Fleet Advantage has expanded its asset management solutions through its new EXchangeIT Trailer Lease Program, enabling flexible trailer lease solutions that provide a lower total cost of ownership (TCO).
Fleets that replace their trailers every five to seven years through the EXchangeIT program, as opposed to legacy practices of operating them for ten years or longer, can achieve significant savings to their bottom line, according to Fleet Advantage. Refrigerated trailers see the largest cost savings, a per-unit savings of $8,758 in the first year, when replacing a 2015 model year with a 2021 model year, Fleet Advantage says.
Similar to tractors, trailer technologies and design advancements are rapidly evolving due to the Greenhouse Gas Emissions Mandates and a common goal of increased fuel economy, the company says. In addition to developing aerodynamic components, benefits of new equipment include temperature and trailer tracking, tire monitoring and inflation systems, and overall cooling improvements that eliminate degradation of insulation. Lastly, newer trailers have higher reliability with trailer uptime and provide compliance with various mandates such as the California Air Resources Board Regulations (CARB), Tier 4 emission standards, and the Food Safety Modernization Act (FSMA).
