Company Recognized for Second Consecutive Year for Its Innovative Lease Surrender Technology That Streamlines and Optimizes Supply Chain Operations for Organizations with Transportation Fleets
Fort Lauderdale, FL, July 1, 2025 – Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced today it has been recognized as a winner of Food Logisticsand Supply & Demand Chain Executive’s2025 Top Supply Chain Projects award. This marks the second year in a rowFleet Advantage has received the honor, highlighting its continued leadership in modernizing the transportation and logistics supply chain through innovation and automation.
As Supply & Demand Chain Executivecovers the entire global supply chain, and Food Logisticsis exclusively dedicated to the global cold food supply chain, the Top Supply Chain Projects award annually profiles innovative, case study-type projects that automate, optimize, and improve the movement of product throughout the supply chain.
Fleet Advantage was selected for its trailblazing project developed in partnership with a major national retailer. The company’s innovation, a fleet-oriented software tool that is designed to enhance the lease surrender process for organizations with transportation fleets, addresses a longstanding industry challenge marked by inefficiencies, manual documentation, and costly delays. The solution enables centralized truck return management, automated inspection coordination, and real-time digital work order processing, dramatically reducing administrative burdens and improving transparency across the lease lifecycle.
This fleet-oriented software has already delivered measurable results. It reduced lease surrender timelines from an industry average of 91+ days to just 30 days, saving one large Fleet Advantage customer over $10 million in lease extension costs. The solution has also driven a 45% reduction in administrative process errors and saved fleet management teams an average of 45 minutes per truck in labor by eliminating outdated workflows such as email chains and manual spreadsheets.
In addition to the financial and operational benefits for fleets, this technology also strengthens relationships across the broader supply chain ecosystem, including OEMs, finance partners, and maintenance providers. The platform enhances visibility, risk assessment, and coordination—ultimately enabling organizations with transportation fleets to execute vehicle transitions faster and with fewer errors.
“This recognition for the second consecutive year by Supply & Demand Chain Executiveand Food Logisticsreinforces our mission to continuously innovate in areas where the supply chain has been underserved,” said Matt de Aguiar, MBA, CLFP, Chief Operating Officer of Fleet Advantage. “Our fleet-oriented software tackles a decades-old industry problem with modern digital tools that deliver real business value, helping organizations with transportation fleets improve cost management and operational efficiency.”
For more information on this award and to view other Top Supply Chain Project winners, please click here.
Fleet Advantage is the largest independent lessor for heavy-duty Class-8 trucks and has over $3 Billion in assets and over 30,000 units under its Life Cycle Cost Management program. This comprises a client portfolio of more than 50 of America’s top corporate fleets, including five (5) of the top 10 private fleets in the country. Fleet Advantage guarantees the absolute lowest cost of operation by providing fleet asset management, financing solutions, and fleet analytics, using the latest equipment technology to achieve optimum vehicle productivity and maximum safety. Our model of TCO, clean diesel, and safety-enhanced trucks with shorter life cycles complement our customers’ ESG goals. The accomplishments of Fleet Advantage and our leadership team continue to be recognized for tremendous growth and industry leadership with numerous awards, including Top Private Independent and Most Innovative Firm by the Monitor Daily, Top Software & Tech Awards, Top Women Associates in Finance, and Green Supply Chain Awards to name a few. The company has also been named to Inc. magazine’s 500|5000 list of fastest growing companies in the nation.