Carriers in the specialized category saw costs rise by 4 cents per mile to 22 cents per mile between 2016 and 2017. The long-term increase in costs for LTL carriers reflects the pressures of more frequent pickup and delivery operations attributable to the growing influence of e-commerce, in addition to continued deterioration in urban traffic conditions.
In addition, fleets saw a 0.3% increase in maintenance costs from 2016 to 2017, the smallest increase since 2010.
By TruckingInfo
As of Dec. 1, 2020, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks saw a decrease in wholesale prices month-over-month.
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The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.
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As of Nov. 1, 2020, all truck classes declined in overall wholesale values.
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How has COVID-19 impacting truck fleets related to their business and overall number of loads? How might it have actually improved things?
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As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.
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As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.
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As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.
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As of July 1, 2020, average wholesale values for all model-year 2015-2017 truck classes experienced some form of increase in value, except Class 7 medium-duty.
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As of June 1, 2020, all truck classes continued to experience a drop in resale values for 2015-2017 model-year units. This is the second month of decreases following the rise in all values in April 2020.
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As of May 1, 2020, all truck classes experienced a dropin resale values for 2015-2017 model-year units compared with the rise each class saw last month.
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Likely one of the most important tasks a fleet manager must handle is vehicle maintenance. A truck that isn’t working can’t accomplish its job; it’s a simple fact.
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As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.
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