Fleetworthy acquired commercelogic, a provider of predictive tolling and GPS-powered analytics. This strategic acquisition combines commercelogic's advanced technology with the Bestpass by Fleetworthy platform, empowering fleets with predictive toll insights, automated reconciliation, and unprecedented cost-saving opportunities.
“Commercelogic’s innovative technology and AI perfectly complements our industry-leading toll management solution. This asset acquisition aligns with Fleetworthy’s broader vision of improving fleet safety, compliance, and efficiency,” says Tom Fogarty, CEO of Fleetworthy. “By adding commercelogic’s capabilities to our portfolio, we’re reinforcing our commitment to delivering the most advanced and comprehensive toll management solutions in the industry.”
Key takeaways:
· By integrating commercelogic’s predictive technology, the Bestpass by Fleetworthy platform will offer fleets near real-time toll visibility, automated discrepancy detection, and dynamic route optimization.
· Key benefits of the integration include predictive tolling; automated reconciliation; alternative route analysis; independent verification; and scalability.
“This acquisition continues our commitment to offering the most advanced toll analytics to fleet operators,” says Shay Demmons, chief product officer of Fleetworthy. “By integrating commercelogic's predictive tolling and AI capabilities, we will empower fleets with near real-time toll visibility, automated reconciliation processes, and the ability to optimize routes and costs in ways that were previously not possible.”
“The combination will revolutionize the future of toll analytics and management,” says Levi Sorenson, general manager of commercelogic. “Fleetworthy is a pioneer in fleet technology, and Bestpass is the trusted leader in toll management solutions. Together, we will set a new benchmark for toll insights and automation.”
