Fleet Advantage announced its recent 184.7% growth in lease originations earned the company top accolades according to Monitor’s rankings of top independent leasing companies.

Every year, Monitor recognizes the top independent leasing companies by featuring them in its Top Private Independents edition. Fleet Advantage was ranked eighth in the nation with lease origination revenue totaling $232.6 million. The company also ranked fourth in volume/employee productivity with a $6.65 million per employee volume ratio.

“It is evident that the transportation industry is motivated by Fleet Advantage’s unparalleled insight in using data analytics to dramatically reduce costs. They recognize the dedicated and talented group of individuals at Fleet Advantage as an extension of their own operation. We are all working together as a team toward a specific goal: creating value for their organizations,” said John Flynn, CEO of Fleet Advantage. “New truck technology, data collection and business intelligence reporting is rapidly reshaping the transportation industry landscape. That reporting capability is allowing private fleets to experience savings in areas that were not-so-long-ago impossible to analyze.”

“The economic advantages of improved fuel efficiency, reduced emissions and intelligent use of business analytics to increase economic upside for our clients is what is driving Fleet Advantage’s hyper-growth,” said Brian Holland, president and CFO of Fleet Advantage. “We completed another successful first quarter with over $51 million in lease originations and are predicting a strong second quarter as well.”

To view the full Monitor private independents ranking, click here.