DHL Express to build $192M in maintenance hangar at CVG superhub

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DHL Express announced Monday it will invest $192 million to build an aircraft maintenance facility...

https://www.freightwaves.com/news/dhl-express-to-build-192m-in-maintenance-hangar-at-cvg-superhub

Fretting Failure In Gearbox

A bad night 

When a live fish carrier’s gearbox failed, it was a bad night with strong winds and choppy seas. Without propulsion, the ship laid broadside upon the water and started to roll violently, making life difficult for the four crew members. The yacht was blowing swiftly ashore by the prevailing wind and was less than two nautical miles (nm) from land. The distressed vessel’s master transmitted a VHF distress signal. Fortunately, another fish carrier who had heard the distress call had...

https://mfame.guru/fretting-failure-in-gearbox/

White Paper: How Can Carriers Protect Profits in a Soft Market?

Properly maintaining a truck can cost over $15,000 per year, and that is if nothing goes wrong. Unfortunately, something often goes wrong. When roadside maintenance, costly tows and late loads are added into the equation, costs can skyrocket.

An early 2021 report from the American Trucking Associations’ Technology and Maintenance Council found that the frequency of “unscheduled roadside maintenance” was increasing, with the average number of miles a truck traveled between breakdowns falling...

https://www.freightwaves.com/news/uptake-white-paper

Breakdowns cost more than just dollar amount on maintenance invoice

truck maintenance

Carriers are growing wary of falling rates, and they are heeding the growing warnings about a potential freight recession. As these companies build out their budgets for the next fiscal year, many of them will be looking for ways to cut costs and maximize profits in order to weather an ongoing market downturn.

While shaving some money off the top of the maintenance budget may seem like a reasonable cost-saving measure at first, carriers should be wary of neglecting their equipment in order to...

https://www.freightwaves.com/news/breakdowns-cost-more-than-just-dollar-amount-on-maintenance-invoice

Thrustmaster of Texas wins multiyear USCG contract

Houston-headquartered Thrustmaster of Texas reports that it has been awarded a multiyear contract from the U.S. Coast Guard Surface Force Logistics Center (SFLC) to overhaul thrusters for the Coast Guard’s 175-foot WLM vessels.

Over the period of performance for this contract, Thrustmaster will fully overhaul to a like-new status the primary propulsion system for these icebreaker/buoy & construction tenders. This effort will allow the Coast Guard to continue to support the important missions of...

https://www.marinelog.com/news/thrustmaster-of-texas-wins-multiyear-uscg-contract/

Predictive maintenance provides pathway to cost savings in challenging market

A white truck and trailer on highway

The freight market has always been characterized by its simultaneous volatility and cyclicity. Spot rates have been dropping steadily for the past several months, making it clear that a new cycle is beginning and pricing power is shifting back toward shippers. 

After over two years of strained capacity and sky high rates, carriers are now turning their attention to surviving – and perhaps in thriving – during a market downturn. Companies are looking for savings across the board, including...

https://www.freightwaves.com/news/predictive-maintenance-provides-pathway-to-cost-savings-in-challenging-market

Labor and parts costs driving truck maintenance bills higher

Truck maintenance costs 10% more than a year ago, owing to the higher wages for service technicians and the aging of equipment because of the supply chain crisis.

A service event benchmark study released during the American Trucking Associations’ Technology and Maintenance Council meeting in Orlando, Florida, found:

  • Maintenance costs rose 3.7% in Q4 and more than 10% from the previous year.
  • The average cost of parts and labor for vehicle repairs rose 3.7% in Q4 due primarily to increasing labor...

https://www.freightwaves.com/news/labor-and-parts-costs-driving-truck-maintenance-bills-higher