Fleet Advantage Projects More Than $31K in Savings for Fleets Upgrading to 2022 Models
JUN 11, 2021 - 6:29 am
Fleet Advantage will be exhibiting at the National Private Truck Council’s (NPTC) Annual Conference and Exhibition (booth No. 422) from June 13 to June 15 in Cincinnati. Fleet Advantage also released its latest Truck Life Cycle Data Index (TLDI) comparing all-in operating costs of older-model Class-8 trucks to 2022 model-year replacements.
Members from Fleet Advantage’s executive team will meet with private fleet organizations at the conference, offering a complimentary fleet analysis to help fleets lower their total cost of ownership.
The conference is expected to illustrate the value private fleets have brought to America’s transportation system and supply chain, especially given how critically important private fleets have been during the COVID-19 pandemic.
“Private fleets needed to adapt to rapidly changing market conditions while also ensuring their employees remained healthy and safe,” Katerina Jones, vice president of marketing and business development at Fleet Advantage, said. “Many of these fleet organizations worked with Fleet Advantage to scale their operations accordingly, and asset management strategies have played a crucial role in helping these organizations maximize efficiencies and lower operational costs.”
Fleet Advantage works with private fleet organizations on fleet analysis and modernization strategies to realize bottom-line cost benefits in replacing older trucks with newer units with clean-diesel technology. According to Fleet Advantage’s ATLAAS Unified (Advanced Truck Lifecycle Administrative Analytics Software), the most recent TLDI shows that fleet operators can realize a first-year per-truck savings of $31,692 when upgrading from a 2016 sleeper model-year truck to a 2022 model. For a fleet of 100 trucks, when upgrading to a 2022 model, savings can reach approximately $3.2 million.
Fleets can save $9,456 per truck in fuel in the first year following replacement of a 2016 sleeper, a 16% increase in fuel economy and a reduction in CO2 emissions.
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