Case Study: a major food and beverage company achieves $64 million in fleet remarketing returns with Corcentric

World's Largest Food and Beverage Company nets $64 million with Corcentric Fleet Remarketing

A major food and beverage company faced the complex challenge of dissolving its extensive Direct-Store-Delivery fleet, which consisted of over 2,000 varied assets spread across the country. To achieve the best financial outcome and manage this voluminous project, they enlisted their longstanding partner, Corcentric, and its Fleet Remarketing service.

Corcentric provided an end-to-end solution, leveraging its extensive network of buyers and deep industry knowledge to remarket and sell all 2,644 pieces of equipment. Despite the challenges of moving niche vehicle types and navigating pandemic-related logistics across 20 staging points, Corcentric's efforts were highly successful. The solution netted the company over $64 million, with the final 500 units fetching a net 25% higher than originally quoted.