Penske Truck Leasing has introduced the Catalyst AI platform that compares a fleet’s performance to similar fleets across Penske’s live database of hundreds of thousands of vehicles in real-time.
This platform allows users to benchmark their fleets using apples-to-apples comparisons, unlock fuel efficiency opportunities, optimize utilization, and business performance using targeted insights.
At the heart of Catalyst AI lies its algorithm that identifies the most-similar fleets by evaluating key dimensions of fleet operations and composition. This process creates a unique "fleet DNA," enabling highly customized operational KPI benchmarks tailored to each fleet's specific performance needs.