The Etorus FE technology is currently installed in nearly 10% of the PTS fleet, and results in fuel savings of over $2,000 per truck, per year, according to a third party monitoring company, National Energy Control Services, Inc. (NECS). In addition to the fuel savings is a corresponding reduction in emissions of soot and harmful greenhouse gases, including nitrogen oxide (NOx) and carbon dioxide (CO2) — two leading known contributors to global warming.
“We first installed the Etorus FE in 2006, and our fuel savings, which are monitored by an independent company, continue to be exceptional,” said Jeff Cornish, the chief executive officer of PTS. “We are particularly pleased with the Etorus Pay Per Save(TM) program, which allows us to immediately install the technology and realize fuel savings without any associated capital expenditure or risk, while reducing our emissions in the process.”
The unique Etorus Pay Per Save program is designed for companies to gain the benefits of the fuel reduction solutions offered by Etorus without any capital expenditure or risk, by simply sharing a portion of their fuel savings after they have occurred. The shared savings figures are based on data provided by a third-party service provider, National Energy Control Services, Inc. (NECS) of Indiana. NECS monitors, verifies and calculates the dollar value of the fuel savings achieved with the Etorus FE installed.
“Our cost-effective business solutions for energy and environmental issues provide us with great opportunities to help companies running diesel- and biodiesel-based fuel — in trucking, mining, marine and other industrial applications — to reduce fuel costs by as much as 10 percent, with no up-front capital risk or investment,” said Shraga Agam, the president and chief executive officer of Etorus, Inc. “The types of programs we offer can easily help reduce fuel consumption and greenhouse gas emissions, such as those being experienced by the trucking and commercial harbor craft industries at the California Ports. Companies doing business at these Ports have historically been resistant to regulation because of the high costs associated with implementing changes to their equipment in order to be in compliance.
“With the Etorus FE installed using our Pay Per Save program, truckers and marine fleet owners can not only take action to help be in compliance with new emission reduction regulations, but can actually boost their bottom lines in the process by saving up to 10 percent on their fuel costs,” Agam said. “The companies involved can experience significant benefits financially, and we all would benefit environmentally. There is really no downside under the Pay Per Save program, and if for whatever reason a customer of ours decides to stop using the product, he can terminate the contract rather than being left with a ‘dead asset’.”
About PTS
Performance Transportation Services, Inc. (PTS), the second largest transporter of new automobiles, sport-utility vehicles and light trucks in North America, is comprised of three carriers with connecting geographic coverage: Hadley Auto Transport, E&L Transport and Leaseway Auto Carriers. Together as PTS, the carriers occupy thirty-one strategically located facilities throughout the U.S. and Canada with seventy-two different customer vehicle delivery centers and a fleet of more than eighteen hundred tractor/trailer combinations. PTS delivers nearly four million new and used vehicles annually, and by volume and revenues, is the second largest provider of vehicle deliveries in the United States.

