Fleet Advantage closed 2024 with significant accomplishments, including the addition of new clients and the management of over 30,000 units.
The company reported leasing one out of every 42 U.S. tractors over the last decade, according to the company’s Jan. 23 release. Fleet Advantage offers fleet financing, data analytics, and life cycle cost management.
Amid economic uncertainty, Fleet Advantage supported clients navigating industry challenges such as rising costs, driver shortages and compliance with the EPA 2027 NOX rule and CARB zero-emission mandates, according to the release. The company introduced five-year procurement plans to help fleets prepare for anticipated regulatory-driven truck pre-buys.
Key innovations in 2024 included a new maintenance solution in partnership with FleetNet America/Cox Automotive, an unbundled full-service lease index for cost savings, and the “EV Path” program to guide fleet transitions to electric and alternative fuel vehicles, according to the company release. Fleet Advantage also expanded its unbundled leasing program, managing 5,500 units under this structure.
Fleet Advantage manages over $3 billion in assets and serves more than 50 of America’s top corporate fleets, including five of the top 10 private fleets, according to the release. Recognized for innovation and sustainability, the company continues to drive advancements in fleet management and community impact.
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