Fleet Advantage survey shows fleets can better use data to lower total cost of ownership
Fleet Advantage has announced results of its latest industry-wide survey addressing the gap that remains for today’s fleets in the way they utilize data and business intelligence to run their trucks and fleet operations.
When it comes to investing in new trucks, listen to the data
We make a lot of decisions with our gut, but truck lifecycles are complicated, and the decision to invest in new trucks isn’t one that should be made based solely on how you feel about it.
Four truck trends from 2018 and whether they will continue into 2019
The dawn of a New Year often serves as a good time to take look back at the last year and then turn our eyes forward to the year that’s coming. With the help of Brian Holland, president and chief financial officer at Fleet Advantage (a consulting firm that works with fleets to determine the
Fleet Advantage: ‘25% of fleets receiving below market value on trucks’
Truck fleet business analytics, equipment financing, and lifecycle cost management provider Fleet Advantage has released the second part of its recent annual benchmarking survey, with topics on procurement and disposal of Class-8 heavy-duty trucks for private fleet and for-hire carriers. According to the survey, the same number of respondents said they pay for their trucks through
Fleet Advantage announces enhancements to its ATLAAS software
Business analytics company Fleet Advantage equipment financing has announced that it has enhanced its ATLAAS (Advanced Truck Lifecycle Administrative Analytics Software). The company says the newly launched platform, ATLAAS Unified, will reshape the way private fleets and for-hire carriers operate, manage and evaluate fleet costs through several strategic advancements and new solutions. Fleet Advantage’s ATLAAS software
Optimizing your fleet can help alleviate the wait for new equipment
As you probably know, the trucking industry is absolutely booming right now and things look to continue this way into next year. It seems like every month a new record is being set by truck orders, trailer orders or both. This is fantastic news for the industry, but there is a downside for fleets, which
Savings from buying new trucks have increased, according to Fleet Advantage data
Fleet Advantage has released its 2018 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early-model Class 8 trucks to 2019 model-year replacements. The TLDI serves to provide a snapshot of the cost savings involved, based on actual fleet truck utilization data, when replacing older trucks with newer, more efficient vehicles. With diesel costs
Fleet Advantage releases report on rising costs of maintenance, repair for older trucks
Fleet Advantage has released a report showing the impact aging trucks have on maintenance and repair (M&R) costs, and the savings fleets realize when replacing with newer equipment. The report, “Mitigating Rising M&R Costs for Class-8 Truck Fleets,” also provides various M&R data comparisons, actionable tips to lower M&R costs and can be used by
Upgrading to newer trucks more frequently is paying off
Fleet Advantage, a truck fleet business analytics, equipment financing and lifecycle cost management company, released its 2017 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early-model Class 8 trucks to 2018 model year (MY) replacements. The TLDI shows significant cost savings when replacing older-model vehicles with 2018 MY trucks. Working from Fleet Advantage’s
Why aren’t you using your truck’s data to improve fuel economy?
It’s no secret that your trucks are streaming data from their on-board computers every second that they are on the road. Everything from the time spent in top gear to the time spent in cruise control is spilling off your truck, leaving a breadcrumb trail of insight that can lead your fleet to improved fuel
Fleet Advantage releases Q3 2016 Truck Lifecycle Data Index
Fleet Advantage released its third quarter 2016 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early-model Class 8 trucks to all-in operating costs of current model year replacements. The TLDI shows fleet operators the cost savings involved when replacing older-model vehicles with 2017 trucks. In fact, these replacement numbers show a slight increase in
GHG Phase 2: The effects on heavy-duty truck fleets
According to John Flynn, chief executive officer of Fleet Advantage, “The initial Greenhouse Gas (GHG) mandates have already saved Class 8 transportation fleets millions of dollars in operating costs by reducing fuel consumption.” On Aug. 16, the federal government passed the proposed regulation, GHG Phase 2, to further tighten emissions and improve fuel economy for
