TransMontaigne Inc, a refined petroleum products marketing and distribution company, is now selling products through the DTN Exchange, an online fuel transaction platform that assists businesses in making decisions at Internet speed. The DTN Exchange is a fuel trading exchange with market pricing that can be based on the New York Mercantile Exchange (NYMEX). TransMontaigne is using the DTN Exchange in select terminals in Georgia, North Carolina, and Virginia.
The DTN Exchange is an online fuel transaction platform for buyers and sellers to efficiently capture rack orders, manage price and inventory, and boost sales or protect inventory at specific terminals. Sellers can instantly communicate current prices, optimized according to market, inventory, and demand. Buyers can instantly secure fuel volume and lock in price. Both receive transaction notifications for inventory management, timely hedge actions, back office integration, and efficient dispatch management.