What Fleetsource does

Fleetsource Leasing is a privately held, multi-generational dealer and full-service provider headquartered in Dayton, New Jersey, operating as the exclusive authorized TICO dealer for New Jersey, Pennsylvania, and New York City. Founded as a family business, the company has built its position around TICO Pro Spotter terminal tractors (yard trucks), which it sells new and pre-owned, rents short-term, and leases on 12-to-60-month operating and FMV terms. Revenue is diversified across equipment sales (one-time), rentals and leases (recurring), service and repair (recurring maintenance contracts plus mobile work), and parts (transactional, including Shopify e-commerce).

The technology layer centers on two platforms. Fleetsource IQ is a Total Managed Maintenance platform that aggregates mobile digital DVIR inspections, real-time GPS tracking, driver behavior monitoring, geofencing, and closed-loop service request workflows. TICO EDGE is a cloud-based service relationship management system that connects the dealer, the customer, and TICO's Uptime Center, automatically generating service cases from vehicle-detected faults with diagnostic parameters. GoFleet/Geotab telematics is offered as an add-on for expanded analytics and compliance (HOS, DVIR, IFTA). On the hardware side, the TICO Electric (EV) Pro Spotter, powered by Volvo Penta (132 kWh Gen II battery packs, 150 kW output, CCS1 fast charging), extends the line into electrification, with NJ ZIP and NJ ZEV state incentive programs accessible to qualified buyers.

Go-to-market is a regional enterprise field sales motion concentrated in the Northeast US (NJ, PA, NYC, with service coverage into DE and MD), supplemented by inside sales for parts and service inquiries, an e-commerce parts storefront, mobile service trucks, and annual demo events. Primary customer segments are port and rail terminal operators and third-party logistics and trucking companies needing yard truck equipment, DOT-certified rentals, factory-authorized service, and connected fleet maintenance. The company holds multiple OEM certifications (TICO, Cummins, Allison, Meritor, Kalmar Ottawa, Capacity, Autocar) and employs a 100% factory-trained technical team operating from a 12-bay Dayton facility with NJ state diesel emissions testing capability.

Name

Fleetsource

Legal name

Fleetsource Leasing

Website

https://fleetsource.com

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

51–100 employees

Short description

Fleetsource is the exclusive authorized TICO dealer for New Jersey, Pennsylvania, and New York City, selling, renting, leasing, servicing, and supplying parts for terminal tractors and serving port, rail, and logistics fleet operators across the Northeast US.

Ownership category

akta.pro rank

Product category

Terminal Tractor Dealership & Fleet Services

NAICS

Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924), Automotive Equipment Rental and Leasing (5321), Motor Vehicle Supplies and New Parts Merchant Wholesalers (42312)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537), Services-Auto Rental & Leasing (No Drivers) (7510), Terminal Maintenance Facilities For Motor Freight Transport (4231), Wholesale-Motor Vehicle Supplies & New Parts (5013)

akta.pro primary industry

Terminal & Port Vehicles (Yard Tractors, RoRo Tractors, Straddle Carriers) (IMAHAIAE)

akta.pro secondary industries

Ro-Ro Terminal Equipment & Systems (Ramps, Mafi Trailers, Yard Tractors, Lashing Gear) (TLAHACAJ), Maintenance Management Programs (Preventive Maintenance, Vendor Networks) (TLABAIAG), Driver Programs & Workforce Management (Onboarding, Scheduling, Retention) (TLABAIAD)

Keywords

• Terminal tractor dealership
• Yard truck leasing
• Commercial vehicle parts
• Fleet maintenance services
• Telematics fleet management

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Sales: Sale of new TICO Pro Spotters and pre-owned terminal tractors, trailers, and chassis. Sales motion includes financing assistance and trade-in options.
2. Yard Truck Rental: Short-term rental of DOT-certified TICO terminal tractors for peak seasons, breakdown coverage, and special projects. Rental includes full maintenance powered by Fleetsource IQ.
3. Yard Truck Leasing: Long-term operating leases and Fair Market Value (FMV) leases on new and late-model TICO terminal tractors. Full maintenance lease options available. Terms range from 12 to 60 months.
4. Service and Repair: Factory-authorized service for TICO, Cummins, Kalmar Ottawa, Capacity, and Autocar. Includes mobile service, terminal tractor shop, trailer/chassis repair, DOT inspections, and maintenance programs.
5. Parts Sales: Sale of genuine TICO parts, Cummins engine parts, Allison transmission components, Meritor axle components, Fleetguard filters, and parts for other terminal tractor brands. Online parts catalog with e-commerce capability.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Fleetsource is the exclusive authorized TICO terminal tractor dealer for New Jersey, Pennsylvania, and New York City. The company sells, rents, and leases new and pre-owned TICO Pro Spotter yard trucks (including electric models), provides factory-certified service and repairs, stocks genuine OEM parts, and offers integrated fleet management through its proprietary Fleetsource IQ telematics platform. Operations run from a 12-bay facility in Dayton, NJ with mobile service coverage across the Northeast US.

Product overview

Fleetsource operates as a full-service terminal tractor dealership offering a portfolio of connected fleet management solutions built around TICO Pro Spotter vehicles. The core offering includes TICO Pro Spotter (diesel and electric/EV variants) for sale, rental, and leasing, supported by two integrated technology platforms: Fleetsource IQ for total managed maintenance with mobile digital inspections, real-time GPS tracking, and driver behavior monitoring; and TICO EDGE for cloud-based service relationship management connecting dealers, customers, and TICO's Uptime Center. GoFleet/Geotab telematics is offered as an add-on for expanded fleet analytics. Services span new and pre-owned vehicle sales, short-term rentals with full maintenance, long-term operating leases, and comprehensive repair/parts operations.

Differentiator

Problem solved

Functional benefit

Brands

• Fleetsource IQ: Total Managed Maintenance platform that connects Maintenance, Safety, and Real-Time Tracking into one seamless platform.
• Total Managed Maintenance (TMM)

Products and services

• TICO Pro Spotter (Diesel Terminal Tractor) Terminal tractor/yard truck available in DOT-certified (on-road) and off-highway configurations. Features Cummins diesel engines, Allison automatic transmissions, and is designed for port, rail, and distribution center environments.
• TICO Electric (EV) Terminal Tractor Electric-powered Pro Spotter with Volvo Penta drivetrain, 132 kWh battery packs, 150 kW power output, and CCS1 charging. Features regenerative braking, 200hp combined electric motors, and TICO EDGE telematics integration.
• Yard Truck Leasing Long-term operating leases and FMV leases on new and late-model TICO terminal tractors with optional full maintenance coverage. Terms available from 12 to 60 months.
• Yard Truck Rental Short-term DOT-certified TICO Pro Spotter rentals with full maintenance included. Weekly, monthly, and multi-year terms for peak seasons, breakdown coverage, and special projects.
• Total Managed Maintenance (TMM) Program Fleet maintenance program powered by Fleetsource IQ offering cloud-based fleet management, digital inspections, and 24/7 breakdown support with mobile service trucks.
• Yard Truck Repair Factory-certified repair for TICO, Ottawa, Capacity, and Autocar terminal tractors including advanced diagnostics, aftertreatment service (DPF/DEF), transmission repair, and hydraulic overhauls.
• Trailer Repair Federal DOT inspections, brake/ABS repair, electrical/lighting service, lift gate service, and body/structural repairs for dry vans, reefers, chassis, and flatbeds.
• Parts Department Authorized dealer for TICO genuine parts, Cummins engine components, Allison transmission parts, and Meritor axle/brake components. Stocks parts for Kalmar Ottawa, Capacity, and Autocar terminal tractors.
• Fleetsource IQ Platform Total Managed Maintenance platform connecting mobile digital inspections, real-time service requests, live GPS fleet tracking, and driver behavior monitoring. Included with lease programs and deployable for existing fleets.
• GoFleet/Geotab Telematics Service Fleet telematics solution providing real-time GPS tracking, engine health monitoring, driver behavior management, fuel management, and compliance features (DVIR, HOS, IFTA). Available in Base, HOS, Pro, and ProPlus tiers.
• NJ ZIP EV Funding Program Assistance Point-of-sale vouchers up to $175,000 per vehicle plus low-interest NJ ZEV financing for TICO Electric terminal tractors. Approved vendor for both NJ ZIP and NJ ZEV programs.

Quantifiable outcome

• Fleet uptime maximization through predictive maintenance and real-time monitoring
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Volvo PentacoreTechnology or Integration · 25 March 2021Strategic partnership for electric powertrain technology in TICO terminal tractors. Volvo Penta provides electric driveline systems for the TICO Pro-Spotter EV. Fleetsource serves as dealer for TICO electric vehicles featuring Volvo Penta technology including 132 kWh battery packs, 150 kW power output, and CCS1 charging.
• Waterfront AllianceminorOthers · 1 January 2021Proud supporter of the Waterfront Alliance and 2021 Heroes of the Harbor Gala. Community engagement in maritime industry.
• TICO (Terminal Investment Corporation)coreChannel Partner/ Reseller/ DistributorExclusive authorized TICO dealer for New Jersey, Pennsylvania, and the 5 Boroughs of New York. Offers sales, rentals, and factory-authorized service for TICO Pro Spotters, including TICO EDGE certified dealer status. Fleetsource is TICO EDGE Certified and provides the complete TICO portfolio including new electric terminal tractors.
• CumminscoreTechnology or IntegrationAuthorized Cummins dealer providing warranty repairs, engine parts (starters, alternators, turbos), and Cummins Connected Diagnostics integration. Fleetsource technicians are Cummins-certified for engine service on TICO Pro Spotters powered by Cummins B6.7 engines.
• Geotab/GoFleetcoreTechnology or IntegrationAuthorized GoFleet-Geotab agent providing telematics integration for fleet management. Fleetsource deploys Geotab solutions including real-time GPS tracking, engine health monitoring, driver behavior management, and compliance features for fleet customers.
• Allison TransmissioncoreTechnology or IntegrationAuthorized dealer for Allison Transmission components including filters and sensors. Fleetsource stocks Allison parts and provides service for Allison RDS 3000 Series transmissions in TICO Pro Spotters.
• MeritorcoreTechnology or IntegrationMeritor OnTrac warranty service provider and authorized dealer for Meritor axle and brake components. Fleetsource services Meritor axles including FF961 front axles and RS-24160 rear axles.
• FleetguardcoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Fleetguard filters and fluids used in terminal tractors and diesel engines. Fleetsource stocks Fleetguard products for routine maintenance.
• NJEDA (New Jersey Economic Development Authority)coreOthersApproved vendor for NJ ZIP (Zero-Emission Incentive Program) Phase 3 and NJ ZEV Financing program. Fleetsource helps customers secure point-of-sale vouchers up to $175,000 per vehicle and access low-interest state financing for TICO Electric fleet adoption.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Autocar: Manufacturer of terminal tractors (ACTT) sold to port and distribution-center operators. Fleetsource services Autocar equipment, making it a directly comparable terminal-tractor OEM with overlapping customer segments.
• Capacity Trucks (REV Group): Manufacturer of terminal tractors sold into the same port, intermodal, and distribution-center customer base. Fleetsource provides factory-trained service for Capacity units, indicating direct product overlap and channel comparability.
• Taylor Machine Works: Heavy material handling equipment manufacturer producing terminal tractors, reach stackers, and container handlers. Comparable as a direct competitor OEM serving port, intermodal, and heavy industrial customers.
• Kalmar (Cargotec): Global OEM of terminal tractors and port equipment, including the Ottawa brand. Competes with TICO at the OEM level and is serviced alongside TICO by Fleetsource, making it a directly comparable terminal-tractor peer in the same customer set.

Broad incumbents

• Hyster-Yale Materials Handling: Diversified material handling OEM with terminal tractor offerings alongside forklifts and container handlers. Comparable as a broader portfolio incumbent competing in the same terminal tractor category with greater scale and capital resources.
• Rush Enterprises: Largest network of commercial truck dealerships in North America offering sales, service, parts, and financing. Comparable as a multi-brand commercial vehicle dealer with parts, service, and telematics capabilities, but at substantially larger scale and with broader OEM portfolios.
• FleetPride: Large national distributor of heavy-duty truck parts and service provider with extensive branch network. Comparable as a broader incumbent in the heavy-duty vehicle aftermarket (parts, service, repairs) targeting fleet customers, but at significantly larger scale and broader geographic reach.
• TICO Manufacturing (Terminal Investment Corporation): OEM manufacturer of the Pro Spotter terminal tractor that Fleetsource exclusively distributes in the tri-state region. Directly comparable as the principal supplier whose product line, brand, and service platform (TICO EDGE) anchor Fleetsource's entire portfolio.

Regional players

• Atlas Companies (Atlas Toyota Material Handling): Industrial equipment dealership offering forklifts, aerial lifts, and material handling equipment across multiple US regions with sales, rental, service, and parts operations. Comparable as a regional equipment dealer with a similar full-service business model.
• Lonestar Forklift: Regional industrial equipment dealer offering sales, rental, service, and parts across material handling categories. Comparable as a regional equipment dealer with similar business model (multi-revenue stream dealership), but operating in a different US region.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/people/Fleetsource-Leasing/61555664663923
• LinkedInlinkedin.com/company/fleetsource

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fleetsource