The Quality Plus Network [QPN] is the fuel-cost control program for the National Association of Small Trucking Companies. NASTC has over 4000 fleets with almost 30,000 power units, mostly company owned, that purchased over 300 million gallons of fuel in the last 12 months! As a result, NASTC uses QPN's professional, full-time purchasing managers to help control over-the-road fuel costs. NASTC/QPN fleets focus almost 90% of our fuel volume into the fuel stops that partner with QPN. We consolidate this purchasing volume to negotiate the most competitive pricing possible. These fleets carry Fleet One fuel cards branded with a NASTC/QPN logo and have agreed to purchase over-the-road diesel fuel from the merchants that offer competitive pricing.
Most fuel stop managers know that there is little to no profit in selling diesel fuel, unless they can also sell food, lodging, maintenance, etc. But in order to get the opportunity to sell these other goods and services, managers know they must offer discounted pricing to get significant volume focused into their location. To assist the independent truck stop or fuel merchant, NASTC/QPN maintains index-based agreements with over 1000 merchants nationwide. Daily fuel prices are computed based on OPIS contract rack averages, plus transportation, taxes, and a merchant pumping fee [also called a cost-plus fee]. Since QPN prices are not based on retail prices, discounts will vary depending on merchant pumping fees. Our fleets will pay the lower of the QPN price or the cash price on the pump. Additionally, most of our network stops offer the lower of index-based pricing or a cents-off discount.
When QPN drivers fuel at a participating merchant, the transaction is processed on our branded FleetOne fuel card. The transaction is re-priced by FleetOne and the price per gallon is adjusted using the agreed pricing formula. The merchant is paid the adjusted amount by FleetOne, according to normal payment terms. QPN transactions are identified on the FleetOne settlement report with 2 letters following the authorization number [QP or Q2]. NASTC/QPN does not charge one-time, monthly, or per-transaction fees for merchants to participate in our program. FleetOne fees vary depending on the agreement between FleetOne and the merchant.