FORT LAUDERDALE, FL (January 06, 2021) – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM) today announced it has been named to Food Logistics’ 2020 FL 100+ Top Software and Technology Providers annual list. This is the seventh straight year that Fleet Advantage has been included in the list. The annual FL100+ Top Software and Technology Providers honors leading software and technology providers that ensure a safe, efficient, and reliable global food and beverage supply chain.
In almost every industry, the transport of goods has been disrupted significantly by COVID-19, with great financial impact on the bottom line for millions of companies. Like many organizations, food and beverage companies were adversely affected by the pandemic. Even though the demand for loads increased, shipping rates dropped, placing further financial strain on these organizations.
Fleet Advantage helped numerous companies downsize their fleets if they had a surplus of trucks through its pioneering Sale-Leaseback program. The program allows organizations to select the assets from their fleet that are older models, which are inefficient and unreliable, and Fleet Advantage will purchase those assets and lease them back to the fleet for an interim period until they can transition to new equipment when ready.
Through Fleet Advantage’s ATLAAS (ADVANCED TRUCK LIFECYCLE ADMINISTRATIVE ANALYTICS SOFTWARE) platform, the organization can select the asset that will be most cost effective to replace as the system aggregates and consolidates truck operating data and offers sophisticated Business Intelligence and Fleet Data Analytics to help fleet executives interpret vast amount of information to make more efficient, profit-producing decisions.
“We are honored to be recognized as a top software and technology provider in the food and supply chain space, especially given the current economic circumstances that food and beverage transportation fleets have faced this year,” said Jim Griffin, Chief Operating Officer and Chief Technology Officer at Fleet Advantage. “As a technology provider, we’re continuously seeking new and innovative ways to improve and offer data-driven cost savings to our customers in the supply chain.”
Since inception, ATLAAS has helped customers save an estimated $200 million, and as a result Fleet Advantage has over $1 Billion of assets under management and serves America’s top truck fleets. ATLAAS has over 18 billion miles of data as part of the company’s tracking and analysis and monitors over 54,000 vehicles offering advantages in benchmarking of operating costs and providing monthly, quarterly, and annual fleet reporting for Total Cost of Ownership.
“From fleet management to warehouse management to simply just track and trace along the cold food chain, these software and technology providers have definitely stepped it up to ensure cold food and beverage products continue moving along the line without incident,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. “This pandemic has thrown the food industry a curveball, but many of these providers fast-tracked the development and deployment of their solutions to ensure food safety, traceability, visibility and quality assurance. So, to these winners and others in the industry working to make a difference, thank you!”
Companies on this year’s 2020 FL100+ Top Software and Technology Providers list will be profiled in the November/December 2020 issue of Food Logistics, as well as online at www.foodlogistics.com.
About Food Logistics
Food Logistics is published by AC Business Media, a business-to-business media company that provides targeted content and comprehensive, integrated advertising and promotion opportunities for some of the world’s most recognized B2B brands. Its diverse portfolio serves the construction, logistics, supply chain and other industries with print, digital and custom products, events, and social media.
About Fleet Advantage
Fleet Advantage has over $1 Billion of assets under its Life Cycle Cost Management (LCCM) program and serves America’s top corporate fleets. Fleet Advantage guarantees the absolute lowest cost of operation by providing truck and trailer financing with matching proprietary data driven IT processes and fleet analytics, using the latest equipment technology to achieve optimum vehicle productivity and maximum safety. 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 2018, Fleet Advantage was ranked the 9th Top Private Independent from Monitor Daily; and in 2015 and 2013, the company was named to Inc. magazines’ 500|5000 list of fastest growing companies in the nation. In 2011, CEO John Flynn received the Ernst & Young Entrepreneur of the Year® 2011 Florida – Emerging Category award.