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Fleet Advantage

Fleet Operations, Finance Departments Not Seeing Eye to Eye

Corporate finance departments and fleet managers bring different perspectives to priorities such as vehicle acquisition, cost reduction measures, and maintenance and repair that can create obstacles such as "a significant lack of communication," according to a new survey from Fleet Advantage.

Tax Changes and the Truck Leasing Decision

Fleets need to be aware of 2018 tax changes, because the way they procure their equipment can have a significant impact to their overall business, bottom line and financial performance. One leasing company explains how some of these changes affect the lease-vs.-own decision.

Fleet Advantage Leases 10,000th Truck

In 2017 alone, Fleet Advantage placed purchase orders on more than 1,800 new Class 8 Sleepers and Daycabs from various OEMs, valued at more than $225 million.

Lifecycle Index Shows Boost from Buying Latest Trucks

Fleet Advantage’s quarterly Truck Lifecycle Data Index shows that in the second quarter of 2016, replacing 2011 model-year trucks with 2017 models will save fleets around $18,861 in the first 12 months of operation.

Data Analysis is Lowering Fleet Costs

Over a quarter of large fleets say data analysis is reducing operating costs by at least $4,000 annually per truck, according to a recent survey by Fleet Advantage.