Fleet Advantage Related Content

Fleet Advantage Estimates $27K in Savings from New Truck Procurement

According to Fleet Advantage, transportation companies can realize a first-year savings of $26,687 when upgrading from a 2012 sleeper model-year truck to a 2019 model. read more

Survey Shows Communication Issues Between Fleet Ops & Finance Departments

Fleet Advantage’s latest industry survey revealed there is a significant lack of communication between fleet operations and finance departments within many organizations with a private fleet. read more

Fleet Advantage Says Replacement Cost Savings Have Increased Y/Y

According to Fleet Advantage’s 2018 Truck Lifecycle Data Index, transportation companies can realize a first-year savings of $26,687 when upgrading from a 2012 sleeper model-year truck to a 2019 model. read more

ELFA Reports New Business Volume Flat in April, Up 9% in 2018 Overall

The ELFA’s reported overall new business volume for April was $7.9 billion, unchanged year-over-year from new business volume in April 2017. Year to date, cumulative new business volume was up 9% compared to 2017. read more

Fleet Advantage Earns CIO 100 Technology and Business Innovation Award

Fleet Advantage was named as one of the “CIO 100” for its fleet optimization solutions in North America, as selected by CIO Magazine. read more

ELFA/IMN Investors’ Conference: Equipment ABS Market ‘Strong at All Levels’

Presenters at the 17th Annual Investors’ Conference shared an optimistic outlook for the equipment finance industry, with ABS “strong at all levels,” M&A “very frothy” and 2018 business investment expected to be “very bullish.”... read more

Fleet Advantage Report Examines Effect of Tax & Accounting Changes

Fleet Advantage released a report illustrating key business provisions and practical implications of tax and accounting updates and how they affect Class-8 truck procurement and the lease versus buy decision. read more

Data Analytics, Digital Revolution Help Transport Fleets Replace Aging Trucks More Efficiently

Brian Holland

The trucking industry is facing an interesting dilemma as 2018 matures into the second quarter. Many private fleets and for-hire carriers are now looking to replace older trucks with newer, more efficient units. However, several factors are reaching a boiling... read more

Fleet Advantage Report Details Savings of Shorter Equipment Lifecycles

According to a report from Fleet Advantage, when fleets adopt a three-year lifecycle for their trucks, replacing with new technology in year four, they realize a savings of $42,830 in maintenance and repair costs. read more

Fleet Advantage COO/CTO to Present At IMN-ELFA Conference

Jim Griffin, COO and CTO of Fleet Advantage, will serve on the Technology and the Equipment Finance Sector panel at the 17th Annual IMN-ELFA Conference on March 20 in New York. read more

Fleet Advantage Achieves $1B in Lease Originations

Fleet Advantage reached a significant company milestone, securing $1 billion in total lease originations, with more than $200 million in originations in 2017 alone. read more

Fleet Advantage Named Top 100 Software/Tech Provider For 2017

Fleet Advantage was named by Food Logistics as a Top 100 Software and Technology Provider in 2017 for the fourth-straight year. read more

Fleet Advantage: Truck Cost Savings Continue to Increase Y/Y

According to Fleet Advantage, fleet operators can realize a first-year per-truck savings of $22,162 when upgrading from a 2012 sleeper model-year truck to a 2018 model, a 17% increase in savings compared to 2016. read more

Tax Changes Will Impact Organizations that Focus on Truck Procurement

Brian Holland

America’s corporations with private fleets as well as for-hire carriers are ordering units at an increased pace. The latest figures from ACT Research show that orders for Class 8 trucks surged 62% in October compared with activity from the previous... read more

Fleet Advantage Secures More Than $80MM Q3/17 Originations

Fleet Advantage reported results of its Q3/17 operating cycle, with more than $80 million secured in loan originations during the quarter. read more

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