Truck Spec Design

The Fleet AdvantEDGE

NPTC Driver Safety Letter June 2019

Posted by Katerina Jones - Sr. Director on 6/13/19 9:05 AM

stop. trains can't.

We all need to take greater care at highway-rail grade crossings. A highway-rail grade crossing is an intersection where a roadway crosses railroad tracks at the same level or grade. Such crossings may be encountered on both public and private roads. There are more than 250,000 such crossings in the U.S. Although the highway safety picture has improved considerably over the last decade, still too many people are killed and injured every year at grade crossings. Of all the highway-rail grade crossing incidents annually, around 500 involve trucks or tractor-trailers. This translates to an average of about 10 per week. 

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Topics: Fleet Safety, Fleet Management, Truck Fleet Operations

Latest Fleet Advantage Survey Shows Vast Communications Challenges Between Truck Fleet Operations & Finance Departments

Posted by Katerina Jones - Sr. Director on 7/12/18 11:11 AM

Finance and Operations Not On The Same Page Regarding Focus Of Fleet Cost Management and Procurement

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management announced today its latest industry survey showing where there’s a significant lack of communication between fleet operations and finance departments within many organizations with a private fleet.

Where Is the Lack of Communication?

The online survey shows private fleet management personnel highlighting several obstacles when trying to communicate fleet operational needs with finance departments. Signifying this lack of communication, 37.5% of fleet executives cited the inability of their finance departments to clearly communicate the company’s financial metrics and goals to the operations department as the largest communications struggle. An additional 34.4% said finance doesn't understand the benefit of investing in newer equipment; and 31.3% said finance doesn't understand various operating costs associated with the fleet.

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Topics: Lease vs Buy, Fleet Management, Truck Fleet Operations

Latest Fleet Advantage Equipment Lease Vs Buy Study Showing Operating Cost Savings for Private Fleets and For-hire Carriers

Posted by Brian Holland, CTP on 7/12/18 11:10 AM

Significant Savings Realized When Leasing Compared to an Ownership Model Over the Same Period

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing and lifecycle cost management unveiled today new analysis that shows the operating and financial benefits of a truck lease vs. buy structure for private truck fleet operators, as well as for-hire carriers. The analysis illustrates a missed opportunity for cost savings when comparing a seven-year ownership of one truck to a four-year ownership and a four-year lease of two consecutive trucks.

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Topics: Lease vs Buy, Truck Fleet Analytics, Data Analytics, Fleet Management

Latest Data Analysis Shows Truck Cost Savings Continue to Increase Year-Over-Year When Upgrading to Newer Models More Frequently

Posted by Brian Holland, CTP on 12/6/17 10:45 AM

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management made public today its 2017 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early-model Class-8 trucks to 2018 model-year replacements. The TLDI shows significant cost savings when replacing older-model vehicles with 2018 MY trucks. According to Fleet Advantage’s ATLAAS (Advanced Truck Lifecycle Administrative Analytics Software), the TLDI shows that fleet operators can realize a first-year per-truck savings of $22,162 when upgrading from a 2012 sleeper model-year truck to a 2018 model, a 17% increase in savings compared with year-ago figures ($19,023) for 2017 model-year upgrades. 

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Topics: Fleet Maintenance, Truck Fleet Analytics, Data Analytics, Fleet Management, Fleet Optimization

Big Rigs Achieving 10 MPG Will Become a Standard In The NEAR Future!

Posted by Katerina Jones - Sr. Director on 11/9/17 11:59 AM

Fleet Advantage was founded in 2008 on a number of principles formulated around information technology. It was also founded upon the necessity to help organizations improve their tractor fleets’ productivity and to reduce operating costs by improving their fuel efficiency from 6.0 MPG to 10.0 MPG. One of the cornerstones was the Greenhouse Gas Mandate that took effect in 2011 with its requirement to reduce CO2 emissions, which can only be accomplished by improving fuel economy/MPG.  The technology and supporting data analytics have arrived, and we are now seeing the results we knew were there - tracking a goal of 10.0 MPG.

A recent success program called “Run on Less”, organized by the Carbon War Room and the North American Council for Freight Efficiency, proved that 10 MPG is possible using technology that are available on the market today. The results exceeded the original 9 MPG goal set by CWR and NACFE.

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Topics: Data Analytics, Fleet Management, Fleet Optimization, GHG, Fuel Economy, NACFE