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Fleet Advantage Announces Record Lease Origination Volume in First Half of 2019

July 16, 2019, 07:15 AM
Filed Under: Trucking

Innovative Lifecycle Cost Management (LCCM) & EXchangeIT® Leasing Program Reducing Fleet's Costs While Improving Efficiency.

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and lifecycle cost management, announced it has established a record amount of lease originations exceeding $200 million for Jan. 1 through June 30.

Fleet Advantage enhances truck transportation fleets by leveraging data analytics and business intelligence combined with asset management and flexible financing. The company assists private fleets and for-hire carriers via a Fleet Modernization Program — modernizing and updating their truck fleets and business strategies, reducing operating costs, increasing financial flexibility, and benefitting operations by increasing efficiency, driver recruitment, retention and on-time deliveries.

“Our record revenue performance in the first half indicates more transportation fleets are recognizing the substantial benefits of leveraging data, technology and business intelligence which leads to shorter asset lifecycles,” said John Flynn, Chief Executive Officer of Fleet Advantage. “Our dedicated, professional staff has saved fleets millions by improving their bottom line while creating a more competitive advantage, improving operations, delivery times, customer service, safety and driver recruitment and retention.”

Fleet Advantage services 28 of the top 100 fleets in North America. With the help of Fleet Advantage’s turn-key asset management including its EXchangeIT® flexible leasing solution and its award-winning ATLAAS Unified (Advanced Truck Lifecycle Administrative Analytics Software), the company helps its clients lower their Total Cost of Ownership (TCO) through technology and data analytics.

For additional information see the press release.

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