Fleet Advantage has launched a tariff readiness program to help fleets navigate the complex tariff landscape and its impact on truck procurement.
It claims its new program can save a 100-truck fleet more than US$4 million.
Fleet Advantage notes nearly half of Class 8 heavy trucks sold are produced in Mexico, and that proposed 25% tariffs on those trucks will impact imports and exports, as well as manufacturing and pricing.
A recent survey indicated 41% of trucking industry professionals expect these tariffs to go into effect this year.
Fleet Advantage’s tariff-readiness program was created to help fleets protect themselves from tariff-related fees, take advantage of optimal ordering periods, and provides consulting services.
“Each of the major truck OEMs have announced slightly varying schedules imposing a cascade of leveled or tiered price increases between May and July. Ordering trucks in these time periods could greatly impact the per-truck price,” Fleet Advantage warned in a release.
“We understand the concerns of our client partners regarding the possible cost increases from these tariffs,” said Brian Holland, president and CEO of Fleet Advantage. “Our tariff-readiness program is designed to provide immediate relief and strategic guidance to ensure that corporate fleets remain operational with business flexibility in mind. By planning ahead, our clients can mitigate economic and financial risks and capitalize on opportunities, ensuring long-term stability and success.”
More info can be found at www.FleetAdvantage.com.
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