Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced today it will be providing new, innovative strategies for conquering the latest food distribution challenges at booth #418 at the International Foodservice Distributors Solutions Conference from September 22-25 in Kansas City. Attendees can unlock essential strategies when they stop by the booth by scheduling an appointment here.

Fleet Advantage will again offer a team of food distributor and grocery industry transportation experts who will be offering a multitude of analyses regarding Total Cost of Ownership (TCO), alternative fuels, and will be discussing the upcoming EPA standards to help distributors prepare for the upcoming CARB prebuy.

With the California Air Resources Board’s (CARB) push for zero-emission heavy-duty trucks in California and other states, food distributors currently face important decisions in their equipment procurement plans. Because of this push, distributors are considering moving up new-truck orders to ensure the equipment will have advanced technologies that support greater emissions reductions. Fleet Advantage experts will be at the conference helping distribution attendees build the right CARB prebuy strategy for their organizations so they can avoid taking a reactionary approach to their procurement cycle in trying to join in on the prebuy cycles.

Company executives will also be at the conference showcasing their latest innovative offering, a new “EV Path” program designed specifically to support food distributors and heavy-duty fleet organizations in their transition to electric vehicle (EV) and alternate fuel trucks. This pioneering initiative aims to facilitate the shift toward alternate fuel vehicles in a practical way, aiding fleets in meeting their sustainability goals while reducing emissions.

Fleet Advantage developed its new EV Path program to provide a practical solution built with flexibility in mind for food distributors navigating the complexities surrounding the adoption of EV and alternate fuel vehicles. Under the new program, Fleet Advantage will match the Lease Rate Factor on the lease of the electric truck, essentially making it the same lease payment as that of a diesel truck, which represents a more digestible investment level for a food distributor. This could represent savings to the fleet of up to $3,000.00 per truck, per month, in addition to off-loading the bulk of the equipment’s residual risk. The program offering is capped at three electric vehicle trucks per each fleet organization, however, the majority of fleets today are still taking a calculated and measured approach to the EV truck acquisition strategies as they continue to look at the buildout of their alternate fuel infrastructure, such as charging stations and maintenance operations.

“The transition to electric trucks represents a significant leap toward sustainability for today’s food distributors, but it also requires a thoughtful approach to bridge the gap between traditional diesel and alternate fuel vehicles,” said Brian Antonellis, CTP, Senior Vice President of Fleet Operations for Fleet Advantage. “Our new “EV Path” program is designed to make this transition as smooth and practical as possible for food distributors. By providing financial flexibility, customized strategies and consultative support, our team is ready at IFDA to help food distributors overcome the barriers to EV adoption and accelerate their journey toward a greener future in a fiscally responsible manner.”