Fuel costs are the largest component of private fleet operating costs. Recent regulations to improve fuel economy in heavy duty trucks create urgency for a shift toward new equipment and shorter lifecycles using flexible leasing structures that enable clients to replace vehicles as real-time analytical data evaluates the advantages. Regulations to improve fuel economy in heavy duty trucks are now in effect, and manufacturers predict significant ongoing reductions in heavy duty fuel consumption through 2020. With fuel prices climbing as high as $4.00 per gallon, a one mile per gallon fuel efficiency increase can save fleet operators $10,000 a year per tractor based on only 100,000 miles per year.
Fleet Advantage proprietary software provides a fuel break-even analysis and pinpoints the "sweet spot" when the fuel economy of newer model tractors improves to the point where older tractors can be replaced for a lower cost outlay what we refer to as the "Tipping Point".