Repair costs

MyMechanic exec looks to streamline maintenance for small fleets

The trucking industry faces mounting challenges in maintenance and roadside repair as operational costs soar and technician shortages persist.

According to an American Transportation Research Institute report, maintenance costs increased by 12% from 2021 to 2022, reaching 19.6 cents per mile, contributing to a record-high operational cost of $2.251 per mile. Adding to this strain are delays caused by parts shortages and extended truck trade cycles, with Class 8 trucks averaging over 6.35 years...

https://www.freightwaves.com/news/mymechanic-exec-looks-to-streamline-maintenance-for-small-fleets

NHTSA doesn’t see cybersecurity as barrier to 3rd-party repairs

Federal regulators have attempted to address the need to protect cars and trucks against cybersecurity threats while ensuring that their owners are able to access less costly third-party repairs and maintenance.

The National Highway Traffic Safety Administration acknowledges that challenge in a “pre-final” version of its “Cybersecurity Best Practices for the Safety of Modern Vehicles,” released Wednesday. The new guidelines update a 2016 version, after soliciting comments on a draft version...

https://www.freightwaves.com/news/nhtsa-doesnt-see-cybersecurity-as-barrier-to-3rd-party-repairs

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