FORT LAUDERDALE, FL (April 21, 2015) – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing and lifecycle cost management today announced its recent 184.7% growth in lease originations earned the company top accolades according to Monitor Daily’s rankings of top independent leasing companies.
Every year, Monitor Daily recognizes the top independent leasing companies by featuring them in its Top Private Independents edition. Fleet Advantage was ranked eighth in the nation with lease origination revenue totaling $232.6 million. The company also ranked fourth in volume/employee productivity with a $6.65 million per employee volume ratio.
“It is evident that the transportation industry is motivated by Fleet Advantage’s unparalleled insight in using data analytics to dramatically reduce costs. They recognize the dedicated and talented group of individuals at Fleet Advantage as an extension of their own operation. We are all working together as a team toward a specific goal: creating value for their organizations,” said John Flynn, CEO of Fleet Advantage. “New truck technology, data collection and business intelligence reporting is rapidly reshaping the transportation industry landscape. That reporting capability is allowing private fleets to experience savings in areas that were not-so-long-ago impossible to analyze.”
“The economic advantages of improved fuel efficiency, reduced emissions, and intelligent use of business analytics to increase economic upside for our clients is what is driving Fleet Advantage’s hyper-growth,” said Brian Holland, President and CFO of Fleet Advantage. “We completed another successful first quarter with over $51 million in lease originations and are predicting a strong second quarter as well.”
About Fleet Advantage
Fleet Advantage serves America’s top corporate fleets and guarantees the absolute lowest cost of ownership by matching proprietary data driven IT processes with fleet analytics using the latest eco-efficient clean diesel technology to achieve optimum vehicle productivity, while reducing fuel and maintenance costs. Fleet Advantage is ranked as one of the fastest-growing privately held companies in the state of Florida and the fastest growing independent truck lessor in the U.S. In 2013, Fleet Advantage was also named to Inc. magazines’ 500|5000 list of fastest growing companies in the nation. In 2011, CEO John Flynn was awarded the Florida Ernst & Young Entrepreneur of the Year® award in the “Emerging” category.
EXchangeITTM is our proprietary leasing solution that provides fleet owners the flexibility to exchange old trucks once they reach their economic TippingPoint™ – regardless of when that moment occurs in the lease term with no early termination or fees.