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BOSTON, MA – Aug. 18, 2021 — Tank Utility, a leading provider of IoT tank monitoring and logistics optimization services, has been named to Inc. magazine’s prestigious Inc. 5000 list of the fastest-growing private companies in America. Tank Utility ranks 1,226th on the 2021 list with 393% growth during the period 2017-2020. The Inc. 5000 […]
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1 Way Propane Marketers are Combatting the Tank Shortage and Rising Price of Steel in 2021
This post is an updated version of an older blog post from 2019. A perfect storm has been brewing in the global steel market. Strong demand has collided with supply shortages, causing the price of steel to reach an all-time high and inventory levels to plummet. Like other sectors of the economy, the propane industry […]
2 Ways to Make Propane Feel like a Monthly Utility for Homebuyers New to Delivered Fuels
Changes brought on by the COVID-19 pandemic have led droves of Americans to flee cramped cities in search of more affordable and spacious homes in rural and suburban areas. The number of people who relocated from big cities to small and midsize metro areas rose 23% in 2020. And with record-low inventory and sky-high prices, […]
Tank Takes Action: Why We Are Focusing on Diversity, Equity and Inclusion
Our Value Statement At Tank Utility, we value and pursue diverse experiences and cultures in our teammates, customers and partners. We foster an environment where we value our teammates and provide opportunities to succeed. We commit to challenging and being challenged, pushing ourselves and our industry beyond our comfort level and being held accountable for […]
3 Ways the Pandemic has Worsened the Driver Shortage, and 3 Ways Tank Monitoring can Help
For years, industries across the board have been struggling to recruit truck drivers amidst a growing driver shortage. Factors such as an aging driver population, fewer drivers in the pipeline, and an under-representation of women and minorities in the field have made it increasingly difficult to hire and retain reliable drivers. This is especially true […]
3 Reasons Tank Monitors Should be Part of Your Hurricane Preparedness Plan
As a global pandemic continues to threaten the nation, propane marketers have already begun preparing for another potential national emergency. June 1st marked the official start of hurricane season. According to the National Oceanic and Atmospheric Administration’s forecast, the 2020 Atlantic hurricane season is “expected to be a busy one” with as many as 19 […]
Tank Utility launches delivery ticket creation with Cargas Energy integration
Tank Utility’s best-in-class integration with Cargas Energy is getting even better. Last year, we introduced the first tank monitoring bi-directional integration with Cargas – making it fast and easy to add account information to Tank Utility from Cargas. We’re taking that even further by enabling you to schedule deliveries in Cargas directly from Tank Utility […]
7 Takeaways from the Energize 2020 Digital Conference
There’s a first time for everything, and last Wednesday, April 8 marked the delivered fuel industry’s first virtual conference, Energize 2020! Developed by partners Cargas, Qualpay, Cetane Associates, Tank Utility, and P3 Propane Safety, Energize was a full day event featuring 7 educational sessions designed around today’s fuel marketer. The sessions, including two fuel marketer […]
How Propane Marketers Could Benefit from the Recent Government Stimulus Package
With the recent $2 trillion stimulus package (known as the “CARES Act”) passed by the U.S. Senate and the House, we’ve seen over $349 billion made available for small businesses through the U.S. Small Business Administration (SBA). While you’ve probably seen some information from your respective propane associations and other resources, we wanted to share […]
Propane demand holds steady despite non-essential business closures
This research is based off Tank Utility’s proprietary data. It’s the result of viewing our anonymized aggregated daily readings from our propane tank monitors across the country. Part 1 in our research can be found here. Last week saw many states order non-essential businesses to close. This put significant strain on businesses throughout America and […]