Fullbay, TMC release State of Heavy-Duty Repair report

Fullbay, TMC release State of Heavy-Duty Repair report

Fullbay and the American Trucking Associations’ Technology & Maintenance Council (TMC) have released their State of Heavy-Duty Repair report.

Fullbay says the report reveals insights and trends in the commercial vehicle repair industry, including demographics, average revenue, the impact of COVID-19 and more.

“This report gives repair shops great insight and benchmarks to compare against their own business,” said Jacob Findlay, chief executive officer and co-founder of Fullbay. “Our unique blend of qualitative and quantitative data, along with a focus solely on the maintenance of heavy equipment and commercial vehicles, means it’s a true apples to apples comparison.”

The report’s findings are based on a combination of survey and shop management data. A selection of 250 repair shops using the Fullbay platform for 12 continuous months provided shop-level data, while the survey consisted of responses from more than 340 Fullbay users and non-users. Both the survey and usage data was collected during 2020.

A few of the key findings from the report included an average gross revenue per shop of between $500,000 to $2 million per year. Additionally, while 54% of respondents indicated that COVID-19 resulted in a decrease in revenue, 43% reported no change or an increase.

The heavy-duty repair space also indicated its top three challenges as hiring technicians, inefficiencies in repairs and properly managing inventory.

In addition to the industry data, the premium version of the report — available to TMC members — includes recommended practices from both TMC and Fullbay.

RELATED: Hear more from Fullbay’s Jacob Findlay from his talk at last month’s Heavy Duty Aftermarket Week.

You May Also Like

Dobbs Leasing named PacLease N.A. Franchise of the Year

In 2023, Dobbs Leasing achieved a 71% year-over-year increase in total vehicles in-serviced with PacLease, while adding three new locations.

PacLease-Dobbs-Leasing-NA-franchise-of-the-year

Dobbs Leasing was named PacLease’s 2023 North American Franchise of the Year. The franchise, headquartered in Sumner, Washington, began operating as a PacLease franchise in 1987 and has since grown to 15 locations in seven states. Dobbs was also recognized as PacLease’s U.S. Peterbilt Franchise of the Year in 2018 and 2020.

Florida Pneumatic releases new Aircat riveters

Two models with two different levels of power have been released.

Airtcat-pneumatic-tools-6410-6420-florida-pneumatic
HDA Truck Pride member Southside Trailer Service acquires PBS Brake & Supply

The acquisition unites 105+ collective years of experience and highlights collaborative spirit within HDA Truck Pride’s network.

HDA-truck-pride-logo
Truck tires: From mounting and balancing to alignment and tread depth

Effective tire maintenance with the right equipment ensures fleet operations remain productive and profitable.

hunter-TMC-Unscripted-1400
HDA Truck Pride adds Hawaii Truck Parts

HDA Truck Pride says it and Hawaii Truck Parts share aligned values, adding that this move now establishes its presence in Hawaii.

HDA-truck-pride-logo

Other Posts

ACT Research: March net trailer orders fell

The company believes trailer demand in Q1 2024 was challenged by limited capex and impending EPA regulations.

ACT-March-2024-Trailer-Net-Orders-and-Cancellation
FTR: March trailer production, orders down year-over-year

FTR says trailer production dropped 21% y/y, March orders were down 18% y/y and 25% below the average for the last 12 months.

FRT-March-net-trailer-orders
ACT Research numbers: Heavy-duty down, medium-duty up

ACT says after a year of unexpected growth, March orders may finally indicate a slowdown in capacity additions.

ACT-class-8-net-march-2024-orders
Daimler Truck reports good start to 2024

Despite lower Group unit sales, Daimler Truck says it continued toward a robust profitability in normalizing markets for Q1 2024.

Daimler-Truck-Q1-2024