Case Study:
A leading privately-owned regional LTL (less than truckload) truck carrier, providing premium freight services across the Western US and Canada. With 37 terminals and 1,700+ employees, the company continues to grow its fleet to meet their customers’ needs.
CUSTOMER:
INDUSTRY:
LOCATION:
Leading transportation company
transportation
US AND CANADA
Commercial Fleet Fuel Card (CFN and Fuelman)
Customer Overview
The company was working with multiple fuel card companies across their NA footprint. Tracking fuel consumption, filing IFTA (International Fuel Tax Agreement) reports, and managing fuel costs were a significant administrative and time-consuming burden. The customer was looking for a fleet fuel card provider to help improve and centralize reporting and spend visibility.
Challenge
World Kinect Energy Services carried out a detailed review of the customer fleet’s fueling operations and cards used, and provided a solution to allow the customer to switch to one card and one centralized report across of their operations in the US and Canada.
World Kinect Solution
World Kinect switched all customer’s fleet cards over to the CFN (Commercial Fueling Network) card at every customer’s terminal throughout the USA and Canada.
The carrier’s 10 terminals that had fuel tanks were turned into private CFN cardlock sites and signed to a 5-year fuel supply agreement. These private CFN cardlocks established a local fueling station (with card reader), allowing drivers to use their fuel cards on site, which created visibility to fuel consumption by driver and vehicle.
For a back-up off-site fueling solution, the drivers were provided with CFN cards that can conveniently be used at public cardlocks (unmanned fueling sites) and truck stops.
Additionally, at the customer’s terminals that did not have fueling tanks onsite, World Kinect is supplying fuel by delivering fuel directly into customer’s fleet (Onsite Fleet Fueling).
No matter if the carrier gets fuel at their terminal, over the road, or from onsite fleet fueling, the customer is now able to capture all usage and cost data in one system and see every transaction in a consolidated and detailed report. Utilizing a single fuel supplier changed the way the carrier administers fuel and tax reporting, and has generated savings in one of their largest variable operating cost category.
Business Impact
REDUCED ADMIN COSTS
SAVINGS OF $.85/USG AT SOME PRIVATE CFN SITES
$26K CREDIT RETRIEVED
Source energy
and fuel
SAVINGS OF
$.02-$.10/GALLON
World Kinect also provides lubricants and DEF (diesel exhaust fluid) to the carrier.
