Veeder-Root, a provider of fueling logistics applications, announced a multi-year contract with ABF Freight, a subsidiary of ArcBest Corporation. Under the agreement, Insite360 FuelQuest will provide bulk fuel management services for ABF Freight's terminal network in North America, enabled by Veeder-Root Automatic Tank Gauges with industry-leading algorithms, advanced security features and real-time notifications.
"With Insite360 FuelQuest's fuel logistics service we will gain additional needed efficiencies for our fuel operations," says Gary Hunt, vice president of equipment and maintenance at ABF Freight. "We are also looking forward to the efficiencies and enhanced data availability that will be realized through their fuel invoice reconciliation process and its flexible reporting capabilities, which will enhance our own data analytics."
Insite360 FuelQuest will provide ABF Freight with a supplier-independent fuel procurement and management solution. “Given that fuel costs are typically the second highest operational expense for fleet-based companies, the increased transparency offers greater insight into fleet fueling costs,” the company said. “These capabilities allow Veeder-Root to provide its customers the following benefits:”
- Lower fuel procurement costs
- Greater visibility and centralization of fueling operations
- Reduced invoice overpayments and administration costs
- Increased security of fuel supply
"In getting to know ABF Freight, I have seen first-hand their acute attention to process and controls," says Ryan Mossman, senior director of fuel services at Veeder-Root. "A programmatic approach to fuel management that includes audit functions and visibility across their vast network is a perfect fit for a process-leading company like ABF Freight."