Fleetsmarts
Factoring, Fuel Planning and Fuel Optimizing
Salt Lake City, Utah
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Summary
Fleetsmarts was created from practical experience in the trucking industry, built by people who spent years operating trucks and managing the daily responsibilities of freight transportation. Before the company began offering services to other carriers, it started as a trucking operation more than a decade ago. During those years, its leadership encountered many of the same financial and operational challenges that smaller carriers across the North American market regularly face. Tight margins, delayed payments for completed loads, and the constant need to manage fuel expenses while keeping trucks moving were all part of that experience. These realities eventually shaped the vision behind Fleetsmarts.
The company was founded on the belief that smaller carriers often work just as hard as large national fleets but do not always have access to the same financial flexibility or operational tools. Independent operators and growing fleets frequently handle immediate expenses such as fuel, payroll, maintenance, and insurance while waiting weeks to receive payment for completed deliveries. This delay can put significant pressure on operations and limit growth opportunities. Fleetsmarts was established to help carriers manage these challenges more effectively by offering services designed around the real conditions of trucking.
In January 2018, Fleetsmarts officially launched its operations arm, focusing on factoring, fuel planning, and fuel optimization. These services were created to address two areas that strongly influence trucking businesses: stable cash flow and controlled fuel costs. Because the company’s foundation comes from firsthand trucking experience, its approach focuses on practical support that fits the everyday realities of running a fleet.
Factoring is one of the core services Fleetsmarts provides. In trucking, carriers often complete loads long before payment arrives. During that waiting period, they still need to cover essential expenses. Fleetsmarts helps reduce that financial gap by allowing carriers to convert unpaid invoices into faster access to working capital. By submitting load documentation, carriers can receive funds sooner and continue operating without being slowed by long payment cycles.
Fuel planning is another important part of the company’s services. Since fuel often accounts for the largest operating expense for trucking companies, careful planning can significantly influence overall profitability. Fleetsmarts reviews routes and fuel pricing conditions to help carriers plan fueling decisions before beginning a trip. This preparation allows drivers to avoid unnecessary fuel costs and reduces the need to search for fueling options while on the road.
In addition to planning individual trips, Fleetsmarts works with carriers to review their overall fuel purchasing patterns. By evaluating routes and spending trends, the company helps fleets identify opportunities to manage fuel costs more efficiently over time. Through its focus on factoring, fuel planning, and fuel optimization, Fleetsmarts continues to support carriers seeking stable operations and stronger financial control.
