June 26, 2017 6:04 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Veeder-Root Company Inc.

Company Overview

Veeder-Root Company Inc. manufactures and supplies automatic tank gauging (ATG) and fuel management systems worldwide. The company offers Insite360 Fuel, a cloud services platform that enables operators to monitor, configure, and control their wet stock management assets across their entire network of sites from a dashboard; and Web-enabled applications and systems that facilitate environmental compliance, fuel inventory control, fuel logistics, site equipment uptime, and professional services. It also provides automatic fuel tank gauge systems that include ATG consoles, site management software, probes and float kits, fuel tank level sensors and gauges, Web-enabled remote site connectivity ...

125 Powder Forest Drive

Simsbury, CT 06070-2003

United States

Founded in 1928

Phone:

860-651-2700

Fax:

860-651-2719

Key Executives for Veeder-Root Company Inc.

President
Director of Engagement
Vice President of Marketing
Compensation as of Fiscal Year 2016.

Veeder-Root Company Inc. Key Developments

ABF Freight Selects Veeder-Root's Insite360 FuelQuest for Bulk Fuel Management

Veeder-Root announced that a multi-year contract with ABF Freight. Under the agreement, Insite360 FuelQuest will provide comprehensive bulk fuel management services for ABF Freight's terminal network in North America, enabled by Veeder-Root Automatic Tank Gauges with algorithms, advanced security features and real-time notifications. Insite360 FuelQuest will provide ABF Freight with a supplier-independent fuel procurement and management solution backed by fuel management software and seasoned industry experts. Given that fuel costs are typically the second high operational expense for fleet-based companies, the increased transparency offers greater insight into fleet fueling costs. 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; and increased security of fuel supply.

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Recent Private Companies Transactions

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