The Fleet AdvantEDGE

Earth Day is a time to reflect on how we can make meaningful environmental progress, not just in the future, but right now.

The transportation industry plays a critical role in sustainability, and while the conversation often focuses on electric and alternative fuels, clean diesel technology remains a powerful and immediate solution for reducing emissions and improving efficiency for corporate transportation fleets. As we face the challenges of climate change, individuals, communities, and various industries must come together and work towards a better future.

In the transportation industry, change is the only constant, and our team is here to help you navigate it!

As regulations shift and new technologies emerge, staying ahead requires expert insights and innovative solutions. That’s why we’re excited to attend and exhibit at several key industry events in the coming months. 

Our team will be diving into the latest industry updates, including tariffs and what the recent EPA regulations changes mean for company’s procurement strategies moving forward. We’ll also be offering a complimentary Unbundled and Maintenance & Repair Solution Analysis and showcasing the success of our Fleet Advantage Maintenance Solution powered by FleetNet America by Cox Automotive, which continues to help provide cost savings to customers nationwide. 

As we reflect on 2024, Fleet Advantage has experienced continued growth, but we also recognize the new challenges our clients and partners face in an evolving transportation landscape. The industry has seen notable shifts this year, with pressure from regulatory changes, assessing alternative fuel options, combatting high Full-Service Lease rates, rising equipment costs, and navigating new equipment and procurement strategies. Companies must adapt to these challenges with forward-thinking approaches to ensure long-term success. 

JOIN US AT THESE UPCOMING EVENTS TO DISCOVER INNOVATIVE SOLUTIONS FOR TODAY’S TOP INDUSTRY CHALLENGES AFFECTING YOUR COMPANY'S FLEET OPERATIONS!

We are excited to announce that we will be attending, exhibiting, and speaking at several upcoming transportation industry events and conferences next month! Fleet Advantage executives will be offering a multitude of analyses regarding Total Cost of Ownership (TCO), alternative fuels, and will be discussing the strategy required to help you prepare for the upcoming CARB prebuy!

Additionally, our team of senior leaders and fleet experts will be unveiling a new innovation to our TCO (Total Cost of Ownership) Tech Stack that powers advanced analytics and business intelligence to help America's corporate transportation fleets leverage data technology, asset management, and flexible financing. The advancement is designed to equip you with smarter, safer, and more actionable data to power your fleet!  

Majority of Fleets Report They Are Running Longer Life Cycles, Need to Replace Trucks Over Next Few Years; Many Still Don't Have a CARB Plan

Fleet Advantage recently announced results of an industry-wide survey that measured the pulse of fleets on their life cycle strategies, how many fleets are aware of the anticipated CARB prebuy mandate, and their anticipated plans for equipment acquisition over the next few years. It’s imperative for fleets to understand the significant implications of the anticipated CARB mandate. Truck procurement and life cycle management continue to be significant topics within the transportation fleet industry, especially given all the focus on the CARB mandate, which will result in the largest truck prebuy ever leading up to 2027, beginning in 2025 into 2026, with the cost of diesel trucks increasing between $25,000 and $30,000 more per unit.

Earth Day, recognized on April 22, is an annual global event that promotes environmental protection and increases awareness about the critical need for sustainability.

As we face the challenges of climate change, individuals, communities, and various industries must come together and work towards a better future.

The transportation industry is stepping up by implementing measures to reduce its environmental footprint. Organizations with corporate transportation fleets are seeking asset management partners to help them focus on achieving their ESG (Environmental, Social, and Governance) goals.

JOIN US AT THESE UPCOMING EVENTS TO FIND SOLUTIONS FOR TODAY'S TOP INDUSTRY CHALLENGES IMPACTING YOUR COMPANY'S FLEET OPERATIONS! 

We are excited to announce that we will be attending and exhibiting at several upcoming transportation industry events and conferences in the next few months! Fleet Advantage executives will discuss the state of the industry and will be providing CARB Pre-Buy allocation consultations to help corporate transportation fleets prepare for the upcoming CARB Mandates.

Also, attendees will learn more about our exciting new partnership with FleetNet America by COX Automotive, which provides specialty financing with reliable access to nationwide maintenance. This new collaboration is helping fleets lead with flexibility by unbundling Full-Service Leases. In an Unbundled Lease agreement, fleets have greater flexibility on individual costs and their maintenance provider, but also the freedom to upgrade and scale through flexible financing, guaranteeing the lowest-possible financial costs involved with truck fleet asset management and procurement. 

Do You Have Your CARB Prebuy Allocation Plan Ready?

With the growing awareness of the California Air Resources Board (CARB) mandates and plans, one major question looms over organizations with transportation fleets: how will this ruling truly impact their procurement cycle? Last year the U.S. Environmental Protection Agency (EPA) gave its approval to California's plans, which call for an increasing number of zero-emission heavy-duty trucks. This move lines up with the state's commitment to reducing pollution as enforced by CARB, which aims for electric trucks to make up half of all heavy-duty truck sales in the state by 2035.

CARB Mandates Will Cause A Spike In Prebuy Activity

Vehicles with differing types and usages will have various phase-in dates according to the CARB plan. As such, state and local governments would be required to obtain zero-emission vehicles amounting to 50% of the additions to their fleets beginning in 2024. All new purchases would have to be ZEVs beginning in 2027.

Looking Back on 2023 and Looking Forward to 2024!                                                                                                    Looking back on 2023, Fleet Advantage has experienced extraordinary growth, setting the stage for an exciting 2024. However, it’s important to acknowledge that the transportation industry and organizations in various sectors have faced notable difficulties in the last several years. Whether it's driver and technician shortages, equipment shortages, procurement strategies, maintenance and repair issues, or achieving Environmental, Social and Governance (ESG) goals, companies need to be able to identify and adopt new processes to ensure long-term success.

Air Quality Awareness Week is a national event that takes place every year during the first week of May. This weeklong event is dedicated to raising awareness about air quality and promoting ways to improve it.

History of Air Quality Awareness Week: Air Quality Awareness Week was first observed in 1999 by the Environmental Protection Agency (EPA) and its partners. The goal was to encourage people to learn about the impact of air pollution on their health and the environment. Since then, the event has grown to include a wide range of activities and initiatives to improve air quality.