FleetNet America discussed the results of its 2019 Q3 quarterly truck maintenance cost benchmarking program at the Technology & Maintenance Council annual meeting, announcing that the average cost of a mechanical roadside repair exceeded $400 for the first time since the study began in 2017. Additionally, the $407 average cost is 24% higher than mechanical repairs in the same quarter of 2018.
Here’s FleetNet America Executive Vice President of Sales and Marketing, Jim Buell, discussing the report:
The report looked at repair costs in the truckload, less-than-truckload and tanker sectors and showed that roadside repairs vary significantly across all three. In every VMRS system, the average truckload carrier experience significantly more roadside repairs than LTL or tanker fleets.
Here’s Buell with a deep dive into the top repair categories:
Five select systems account for 65% of all roadside repairs experienced by participating fleets in Q3 of 2019: Tires; Brakes; Lighting; Power Plant; and Cooling Systems.
Here’s Buell discussing maintenance costs and how fleets are spending too much on repairs:
The Vertical Benchmarking Program is a benefit for all TMC fleet members and a partnership with FleetNet America.