Company Performance Metrics
Fleetsmarts was established with a clear perspective shaped by real experience in the trucking industry. Before becoming a service provider, the company began as a trucking operation more than a decade ago. During those early years, its leadership encountered many of the same challenges that smaller carriers across the North American market
regularly face. They saw how hard independent operators and small fleets worked to move freight while operating with fewer financial tools, tighter cash flow, and less control over their highest operating cost. Rather than accepting those limitations as unavoidable, Fleetsmarts was created to help carriers gain a stronger financial footing and better operational control.
The company officially launched its operations arm in January 2018, focusing on factoring, fuel planning, and fuel optimization. Each of these services was developed with a practical goal in mind. Fleetsmarts set out to provide small- and midsize-carriers with the financial clarity and fuel strategies needed to compete more confidently in a demanding industry. Because the company’s leadership had firsthand experience in trucking, they understood the importance of solutions that work in real operating conditions rather than theoretical models.
Factoring is a key part of the company’s services. In trucking, loads are often completed long before payment is received. While awaiting payment, carriers must still cover essential costs, such as fuel, payroll, maintenance, and insurance. Fleetsmarts helps address this challenge by allowing carriers to convert unpaid invoices into working capital more quickly. By submitting their load documentation, carriers can access funds sooner, helping them maintain steady operations and take on additional work without the pressure of delayed payments.
Fuel planning is another major focus for Fleetsmarts. Since fuel often accounts for the largest expense for trucking companies, even small price differences can affect overall profitability. The company analyzes routes and fuel purchasing patterns to help carriers make more informed fueling decisions before starting their trips. This planning helps drivers avoid unnecessary stops and higher fuel costs along the way.
Fleetsmarts also works with carriers to improve fuel purchasing strategies across their operations. By reviewing routes and spending patterns, the company helps fleets adjust their approach when certain routes consistently produce higher fuel costs. Through this combination of factoring, fuel planning, and fuel optimization, Fleetsmarts continues to support carriers seeking stronger financial stability and more efficient operations.
