Case Study: Cardinal Logistics saves $1 million with Corcentric fleet optimization

Cardinal Logistics saves $1 million with Corcentric fleet optimization

Cardinal Logistics, a major transportation and logistics provider, faced a significant challenge after merging with Greatwide Logistics Services, which tripled the size of its fleet. This rapid expansion created opportunities for enhanced efficiency and cost savings, prompting Cardinal to turn to its long-time partner, Corcentric, for fleet consulting services to identify the right strategies for leveraging this growth.

Corcentric conducted a deep analysis of Cardinal's fleet, factoring in mileage, fuel economy, and lender payouts. Leveraging industry-wide benchmark data, Corcentric verified that Cardinal could improve its fleet planning and quantified the potential savings. The vendor arranged for the early replacement of 79 older, costly tractors and sold them in the favorable used truck market, generating a gain on sale for Cardinal. This solution saved the company eight cents per mile on maintenance, translating to $8,000 in savings per unit and a total of $1 million.

Cardinal Logistics