Our vision is to help America's transportation fleets leverage data analytics, asset management and flexible financing to identify and act upon vehicle obsolescence.
We changed the leasing business by creating an IT infrastructure that aggregates all metrics that contribute to the cost of owning and operating a tractor.
Our lifecycle and cost management finance structure provides flexibility to allow the economic cost of each individual tractor to determine the point of its replacement.
Functional vs. Economic Obsolescence
How Many Years Can I Run This Truck vs. How Many Years SHOULD I Run This Truck?
Running equipment based on economic obsolescence and integrating new equipment technologies faster continually increase fuel efficiency and have a significant financial impact.
Our team of experts monitors and analyzes the main TCO components, helping fleets identify each truck's TIPPINGPOINT® - the point at which a truck reaches economic obsolescence, and costs more to operate than to replace with newer equipment.
By adopting this approach for each individual truck unit, fleets can better manage and predict replacement cycles while avoiding variable costs, which can also help manage truck orders and avoid lengthy in-servicing time frames.
Once the TIPPINGPOINT® is identified, our highly flexible financing solution allows customers to act on that real-time information to seamlessly upgrade their equipment at the optimal point in time with no penalties.
Our ability to track accurate, live data from our clients' trucks is a leading reason why so many fleets are now basing their truck procurement strategies based on our recommendations, saving them millions on their bottom line.
The days of re-procurement based on legacy methodology are long gone, and it's critical for companies to make the right acquisition strategy to remain competitive in all facets of asset management.
With the passing of the Greenhouse Gas Emissions (GHG) Phase 2, a new tractor 4 years from now is mandated to improve by 13% - almost a full 1.0 MPG. At 100,000 miles per year, the fuel savings will equal close to $4,500 per truck!
AFFECTS OF GHG PHASE 2 REGULATIONS ON TRUCK LIFECYCLE MANAGEMENT: The Acquisition and Disposal Decision You Make Today Will Significantly Impact Your Total Cost of Ownership
In order to realize gains from these mandates it is essential to have a strategy for the future that includes options on vehicle lifecycle practices: