel Industry
“This acquisition marks a real paradigm shift for the fuel industry,” said Logsdon. “By combining TRUEFILL’s expertise in fuel supply management with Titan Cloud’s leading Fuel Asset Optimization platform, we are delivering a powerful solution that will transform the way fuel is bought, sold, and delivered.”
Transforming the Fuel Supply Chain
The addition of TRUEFILL’s capabilities aligns with Titan Cloud’s vision of providing fuel operators with the most advanced technology to address supply disruptions, price volatility, and inefficiencies throughout the fuel supply chain.
“Together, we’ll ensure seamless collaboration and complete visibility from terminal to pump, ultimately delivering lower costs and a more positive experience for consumers at every stop,” said Titan Cloud’s CEO and Chief Product Officer.
About Titan Cloud
Titan Cloud provides an industry-leading Fuel Asset Optimization software platform to help customers effectively decrease fuel supply and logistics costs, reduce environmental compliance risk, lower maintenance costs, and increase revenue. Entrusted by a customer base that includes the biggest names in the retail petroleum industry and commercial fleet market, Titan’s software platform currently monitors 50% of all U.S. consumer gasoline throughput and covers more than 85,000 facilities.
About TRUEFILL
TRUEFILL is an enterprise software platform and marketplace for the fuel industry. Based in San Francisco, TRUEFILL works with end buyers, suppliers, wholesalers, and carriers to simplify and automate the fuel process. TRUEFILL eliminates the busy work from fuel management by automating everything from dispatching orders to tracking deliveries, invoicing, contract/allocation management, and reconciliation. Our user-friendly mobile app puts you in control, and we securely interface with industry leaders such as Avalara, OPIS, Oracle, JD Edwards, QuickBooks, and SAP, providing you with a robust, all-in-one solution for streamlining your operations.
Contact Information
For more information on Titan Cloud, visit www.titancloud.com.
For more information on TRUEFILL, visit www.truefill.co.
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