NPTC Renews Focus On Private Fleets’ Future
The National Private Truck Council opened its 2024 convention here in one of America’s top vacation destinations, ready to get to work. With significant challenges ahead, the transportation executives...
View ArticleAgility, Data Modeling Will Drive Fleet Business And Sustainability Success
The economy in 2024 has been punctuated by a general sense that inflation is becoming more closely aligned with the Fed’s target, and this could spell lower interest rates at some point during the...
View ArticleBusiness Flexibility & Use Of Sophisticated Data: Reshaping Fleet Operations...
In such uncertain times, flexibility becomes a key factor of success. Just as companies in a variety of industries adjust production schedules, inventory levels, and sourcing strategies to respond to...
View ArticleFLEET ADVANTAGE’S KATERINA JONES HONORED WITH NPTC EXCELLENCE IN MEMBERSHIP...
ORLANDO, Fla. (April 24, 2024) – Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced today at the...
View ArticleCutting Fleet Costs Through Unbundled Fleet Services
According to the American Transportation Research Institute (ATRI), the cost of operating a truck in 2022 was $2.251 per mile, surpassing $2 per mile for the first time in the history of ATRI’s Ops...
View ArticleTruck Lifecycle Monitoring More Critical As Regulations Ramp Up
With more stringent regulations on the horizon for model year 2027 trucks, along with projected price increases of $25,000-$30,000 per vehicle, fleets are looking for ways to maximize their ownership...
View ArticlePlanning For A Pre-Buy
Pre-buying Class 8 trucks refers to pulling forward orders, to avoid the cost and uncertainty related to new emissions standards, leaving fleets to compete for build slots. Fleets could be more likely...
View ArticleUsing Data to Manage the Lifecycle of Truck Fleets
When considering how data capture and analytics, two opposing sides of data, contribute to the overall optimization of a truck’s lifecycle within a fleet. Read the full article here:...
View ArticleThe State Of Fleets In 2024 Includes Emphasis On Business Agility, Data...
Today’s economic challenges are undoubtedly different from those experienced during the pandemic years, but make no mistake, they are still challenges. Heavy-duty fleets continue to be pinched by a...
View ArticleIndustry Survey Points To Economy As Top Challenge For Fleets In 2024
Many stakeholders in the transportation fleet industry note the economy as their primary challenge this year. There are numerous other “hot item” issues to consider — truck parking, fuel prices and...
View ArticleFleet Outlook: Economic Indicators, Increased Emphasis on Strategy, Data &...
As we’re already nearing the midway point of Q2/24, there remain a multitude of economic changes creating more challenges for every industry. While this has been top of mind for many ever since the...
View ArticleFLEET ADVANTAGE TO EXHIBIT AT THE ADVANCED CLEAN TRANSPORTATION EXPO...
FORT LAUDERDALE – (May 14, 2024) – Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced today it is...
View ArticleFLEET ADVANTAGE’S TRANSACTION MANAGEMENT TEAM HONORED AS EQUIPMENT FINANCE...
PHILADELPHIA – (May 17, 2024) – Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced today that its...
View ArticleFLEET ADVANTAGE ANNOUNCES CARB PREBUY INDUSTRY SURVEY ILLUSTRATING CHALLENGES...
LAS VEGAS – (May 20, 2024) – Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced today results of an...
View ArticleNew Business Volume in Equipment Leasing and Finance Association’s Monthly...
Volume was up 18% from $9.3 billion in March. Year-to-date, cumulative new business volume was up 4.9% compared to 2023. Receivables over 30 days were 2%, down from 2.1% the previous month and up from...
View ArticleHow To Reshape Asset Acquisition Planning
The trucking industry is no stranger to economic fluctuations. Fleets have experienced the ripple effects of market downturns, supply chain disruptions, and shifting consumer demand. In such uncertain...
View ArticleSurvey Says: Replacing Aging Fleet Inventory Becoming Bigger Issue
The survey was designed to take the pulse on fleets’ life cycle strategies and determine how many fleets are aware of the anticipated CARB prebuy mandate, as well as their anticipated plans for...
View ArticleHow Business Flexibility and the Use of Sophisticated Data are Reshaping...
Businesses with heavy-duty transportation fleets are no strangers to economic fluctuations. These companies have experienced the ripple effects of market downturns, supply chain disruptions, and...
View ArticleThe Digital Evolution Of Transportation Fleet Contracts
This trend was highlighted during the pandemic when businesses needed to digitize their back-office operations, particularly the handling of paper-based contracts and documents, to enhance efficiency....
View ArticleMajority Of Fleet Executives Unprepared For Looming Challenge
With the California Air Resources Board emissions mandate leading to the largest forecasted truck prebuy ever ahead of 2027, some fleet managers remain unprepared for the inventory and pricing...
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