FORT LAUDERDALE, Fla. (March 3, 2022) – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM), announced today that Brian Antonellis, CTP and Senior Vice President of Fleet Operations will present at the ATA's Technology & Maintenance Council's 2022 Annual Meeting & Transportation Technology Exhibition, March 7-10, in Orlando, Florida. In addition to Antonellis’ speaking session, Fleet Advantage will acknowledge National Asset Management Awareness Month in March by offering complimentary fleet modernization studies for fleets at the conference at booth #824.
The heavy-duty truck transportation fleet industry continues to deal with a host of challenges carrying over from 2021, including driver shortages, logistical changes due to a fluctuating pandemic environment, and asset management hurdles that continue to impact organizational bottom lines.
Scheduled as Technical Session #3 on Thursday, March 10th at 8:00 am, Antonellis will drill down into maintenance and repair (M&R) strategies that can help fleets determine when to keep M&R in-house or outsource. An expert panel will discuss all the factors that go into these M&R decisions. With the ever-growing complexity of commercial vehicle equipment and increasing struggle of attracting and retaining technicians, even fleets that have historically utilized in-house maintenance strategies are reconsidering their approach today.
Innovation Driving Americas Businesses Forward
Resourceful transportation fleets recognize the need for flexibility during these unprecedented times of equipment shortage and delays. In addition to Antonellis’ insight, attendees and fleet transportation executives can visit the company at booth #824 for a complimentary Comparative Cost Analysis and learn how Fleet Advantage can help their company to analyze and benchmark their fleet costs and emissions scorecard and develop a strategy to modernize their fleet.
Innovative programs, such as Fleet Advantage’s aggressive Sale-Leaseback program allows organizations to select the assets from their fleet that are older models and Fleet Advantage will purchase those assets over current Book Value and lease them back to the fleet for an interim period until they place an order and transition to new equipment when available. Utilizing a Sale-Leaseback can increase cash for immediate needs like the driver shortage or extra working capital without damaging long-term procurement goals due to build slot limitations.
“Flexibility is no longer just a consideration for transportation fleets, it’s now an extremely critical business strategy,” said Brian Antonellis, CTP, Senior Vice President of Fleet Operations at Fleet Advantage. “From maintenance and repair decisions to life cycle utilization philosophies, the leading fleets of the post-Coronavirus era will recognize the need to leverage flexibility in driving their businesses forward.”
About Fleet Advantage
Fleet Advantage is the largest independent lessor for heavy-duty Class-8 trucks and has over $1.8 Billion of assets under its Life Cycle Cost Management (LCCM) program. We serve America’s top corporate fleets, including 5 of the top 10 private fleets in the country. Fleet Advantage guarantees the absolute lowest cost of operation by providing fleet asset management, financing solutions, and fleet analytics, using the latest equipment technology to achieve optimum vehicle productivity and maximum safety. Our model of TCO, clean diesel, and safety-enhanced trucks with shorter life cycles complement our customers’ ESG goals. The accomplishments of Fleet Advantage and our leadership team continue to be recognized for tremendous growth and industry leadership with numerous awards, including Top Private Independent and Most Innovative Firm by the Monitor Daily, Top Software & Tech Awards, Top Women Associates in Finance, and Green Supply Chain Awards to name a few. The company has also been named to Inc. magazine’s 500|5000 list of fastest growing companies in the nation, and CEO John Flynn was a recipient of the Ernst & Young Entrepreneur of the Year® Florida – Emerging Category award.