Companies with transportation fleets are realizing a significant opportunity for increased savings in their Total Cost of Ownership (TCO) by moving their vehicles toward a shorter lifecycle. In doing so, these organizations are saving millions through lower maintenance and repair (M&R) costs, lower fuel expenditures, reduced emissions, and lower costs associated with safety accidents. The COVID-19 pandemic also had a significant impact on the industry during the company’s fiscal year, and in response it began offering a Sale-Leaseback program designed to infuse cash and flexibility for transportation fleets.

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https://www.foodlogistics.com/transportation/fleet-management/press-release/21196944/fleet-advantage-llc-fleet-advantage-secured-over-107-million-in-lease-originations-during-its-quarter