FORT LAUDERDALE, FL – John Flynn has developed a new business model, Fleet Advantage, an IT-based truck leasing product and consultancy that provides a highly personalized service through reporting and fleet management systems.

The company’s lease product provides services to help companies increase efficiency and significantly reduce the costs of operating and maintaining a corporate truck fleet, specifically, Class 8 trucks and trailers.

Fleet Advantage is an affiliate of the newly-founded Air, Land, and Sea, LLC, an umbrella transportation leasing organization that includes private jets and mega-yachts.

The consultative side of Fleet Advantage will include a fleet audit and regular reports on such factors as maintenance cost per mile, fuel economy (using metrics such as engine idle time, progressive shifting, percent of time in top gear, etc.), and warranty recapture. This data will be aggregated to assist customers in tracking the progress of the fleet and to make informed decisions about individual truck replacement based on each truck’s P&L report lifecycle.

Fleet Advantage’s “ExchangeIT” interacts with up-to-the-minute data (repairs, fuel costs) for making objective, dynamic business decisions and allows a company to replace any truck in the fleet at any point during the lease. Additional tools in the Fleet Advantage leasing program that interact with “ExchangeIT” include:    

• TrackIT: This database provides a formula for measuring fleet utilization, allowing fleet managers to measure and manage their fleet by miles and months, not years.

• EvaluateIT: Goes beyond the standard financial metrics and includes operational costs (maintenance), facts on fixed and variable costs (fuel consumption, tires, etc.), and a comparative cash flow model, providing information to realize substantial savings and dictate the unit lifecycle.

• LeaseIT: There are several variables to be considered when evaluating whether to lease or buy, including purchase price, residual value, cost of capital, composite income tax rate, lease rate, hurdle rate, operating term, flexibility, sales tax rate, and depreciation. 

• GreenIT: Fleet Advantage is an affiliate of the EPA’s SmartWay Transport Partnership and is committed to helping the truck fleets save fuel, money and the planet.

For more information, visit www.fleetadvantage.net.