Fleet Advantage, a provider of truck fleet business analytics, equipment financing, and lifecycle cost management, recently expanded its business focus beyond private fleet carriers with its flexible leasing solutions, analytics, and business intelligence services available to the for-hire carrier market.

The company helps private fleets and for-hire operators manage their heavy-duty trucks with the proprietary EXchangeIT flexible lease solution combined with ATLAAS (Advanced Truck Lifecycle Administrative Analytics Software) available exclusively to clients.

Accurate cost analysis is essential for companies operating heavy-duty trucks. ATLAAS leverages all available data to predict the most cost-effective truck lifecycle and the “tipping point,” then EXchangeIT is deployed, resulting in the lowest cost per mile.

Fleets benefit from lower equipment acquisition costs and save millions of dollars in fuel, maintenance, and finance expenses with this continuous improvement model. It increases efficiencies and productivity within their organizations, while reducing CO2 emissions with every mile traveled.

According to Brian Barze, chief financial officer of P&S Transportation LLC, this asset management solution offers specific benefits to his transportation fleet.

“By emphasizing the importance of benchmarking our current costs and capturing and analyzing the actual data from our operations, Fleet Advantage was able to quantify the resulting savings of replacing trucks earlier in our fleet based on the ‘tipping point’ versus our standard trade cycle,” he said.

Additionally, Fleet Advantage specifies new trucks with advanced technology and safety features, making them efficient, low-cost, and safe trucks.

Access www.fleetadvantage.com for further details.