Remote work or office work: ParkNews.biz Jan 4th – 10th, 2022

January 10, 2022

 

 

Remote work or office work: ParkNews.biz Jan 4th – 10th, 2022

 

Due to the pandemic, more and more people are working from home.  The ones that can that is.  Do you feel more productive working from your office or from your house?

Perhaps work from home is beneficial to certain nature of work.  As a writer and an editor and content provider, I personally need utter quiet to do the best work, thus working from home works for me.  Yet, if one’s job involves with working with others, work from home might not be an answer.  I will be curious to see the future data about productivity with tasks that office atmosphere encourages.  Is it possible that hybrid work model is the answer? Still, more and more people seem to be wanting to work from home. And there might be benefits to both options.

According to this article from Inc. Jan 10, 2022 – A Stanford Economist Who Studies Remote Work Says Half of All Workers Will Make This Big Change In 2022, the challenge with data, was finding the workers now who did the same job then.  As from the office vs the confines of their residence.  However, now due to the pandemic, finding these subjects is much easier.  And these subjects fall into 3 categories:

1. Employees who can’t work from home (50 percent) (retail, manufacturing, hospitality).

2. Employees who can work remotely, indefinitely (10 percent).

3. Employees who will work under a hybrid model: some remote work, some in-office (40 percent).

These three factors, are changing the face of real estate and popularity of less urban geographic locations.  Thus, the hybrid workers are moving further away from the cities, where they can afford more house for their money.  The fully remote workers, are relocating to rural areas in such states as Vermont, Oklahoma or Vermont.  Never mind the smaller cities in Florida and in Texas.  And moving abroad, where countries are waving visa requirements and offering incentives, to bring these workers to spend their income locally.

Then there is parking: Washington D.C. has become the first municipality in the USA to require “employers to provide cash to workers who turn down their company-sponsored parking benefits – — and experts say it could serve as a model for other American cities that want to de-incentivize car commuting.”  It is all based on Prof. Donald Shoup‘s “innovative “parking cash-out” model, which studies have shown is an effective tool to disincentivize car use.”

Read more here in the ParkNews.biz headline for this Monday: Jan 10, 2022 – D.C. ‘Parking Cash Out’ Law Makes Employers Refund Workers Who Don’t Drive

Perhaps it is once again, to each its own and not one size fits all.  It all depends on the nature of the work and preferences both of the employers and the employees.  And no matter what, there are always conferences to attend and meet our peers face to face.  Speaking of which, we are excited about this year PIE 2022 in Reno, NV.  Please contact Brian Bullen to promote your presence at PIE via Parking Today at brian@parkingtoday.com.

And if you have any photos of you working from home or the office, or attending conferences, please send them to me at astrid@parkingtoday.com.  To be pinned in the next issue of PT.

Have a blessed week.

Thank you,

Astrid Ambroziak

Editor, ParkNews.biz

Creative Director

Parking Today

310 390 5277 ext 9

astrid@parkingtoday.com

www.parkingtoday.com

 

 

Memphis, Tennessee, Expands ParkMobile Partnership to Offer City-Wide Contactless Parking

January 10, 2022

 

Memphis, Tennessee, Expands ParkMobile Partnership to Offer City-Wide Contactless Parking

 

 

 

MEMPHIS, Tenn., Jan. 10, 2022  — ParkMobile, the leading provider of smart parking and mobility solutions in the U.S., announced today the expansion of their mobile parking payment services city-wide in Memphis, TN. The partnership between ParkMobile, Premium Parking; the city’s parking operator of record; the Downtown Memphis Commission, and the City of Memphis began in March of 2021 with a pilot program initiated to help promote the turnover of parking spaces for local businesses while offering drivers a convenient way to pay. After piloting mobile payments in select areas in the Edge District and Downtown, the partnership has been expanded to offer the contactless payment system in over 1,500 on-street parking spaces city-wide. The partnership promotes improved accessibility and ease of use through a robust suite of payment channels at existing on-street legacy meters, including ParkMobile’s app, Premium Parking’s app, or CameraPay ‘scan to pay’ feature.

ParkMobile has over 30 million users and is available for iPhone and Android devices, or can also be accessed on a mobile web browser for those who do not want to download an app. To pay for parking using the mobile or web app, a user enters the zone number posted on signs around the parking spot, selects the amount of time needed, and touches the “Start Parking” button to begin the session. The user can also extend the time of the parking session from their mobile device.

The expansion will further grow ParkMobile’s footprint in Memphis, where there are over 31,000 users of the app. ParkMobile is currently available in other Tennessee cities including Nashville, Chattanooga, and Knoxville and there are over 320,000 users in the state. Beyond Tennessee, the app is available in various Southeast cities such as Atlanta, Birmingham, New Orleans, and Charlotte.

“We initially launched our mobile payment pilot program with ParkMobile and Premium Parking to gauge the public reception to mobile payment parking systems in the City of Memphis. We have been very pleased with the public acceptance of this payment platform and are excited to expand our partnership city-wide,” says Randall Tatum, Administrator/City Traffic Engineer. “The app was well received in Downtown Memphis and helped ensure local businesses were being supported. We’re excited to continue that momentum around the city.”

“It’s great to see the success the City of Memphis had with their pilot program lead to a greater expansion throughout town,” says Jeff Perkins, CEO of ParkMobile. “Looking forward to developing a greater partnership with Memphis and like-minded cities in the future.”

 

About ParkMobile

ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America, using a contactless approach to help millions of people easily find, reserve, and pay for parking on their mobile device. The company’s technology is used in thousands of locations across the country, including 8 of the top 10 cities as well as college campuses, airports, and stadiums. People can use ParkMobile solutions to quickly pay for on-street and off-street parking without having to use a meter or kiosk. Additionally, ParkMobile offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro area garages, allowing people to drive into the city without having to worry about finding parking. ParkMobile has been named to the Inc. 5000, Deloitte Fast 500, Smart Cities Connect “Smart 50,” and the Atlanta Journal Constitution’s Top Workplaces. Additionally, the company won the 2020 Stevie Awards for Achievement in Product Innovation and the 2019 Stevie Awards for Most Innovative Tech Company and Best Travel App. For more information, visit ParkMobile.io or @ParkMobile on Twitter.

ParkMobile Contact: Mark Lister, SVP of Marketing, mark.lister@parkmobile.io

City of Memphis Media Contact: Arlenia Cole, Media Affairs Manager, arlenia.cole@memphistn.gov

The City of College Station, Texas, Launched a Partnership with ParkMobile, Offering Contactless Parking Payments

January 07, 2022

 

 

 

The City of College Station, Texas, Launched a Partnership with ParkMobile, Offering Contactless Parking Payments

 

 

With a large userbase already in College Station due to ParkMobile’s long-standing partnership with Texas A&M University, locals are already familiar with the convenient parking system.

 

 

 

 

 

College Station, TX  – ParkMobile, the #1 parking app in the U.S., expanded its services to the City of College Station, TX with a launch in October. Though this is the municipality’s first partnership with ParkMobile, the app has been active on the Texas A&M Campus for over seven years. ParkMobile has removed all College Station single-space meters and replaced them with ParkMobile and is available for marked on-street parking spaces throughout the Northgate Entertainment District.

 

“Our city is excited to be using ParkMobile in Northgate after seeing the platform’s success at A&M over the years,” said Eric Chapman, District Supervisor for College Station’s Community Services. “Creating a better driving experience for residents and visitors is what formed our partnership with ParkMobile, and since launching in October, our payment compliance rate has increased and the number of citations written has decreased.

 

Texas is ParkMobile’s most popular state with the most active cities and venues, and almost 1.9 million users. In College Station, there are currently over 47,000 users, though that number is expected to grow with the further integration of College Station. ParkMobile is also available in Austin, Dallas, Denton, El Paso, and Houston and at numerous colleges and universities around the state.

 

ParkMobile has 30 million users across North America, is available for both iPhone and Android devices or can also be accessed on a mobile web browser. To pay for parking using the mobile or web app, a user enters the zone number posted on nearby signs, selects the amount of time needed, and clicks “Start Parking” to begin the session. Users can also extend the time of the parking session on their mobile device.

 

“Since forming a partnership with Texas A&M, we’ve always seen traction in College Station. Now, we are also available in town, outside of the college campus,” says Jeff Perkins, CEO of ParkMobile. “The expansion to College Station further grows our large presence in Texas.”

 

About ParkMobile: ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America, using a contactless approach to help millions of people easily find, reserve, and pay for parking on their mobile devices. The company’s technology is used in thousands of locations across the country, including 8 of the top 10 cities as well as college campuses, airports, and stadiums. People can use ParkMobile solutions to quickly pay for on-street and off-street parking without having to use a meter or kiosk.

Additionally, ParkMobile offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro area garages, allowing people to drive into the city without having to worry about finding parking. ParkMobile has been named to the Inc. 5000, Deloitte Fast 500, Smart Cities Connect “Smart 50,” and the Atlanta Journal Constitution’s Top Workplaces. Additionally, the company won the 2020 Stevie Awards for Achievement in Product Innovation and the 2019 Stevie Awards for Most Innovative Tech Company and Best Travel App. For more information, visit ParkMobile.io or @ParkMobile on Twitter.

 

ParkMobile Contact: Mark Lister, SVP of Marketing, mark.lister@parkmobile.io

 

City of College Station Contact: Eric Chapman, District Supervisor of Community Services, echapman@cstx.gov

 

HERE adds 400 indoor parking garages for end-to-end navigation and Electric Vehicle (EV) driving convenience

January 04, 2022

HERE adds 400 indoor parking garages for end-to-end navigation and Electric Vehicle (EV) driving convenience

 

 

 

 

  • HERE adds more than 400 indoor parking garages across Europe and North America to its indoor map through partnerships with APCOA and Propark Mobility.
  • HERE map displays indoor EV charging stations for seamless park and charge guidance.
  • Parking operators can now surface detailed indoor maps of their garages in HERE products and services for global automotive industry and beyond.

CES 2022 – HERE Technologies, the leading location data and technology platform, has partnered globally with APCOA and Propark Mobility to add over 400 indoor parking garages to its indoor map. Coverage expansion has started in North America with Propark Mobility, one of the largest privately-owned parking companies in North America.

The indoor maps from HERE include key elements of parking garages – individual parking spaces, lanes, ramps and pedestrian walkways. HERE provides integrated routing for vehicles and pedestrians, with parking garage entrances and exits seamlessly connected to the HERE outdoor street map. This enables end-to-end routing experiences that go beyond the curbside and opens new possibilities for Automated Valet Parking (AVP) experiences. Additionally, EV drivers will be able to identify parking spaces on the maps where they can charge their vehicles for maximum convenience.

“Most navigation systems today provide guidance that ends at the curbside. With our new indoor maps, we are helping changing that. Contextual guidance can now continue all the way to individual parking spaces inside garages. Once parked, our pedestrian routing capabilities provide detailed guidance to the final destination,” said Victor van Dinten, Head of Indoor Parking & Charging at HERE Technologies.

“Since we started working together, we’ve been continually impressed by HERE’s capability to create an ecosystem of experts to drive innovation,” said Frank van der Sant, Chief Commercial Officer at APCOA. “We’re delighted to be joining forces with HERE to make navigation an end-to-end user experience, which now includes indoor parking.”

“HERE’s strong automotive presence and detailed indoor parking maps open up new possibilities for our portfolio of premium parking services,” said John Schmid, CEO and Chairman at Propark Mobility. “At Propark we strive to offer drivers a world-class parking experience. Through our partnership with HERE, we are now able to surface our garages in HERE’s automotive solutions, helping us provide a seamless service for millions of drivers across the United States.”

Media Contacts

Adrianne Montgobert
+49 151 72 11 67 81
Adrianne.montgobert@here.com

Jordan Stark
+1 312 316 4537
jordan.stark@here.com

About HERE Technologies

HERE, the leading location data and technology platform, moves people, businesses and cities forward by harnessing the power of location. By leveraging our open platform, we empower our customers to achieve better outcomes – from helping a city manage its infrastructure or a business optimize its assets to guiding drivers to their destination safely. To learn more about HERE, please visit https://www.here.comand https://360.here.com.

In the beginning there was a word, a thought, an intention: Blessed 2022 from ParkNews.biz!

January 03, 2022

 

 

In the beginning there was a word, a thought, an intention: Blessed 2022 from ParkNews.biz!

 

 

 

“The only person you are destined to become is the person you decide to be.”
― Ralph Waldo Emerson

 

 

 

Happy New Year and the first work week of 2022 from Parking Today Media.  I hope everyone had blessed Christmas and a healthy, energized start of the year.

JVH wrote a blog about new year’s resolutions.  Read it here: Jan 3, 2022 – Resolutions – JVH, Parking Today .

John mentions that resolutions are impossible to keep, yet from what I have read he is making some, he finds keepable.

I thought about the importance of resolutions or rather, intentions.  It was also Emerson who said that if we make a sincere, conscious determination, the whole Universe conspires to assist us.  Just as the Lord answers all of our prayers, if only we are sincere and grateful for what is to come as it already is.  Sincerity and gratitude are the key.

And perhaps measuring high, dreaming big, making a huge determination truly works if only we examine our life daily.  So for me, no glass of wine during January.  If I get through January, I might be able to want to do in February also.  Because I want to face all the challenges ahead of me like minded with the Lord.  Fully conscious and reflective.  Not reactive but responsive. Pondering my unconscious patterns and changing them.  It is doable.  One step, one day at the time.  And the best part of it, if I change, the world around of me changes.  Subsequently, it fills up with freshness and joy.

Speaking of joy: I am truly excited to have “pin your photo” in PT on pages 28-29 of January Parking Today.  Please see this section here: https://magazine.parkingtoday.com/issues/ParkingToday2022-01JAN/

More pictures are to come in February issue as well as the following issues.  Therefore, if you have any pictures of your company’s events or you attending conferences or at work, please send them to me at astrid@parkingtoday.com.  Thank you so much.

Also, our March issue of PT is the International Issue.  Hence, please send any possible articles to me, astrid@parkingtoday.com and contact Brian Bullen for an ad space, brian@parkingtoday.com.  Thank you.

To end this little note, it is fitting to quote the “Flight 2022 Instructions” shared by many this past Christmas – (I don’t know the author).  Since these are the intentions, or the resolutions or the determinations, truly worth keeping daily in this new year and always.

Have a Blessed 2022.

Thank you.

 

“Flight 2022 Instructions

Good morning and welcome to Flight 2022. We are prepared to take off into the New Year. Please make sure your Positive Attitude and Gratitude are secured and locked in the upright position.

All self-destruct devices: pity, anger, selfishness, pride, and resentment should be turned off at this time.

All negativity, hurt, and discouragement should be put away. Should you lose your Positive Attitude under pressure during this flight, reach up and pull down a prayer. Prayers will automatically be activated by Faith. Once your Faith is activated, you can assist other passengers who are of little faith.

There will be NO BAGGAGE allowed on this flight. God, our Captain, has cleared us for take-off. Destination – GREATNESS!

Wishing you a New Year filled with new HOPE, new JOY, and new BEGINNINGS!

Stay Blessed! And welcome in 2022.”

Sincerely,

Astrid Ambroziak

Editor, ParkNews.biz

Creative Director

Parking Today

310 390 5277 ext 9

astrid@parkingtoday.com

www.parkingtoday.com

 

The City of Clarksville, Tennessee, Launches a Partnership with ParkMobile to Offer Convenient, Contactless Parking Payments

January 03, 2022

 

 

The City of Clarksville, Tennessee, Launches a Partnership with ParkMobile to Offer Convenient, Contactless Parking Payments

 

 

Clarksville is starting the new year by providing monthly parking permits and on-demand zone parking through ParkMobile’s convenient parking payment system.

 

 

 

 

Clarksville, TN – January 3, 2022 – ParkMobile, the #1 parking app in the U.S., is expanding its services to the City of Clarksville, Tennessee by offering reservations and zone parking. Users will be able to reserve monthly parking permits through the ParkMobile app and or pay for daily on-demand street or garage parking. Through the partnership, ParkMobile will be available at 234 on and off-street spaces throughout Downtown Clarksville.

 

“This partnership will not only enhance the parking experience for our Downtown Clarksville commuters and visitors but will also allow for better efficiency and management as our downtown continues to flourish,” City Parking Manager, Michael Palmore, said. “ParkMobile also brings our parking management into the 21st century with contactless payment, push notification reminders, and more. It’s going to change the way we park downtown for the better.”

 

Local university Austin Peay State University deployed ParkMobile in 2020, and now drivers in Clarksville will have the benefit of begin able to use the same app to park throughout Downtown Clarksville. ParkMobile is also widely-used in other markets throughout Tennessee, including Nashville, Memphis, Chattanooga, and Knoxville, with over 326,000 registered users in the state.

 

ParkMobile has 30 million users across North America, is available for both iPhone and Android devices, or can also be accessed on a mobile web browser. To pay for zone parking using the mobile or web app, a user enters the zone number posted on signs around the parking spot, selects the amount of time needed, and touches the “Start Parking” button to begin the session. The user can also extend the time of the parking session on their mobile device. Additionally, the reservations feature of the app can be used to purchase monthly permits.

 

“Our reservations feature has become a very popular tool, allowing users to reserve parking in advance to guarantee a spot,” says Jeff Perkins, CEO of ParkMobile. “We’re excited to see Clarksville using the feature for monthly parking permits and using our zone parking for daily parking sessions.”

 

About ParkMobile: ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America, using a contactless approach to help millions of people easily find, reserve, and pay for parking on their mobile devices. The company’s technology is used in thousands of locations across the country, including 8 of the top 10 cities as well as college campuses, airports, and stadiums. People can use ParkMobile solutions to quickly pay for on-street and off-street parking without having to use a meter or kiosk. Additionally, ParkMobile offers offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro area garages, allowing people to drive into the city without having to worry about finding parking. ParkMobile has been named to the Inc. 5000, Deloitte Fast 500, Smart Cities Connect “Smart 50,” and the Atlanta Journal Constitution’s Top Workplaces. Additionally, the company won the 2020 Stevie Awards for Achievement in Product Innovation and the 2019 Stevie Awards for Most Innovative Tech Company and Best Travel App. For more information, visit ParkMobile.io or @ParkMobile on Twitter.

 

ParkMobile Contact: Mark Lister, SVP of Marketing, mark.lister@parkmobile.io

 

City of Clarksville Contact: Henry Kilpatrick, Communications Specialist, henry.kilpatrick@cityofclarksville.com

 

 

Bockbrader joins Oobeo, Inc. as commercial sales leader

January 03, 2022

 

 

 

Bockbrader joins Oobeo, Inc. as commercial sales leader

 

 

Toledo, OH – Oobeo, Inc., a parking technology company offering contactless parking software – is pleased to announce the hiring of Michael Bockbrader as its new director of sales, commercial. Mr. Bockbrader, a commercial real estate and strategic procurement professional, brings more than 25 years of sales and business management expertise to Oobeo, an independent subsidiary of Toledo-based Toledo Ticket Technologies.

“We welcome Mike to the team. As a self-starter, Mike understands what commercial clients are looking for. His
expertise in the commercial real estate sector is an asset as we look to grow Oobeo’s parking solutions footprint where its technology can benefit vendors and consumers alike,” said Dave Dorner, executive vice president for both Oobeo, Inc. and Toledo Ticket Technologies.

Mr. Bockbrader will work with Oobeo’s team in identifying new opportunities to advance sales of its self-parking software solutions in cities throughout the U.S., starting in Ohio.

“I am excited to join Oobeo. There are so many opportunities for Oobeo’s technology to be implemented in cities and commercial real estate venues across the U.S. Its platform has solutions that are unique and cost effective for businesses, and I look forward to having those conversations and increasing Oobeo’s sales and partnerships,” he said.

Oobeo – acquired by Toledo Ticket in February 2021 – offers cloud-based software that streamlines parking operations through web, mobile and SMS technology. Oobeo’s technology enables clients in industries such as hospitality, education and healthcare, to deliver unparalleled customer satisfaction and access through parking management and ticketing services. The company offers solutions for ticketless valet, mobile payment, permit management and attendant collected payments.

“Oobeo offers the best in parking software technology with an unmatched user experience. With no app to download, Oobeo is a more affordable alternative that doesn’t require any up-front hardware or capital investments, which we know can be a deterrent for companies and venues when looking at parking technology. With Oobeo’s technology combined with Toledo Ticket’s vast array of ticketing solutions, we are a one-stop shop for ticketing and parking management software solutions,” Mr. Dorner said.

Mr. Bockbrader started his new position with Oobeo on Dec. 1, 2021. Prior to this, he served as senior vice president at Sperry CGA – Treasure and Associates in Columbus, OH, where he was responsible for selling and/or leasing commercial real estate properties to many different clients including industrial, office, land, multifamily, retailer and portfolio transactions. He leased or sold more than $5 million in property values annually. Mr. Bockbrader holds a bachelor of business administration degree from The University of Toledo and is a licensed real estate agent in Ohio. He and his wife, Elizabeth, along with their family reside in Grandview Heights, Ohio.

About Oobeo
Oobeo, a subsidiary of Toledo Ticket Technologies, is a streamlined, subscription based, parking software company that works with clients individually on how best to automate their parking solution needs. Oobeo offers contactless payment options without the need to download an app. It offers technology solutions for ticketless valet, mobile payment, permit management and attendant collected payments.

Contact: Dave Dorner, Executive Vice President (ddorner@toledoticket.com)

2021 Was A Banner Year for PayByPhone

January 03, 2022

 

 

 

2021 Was A Banner Year for PayByPhone

 

 

 

VANCOUVER, BRITISH COLUMBIA – 2021 was another extraordinarily successful year forPayByPhone, the world’s leading mobile parking payment company. The year was marked by the introduction of PayByPhone Business, the world’s first mobile fleet management solution. The company also launched its parking payment management application in 25 new locations, including 21 cities and 4 universities.

 

“2021 was a banner year for PayByPhone,” said Roamy Valera, CEO North America. “Not only are we the world’s number one mobile parking payment company, but we are also the fastest growing. And with the addition of PayByPhone Business, companies with vehicle fleets can now enjoy the benefits of easy and convenient mobile parking payment.”

 

PayByPhone Business is a fleet management tool that allows companies to manage fleet parking with one easy-to-use, centralized system. The app’s interactive dashboard allows fleet managers to instantly review parking activity for the entire fleet or individual vehicles. The solution is scalable, so there is no limit to the number of drivers a company can add to the system.

 

In addition to the introduction of PayByPhone Business, the company also launched in 25 new locations. The PayByPhone app is NOW available to drivers in:

  • Delta Grand Hotel Parkade Kelowna
  • Kelowna International Airport
  • New Jersey Transit
  • City of Denver, Colorado
  • Epic Parking Toronto
  • Town of Carolina Beach, North Carolina
  • City of Martinsburg, West Virginia
  • Miami Parking Authority & Miami Marlins
  • City of Newcastle, New York
  • Village of Bal Harbour, Florida
  • City of Inglewood, California
  • Morristown Parking Authority
  • City of Victoria, Robbins Parking
  • City of San Mateo, California
  • King Harbor Marina, Redondo Beach, California
  • City of Pittsburgh, Pennsylvania
  • Town of New Canaan, Connecticut
  • Mercer Island, Washington
  • District of Tofino, Robbins Parking
  • Town of Lexington, Massachusetts
  • City of Asbury Park, New Jersey
  • California State Polytechnic University, Pomona
  • Missouri State University
  • Pasadena City College
  • University of Illinois Urbana-Champaign

 

As a result of PayByPhone’s expansion, hundreds of thousands more drivers across North America can now pay for parking with their personal mobile devices from the comfort and safety of their own vehicles, using the most convenient app available.

 

For more information, visit paybyphone.com.

 

About PayByPhone

PayByPhone’s aim is simple: simplify your journey so you can focus on what matters most.  As a wholly owned subsidiary of Volkswagen Financial Services AG, they are one of the fastest growing mobile payments companies in the world, processing more than $550 million USD in payments and over 5 million downloads per year. Available in more than 1,000 cities across the globe, PayByPhone helps millions of consumers easily and safely pay for parking without the hassles of coins, lines, or fees. Their smart, intuitive technology is at the centre of their user-first approach, delivered to make everything as simple as possible.

 

Media Contact

Bill Smith

Smith Phillips Strategic Communications

(603) 491-4280; bsmith@smith-phillips.com

 

 

 

 

Fleet Advantage Announces Two Additional Awards Earned to Finish 2021

January 03, 2022

 

 

 

Fleet Advantage Announces Two Additional Awards Earned to Finish 2021

Company Recognized for Top Women in Equipment Finance and Top Software and Technology Provider

 

 

 

FORT LAUDERDALE, Fla. – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM) announced today that Senior Fleet Transaction Analyst and Project Manager, Jackie Jacobs, has been recognized as a recipient of Monitor’s 2021 Top Women in Equipment Finance award. The company has also received  Food Logistics 2021 Top Software & Technology Providers Award.

The Top Women in Equipment Finance Award recognizes women in leadership positions in the equipment finance industry, specifically looking at their exceptional qualities and achievements, not only during 2021, but throughout their entire careers.

Jacobs was recognized because of her crucial role in providing customers and bank partners with custom analytic reports to examine cost metrics and establish an optimal fleet modernization strategy, as many businesses in the equipment industry continue looking for ways to optimize financial structures on their fleets. 

Since being promoted to her current role last February, Jacobs’s input and analysis of lease origination pricing, proposals, and presentations for multimillion-dollar truck equipment financing deals also helped client companies and their financial departments identify life cycle cost reductions, dormant equity in trucks, and opportunities to improve productivity. 

“Jackie has been instrumental in operating and improving Fleet Advantage’s standard finance models and exemplifies our company’s flexibility in the ever-evolving transportation industry,” said John Rickette, CTP, CLFP, Vice President of Portfolio and Manager of the Transaction Management Team at Fleet Advantage. “Jackie’s hard work, dedication, commitment to excellence and leadership skills are on display daily and the entire Fleet Advantage team is so proud of her.”

The Top Software & Technology Providers Award recognizes software and technology providers that have ensured a safe, efficient, and reliable global cold food and beverage supply chain.

Fleet Advantage was recognized because of its innovative Sale-Leaseback program, in which a company can select the assets from their fleet that are older models and Fleet Advantage will purchase those assets and lease them back to the fleet for an interim period until they can then transition to new equipment when ready. This enabled organizations to generate cash in the nearest term and allowed for the rightsizing of fleets if an organization had a surplus of trucks. The program has a positive effect on the bottom-line P&L since the ensuing lease payment is lower than the current depreciation charge.

As a second major initiative and part of helping companies satisfy their ESG (Environmental Social Governance) goals, Fleet Advantage unveiled its pioneering Safety-First Program designed to reduce driver and motorist fatalities, accidents and injuries; while also helping protect fleet organizations against rising costs due to litigation, damages and vehicle repairs.

This year approximately 98 percent of all Fleet Advantage leased trucks included advanced Lane Departure technologies; 95 percent included Collision Avoidance; and 81 percent included Blindspot Assist. Furthermore, 82 percent of the company’s leased trucks included front disc brakes and rear disc brakes.??

“We are beyond proud to be recognized by Food Logistics as one of this year’s top software and technology providers,” said John Flynn, CEO of Fleet Advantage. “The transportation fleet industry has been working through much uncertainty and volatility this year, but our focus on fleet modernization has enabled clients to significantly increase overall productivity, reduce truck operating downtime, save millions of gallons of diesel fuel, decrease emissions, and lower cost-per-mile in maintenance and repair (M&R) expenses.”

For more information on Fleet Advantage and past awards received, please visit www.fleetadvantage.com.

About Fleet Advantage

Fleet Advantage has over $1.5 Billion of assets under its Life Cycle Cost Management (LCCM) program and serves America’s top corporate fleets. Fleet Advantage guarantees the absolute lowest cost of operation by providing fleet financing solutions with matching proprietary data driven IT processes and fleet analytics, using the latest equipment technology to achieve optimum vehicle productivity and maximum safety. Fleet Advantage is ranked as one of the fastest-growing privately held companies in the state of Florida and the fastest growing independent truck lessor in the U.S.  Fleet Advantage is also named a Top Private Independent firm by the Monitor Daily. In 2015 and 2013, the company was named to Inc. magazines’ 500|5000 list of fastest growing companies in the nation.  In 2011, CEO John Flynn received the Ernst & Young Entrepreneur of the Year® 2011 Florida – Emerging Category award. 

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