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Fleet Advantage Reports Over $100 Million in Lease Originations in First Half of 2012

September 12, 2012, 06:14 AM
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Topic: Industry News

Fleet Advantage Chief Executive Officer John Flynn reports that the privately held company in Fort Lauderdale has reached a new milestone and exceeded $100 million in revenue and lease origination for the six-month period ending June 30, 2012. This marks the company’s continued and dynamic growth which has been achieved using new technology, fleet analytics and reporting systems that monitor the Total Cost of Ownership while reducing truck emissions using “clean diesel” technology.

“Fleet Advantage’s proprietary software and supporting analytic teams continue to enhance our product and generate high levels of enthusiasm and interest from customers and prospects,” said Flynn. “Our next software release, scheduled at the end of this year, will offer real-time lifecycle costs on a per truck profit and loss basis. Flynn believes the antiquated methods of using model year and fleet average costs or life-to-date costs have been eliminated forever.”

Fleet Advantage serves the needs of Fortune 500 companies with private truck fleets operating in North America. In 2011, Flynn was awarded the Florida Ernst & Young Entrepreneur of the Year award in the “Emerging” category. The award recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

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