Survey shows definitive shift to adoption of shorter asset lifecycles
This survey also illustrates a clear rise in leasing new equipment.
Fleet Advantage, Ft. Lauderdale, Fla., released results of its latest industry survey, which takes an annual look at practices and insights from truck fleet operators and for-hire carriers.
This survey is a follow up to industry research conducted by Fleet Advantage in 2015. Among the largest takeaways, survey data shows more fleets acquiring new trucks by leasing and shortening their asset lifecycles before replacement, compared to the previous years’ data of an average of 7 years.