FORT LAUDERDALE, Fla. (April 4, 2022) – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM), announced today it will exhibit at the National Private Truck Council’s (NPTC) 2022 Annual Education Management Conference and Exhibition (booth #722) from April 10-12 in Cincinnati, Ohio. Members from Fleet Advantage’s executive team are meeting with corporate fleets, addressing flexible fleet solutions to help navigate a host of ongoing industry challenges, including truck shortages.
NPTC’s Annual Conference and Exhibition is the marquee national private truck fleet event of the year. The conference offers educational programming, best practices, and networking opportunities that are exclusively designed for the private and corporate fleet professional.
Flexible Solutions to Secure New Equipment
Corporate fleets continue to recognize the need for speed and flexibility during this challenging economic climate. Fleet Advantage will discuss its innovative Sale-Leaseback Program at NPTC, which was developed to help corporate fleets remain flexible and agile in securing new equipment.
Under terms of the program, Fleet Advantage will purchase a fleet’s 5-year or older tractors at a $5,000+ premium over current Book Value, and lease them back for continued use. Fleet Advantage will issue a PO for New Equipment with Delivery in Q4 ’22. During the lease term, fleets can cancel the leases without penalty for new, state-of-the-art trucks at a fixed monthly payment.
Certifying GHG Output for SEC Disclosures
Fleet Advantage executives will also address how it can help corporate fleets achieve their environment, social, governance (ESG) goals. The company recently announced a first-of-its-kind program that helps corporate truck fleets certify their greenhouse gas emissions (GHG) output, recently mandated under a proposed rule issued by the Securities and Exchange Commission (SEC). Fleet Advantage is the only finance lessor that has been certifying such measures for a decade with a focus on tractor trailer fleets that operate high annual mileages (MPY).
Since its inception, Fleet Advantage has introduced breakthroughs including emissions scorecards, early truck EXchangeIT® program, and financial flexibility to acquire use of clean-diesel engines more frequently as the emission technology advances. This program has helped fleets meet GHG-1 and -2 Federal mandates to reduce CO2, while saving millions of dollars year-over-year with improved MPG and reduced fuel consumption.
“Our innovative industry solutions have never been more compelling, and we’re excited to showcase how we’re leading the industry in these critical areas at the NPTC conference,” said Katerina Jones, Vice President Marketing & Business Development for Fleet Advantage. “Our team is committed to helping our customers navigate through the continued industry challenges they’re facing today.”
For more information on these and other programs visit Fleet Advantage at NPTC (booth #722) or contact the company to schedule a meeting.
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.