Fleet Advantage Builds Clean Diesel Initiative Provides Fleet Lifecyle Cost Management

This paradigm shift in lifecycle management is also improving driver retention and reducing CO2 emissions.

Fleet Advantage
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Fleet Advantage, a provider of truck fleet business analytics, equipment financing and lifecycle cost management, announced the continued growth of its clean diesel initiative, highlighted by improvements in key business metrics. On-boarding of new clients, additional business from existing clients, new Class-8 orders in excess of 1,800 tractors, and lease origination volume exceeding $200 million for the 9-month period ending Sept. 30, 2014.

EXchangeIT, the proprietary continuous improvement business model, can save clients in excess of $15,000 per tractor during its first year of operation. Companies across all industries are realizing the value of managing their fleet data and changing their philosophy to a 3- to 4-year lifecycle from the historical seven to 10 years to take advantage of the year-over-year improvement in tractor MPG, as well as significant reductions in maintenance and repairs. This paradigm shift in lifecycle management is also improving driver retention and reducing CO2 emissions. 

“EXchangeIT™ is gaining universal acceptance within America’s top corporate fleets. The adoption of an economically sustainable lifecycle model that has the added bonus of being environmentally responsible is driving our client’s behavior,” said Brian Holland, president of Fleet Advantage. “Focusing on promptly replacing older trucks when they become economically obsolete is solving a myriad of difficulties facing corporate fleets today. Our program improves driver retention, lowers overall costs, and provides clients with a flexible, cost-effective solution that can proactively respond to ever changing business patterns.”

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