Greif’s Private Fleet Delivers Savings and Efficiency

Greif’s Private Fleet Delivers Savings and Efficiency

Source: Greif

Industry News

Greif is highlighting the impact of its private trucking fleet as a key driver of efficiency, cost savings, and improved customer service. 

Through data-driven route optimization and tailored logistics solutions, the company has already realized $900,000 in savings.

The initiative supports Greif’s broader financial objectives, which include $1 billion in EBITDA, $500 million in free cash flow, and an 18% EBITDA margin. According to the company, reaching these goals requires digging into every part of the business, including transportation.

Optimization efforts vary by site, with some operations focusing on better coordination of routes and schedules, while others have shifted freight to dedicated third-party carriers. This flexibility ensures that customers benefit from the right balance of cost, speed, and reliability.

“Real optimization happens where the rubber meets the road,” Greif noted, emphasizing the role of site leaders and drivers in shaping effective solutions. Their input has been critical in identifying inefficiencies and making changes that deliver tangible benefits.

The company said further assessments are underway across more sites, with additional cost improvements expected. By strengthening its private fleet operations, Greif aims to serve customers with greater agility while advancing toward its long-term financial targets.

Greif, Inc. is a global leader in industrial packaging products and services. Headquartered in Delaware, Ohio, the company operates in more than 35 countries, providing sustainable packaging solutions that include steel, plastic, and fiber drums, intermediate bulk containers, containerboard, and other specialty products.