Industry Trends & Drivers

Parts and labor costs are moderating, Decisiv reported at the American Trucking Association’s Technology and Maintenance Council (TMC) annual meeting in New Orleans on Sunday.

Decisiv, TMC Benchmarking Report shows trend reversal from previous quarter.

Year over year, parts costs dropped by 2.2%, but labor was still up 4%. The question now, is what can fleets do with this VMRS-based knowledge?

The TMC/Decisiv VMRS System Service Data Quarterly Report found that parts costs dropped 2.2% on a quarter-to-quarter basis, while maintenance labor costs dipped 0.2%.

Benchmarking report from TMC and Decisiv expands, now tracks 25 separate vehicle systems.

While battling with increased driver turnover, National Private Truck Council member companies relied on their own transportation to move more goods. Private fleets also had their safest year on record, according to the 2022 NPTC Benchmarking Survey.

Fleets, service providers, and maintenance management software suppliers all agree on the value of key performance indicators to improve shop operations.

ACT Research recently hosted their industry update concerning the state of economics, transportation and commercial vehicles. The abundance of forecasts, statistics and charts can feel like information overload, so let us give you the run-down.

Supply chain issues mean it’s vital to keep the trucks you have on the road. If you’re going to trust an outside service provider with your equipment, make sure you’re asking them these questions.

More fleets are committing to electrification and manufacturers are picking up the pace. Dealerships must work on the strategy to sell and service battery-electric vehicles (BEVs) to be prepared when the time comes.

Supply chain problems are causing fleets to drive older trucks longer. Preventive maintenance inspections—or PMIs—can help fleet managers determine the best time to replace a component to keep their trucks on the road.

A dedicated on-site maintenance model, where an external company utilizes a fleet’s own shop to offer repairs, is picking up steam. In a time of technician and parts shortages, this can be beneficial to fleets.

Shops can weather the inflation and shortage issues currently plaguing the industry by adding necessary prices and by fueling their marketing efforts and their technicians.

With experienced professionals from a broad cross-section of fleets, equipment suppliers, educators, and service providers, TMC delivers real-world experience and technical expertise to its members.

Equipment maintenance has seen a lot of changes over the years, but VMRS is still the tried-and-true method of tracking maintenance repairs.