Fleet Advantage

Autonomous trucking language can be a little off-putting to the uninitiated. One exception may be the term “feature complete.”

Truck Talk is a FreightWaves weekly newsletter focusing on electrification and autonomy developments in trucking with perspective and context.

The advanced safety features found in today’s newer trucks are a significant motivating factor for drivers to remain with a particular fleet.

Daimler Trucks adds three safety advances, building on NHTSA data showing fewer truck-related crash deaths.

New Class 8 truck orders are piling up, leading fleets to turn to used equipment to add capacity in a consumer-driven freight market.

Increased freight volume and higher carrier profits always drive Class 8 truck demand. The circumstances in 2020 differ from 2018’s tax cut-driven boom, but reasons for the surge are identical.

All stakeholders are experiencing used truck momentum despite and because of the lingering pandemic.

Prices are firming and demand is rising for used trucks after more than a year of doldrums mirroring a slowdown in new truck orders.

The recovery in freight pricing led to a five-year high in certain used truck auction volumes in June as crowds of identical used sleeper trucks pushed some prices lower.

John Flynn is convinced that safety equipment on heavy-duty trucks saves lives and could reduce nuclear verdicts. His company, Fleet Advantage, is taking a financial risk to prove his point.

Fleet Advantage offers book value cash and leasebacks to help trucking companies weather the economic crisis while banking on selling them new trucks down the road.

April’s coronavirus impact intensified pricing pressure in an already depressed used truck market where most cash-conserving buyers held back on purchases.

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Fleet Advantage is adding predictive modeling to its ATLAAS platform, giving fleets a look at vehicle replacement cost savings at specific points in time.

Fleet Advantage says that data supports shorter trade cycles for trailers, allowing fleets to benefit from newer technology.

Managing a truck’s lifecycle proper requires understanding thousands of data points. Fleet Advantage is trying to make that process easier with its ATLAAS Unified system.

There are numerous reasons why electric trucks may continue to take a backseat when private transportation fleets and for-hire carriers are developing their truck procurement strategies.

The tax changes of 2017 caused some fleets to consider leasing as opposed to buying, and new accounting rule changes could have a similar effect, says Fleet Advantage.

Fleet Advantage, the truck fleet analytics company has added new features to its ATLAAS solution including customizable dashboards that allows real-time truck visibility and identifying when an assest becomes economically obsolete.

Tax changes have made leasing an even more inviting proposition for fleets, says the COO of Fleet Advantage.