Case Study: Cardinal Logistics Management achieves $1M in savings through fleet optimization with Corcentric

Cardinal Logistics Saves $1 Million through Fleet Optimization

Cardinal Logistics Management, a large U.S. transportation and logistics provider with more than 4,000 drivers, faced major integration and cost challenges after merging with Greatwide Logistics Services and nearly tripling its fleet. Confronted with higher interest rates, low-mileage older tractors (including a block of 79 units not near lease-end) and rising maintenance costs, Cardinal turned to Corcentric for fleet optimization, remarketing, leasing and procurement expertise to identify and capitalize on savings opportunities.

Corcentric used industry benchmark data and its 800,000-vehicle network to analyze mileage, fuel economy and lender payouts, time replacements, arrange early lease terminations, and sell older units for gains. The engagement cut maintenance costs by $0.08 per mile (about $8,000 per unit at 100,000 miles), improved payments and fuel efficiency, and delivered roughly $1 million in total savings for Cardinal Logistics Management.

Cardinal Logistics Management

Tom Toton

Former Senior Vice President of Finance & Treasurer