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Pathway is a partnership between SPI Petroleum's subsidiary, Simons Petroleum, and select truck stops that provides a unique, differentiated product offering in an otherwise commodity market - diesel fuel.
- Simons Petroleum contributes the following to the partnership:
1. An innovative professional services offering to trucking fleets
a) Cost control programs (reduction in price volatility)
b) Fuel management programs (best practice processes for lower daily fuel costs)
2. Foot traffic for the truck stop's multiple profit centers
3. Sales and marketing staff
4. Fuel inventory for Pathway customers
5. Accounts receivable / credit risk for Pathway customers
Pathway's truck stop partners contribute the following:
1.
Assets to facilitate the delivery of fuel
2.
Driver amenities such as showers, parking, restaurant, restrooms, etc.
3.
Brand awareness
4.
Sales and marketing staff
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