PropelIT Announces New Senior Management Positions

Pittsburgh - PropelIT, Inc. is moving towards being a technology global leader in providing transportation data for lowering costs and risks, while increasing safety for the transportation industry.

PropelIT is pleased to announce Kevin Mudd an accomplished leader in supply chain management and logistics as its Vice President of Sales.

Also, PropelIT is pleased to announce Alexander Smith, Director of Sales Engineering and Strategic Development. Alex was formerly employed by KAG, (Kenan Advantage Group).

Anthony Lacenere, a Senior Managing Director with iNetworks Advisors said, “The addition of Kevin and Alex will help PropelIT move forward and position itself as a leader providing actionable information to the transportation industry as its requirements change from cellular and autonomous technologies.  The industry is transforming as data driven technologies continue to improve the operating performance of our clients”

About iNetworks

Since 1999, iNetworks has been successfully providing needed capital through our funds, experienced management and intellectual resources to assist companies and entrepreneurs in technologies that bring significant productivity advantages to their market in the Productivity IT, Healthcare and other major technical sectors. iNetworks executives have invested in multi-stage portfolio companies, with stages ranging from restructuring, leverage buyouts, to early-, mid- and late-stage investments.

We understand that technology advancement is at the core of everything we do, this is especially relevant to the sectors we are specialists. Technological innovation is the linchpin in solving many of today’s biggest problems in industry.

Ivan Hofmann to Join Propel IT Board

Propel IT, Inc. is pleased to announce that Ivan Hofmann, former Executive Vice President and Chief Operating Officer of FedEx Ground and President of RPS Inc. and recognized transportation and supply chain management expert, has joined the Board of Directors of Propel IT.  Propel IT is a behavioral analytics and incentives platform developed to increase the productivity and efficiency of the transportation industry by reducing fuel consumption, increasing safety records and reducing insurance costs, as well as improving driver retention rates.  The customers of the Propel program have seen enormous impacts on Return on Investment and the bottom line while improving efficiencies in supply chain management.

“I am delighted to add my industry experience to this big data approach instituted by Propel IT, in conjunction with efforts and bright minds from Stanford University, Carnegie Mellon and UCLA, in solving some of the nation’s critical transportation problems while increasing trucking efficiency and profitability while making our roads safer”  He went on to say, “big data is helping to converge the lines between trucking efficiency, financial impact, insurance and safety, and changing the way the consumer interacts.  Propel can be a big part of it.”

Anthony Lacenere, CEO of Propel IT, said “It is an honor to have Ivan join our Board as we move to the next step.  He combines business sense and practicality along with enormous operating skills in the trucking industry. Our big focus is to help with the technological transformation and interpret it into efficiency for our customers.  We want to be the standard for the industry in analyzing big data and creating behavioral changes as the new technologies for transportation rolls out over the coming years.”

For more information on Propel IT contact Chloe.G@PropelIT.net

Propel IT launches FuelOpps™ 2.0

Propel IT, the creators of the original FuelOpps driver fuel coaching program announced the release of FuelOpps 2.0. Fleets have been using the original FuelOpps incentive based program to coach driver behavior and reduce fuel costs for over three years, saving millions of gallons of fuel in the process.

With FuelOpps 2.0’s highly correlated algorithm, fleets now have the ability to see daily driver fuel costs. This can be viewed on per driver, per trip or per fleet basis. FuelOpps 2.0 dials up the fuel gains even further using new temperature based idling functionality. Compared to traditional idle policies, fleets can see a 200%+ improvement in idling fuel savings using FuelOpps 2.0. The third significant improvement to FuelOpps 2.0 is the introduction of skill based audio training. This modular based training curriculum allows drivers to ramp up on key skills at their own pace and receive incentives for completing training.

Propel IT CEO Anthony Lacenere explains: “We have learned a great deal from our customers and have taken a big data approach in developing FuelOpps 2.0. The enhancements are exciting and will be highly useful for both drivers and fleets alike. In addition, FuelOpps 2.0 will serve as the foundation for additional modules we are working on tied to driver retention, safety and emissions.”

To schedule your demonstration of FuelOpps 2.0 please contact: worth@propelit.net