Truck fleet managers have a daunting job. They are responsible for selecting the right trucks for the job, ensuring the trucks are properly maintained, and selling them for the best price at the end of their fleet useful life, among hundreds of other fleet-related tasks.
When it comes to truck maintenance, not one solution will work for every fleet. Where some fleets swear by ensuring all maintenance is kept in-house, others have found the benefits of outsourcing this job, while others find a balance.
Work Truck magazine surveyed our readership, including all truck fleet sizes and vocational fleet types, to find out more about what maintenance needs are outsourced, why, and some of the challenges today’s truck fleets face.
By Work Truck
As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.
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.
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.
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.
As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.
As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.
The increasing maturity and stability of trucking technology start-ups is evidenced by a decline in the volume of early-stage deals in 2018.
As of Feb. 1, 2020, all 2015-2017 model-year truck classes experienced an increase in resale values. Class 8, heavy-duty trucks experienced the biggest dip in January 2020 and experienced the biggest rebound in February.
New truck registrations across the European Union grew by 3.5% last year compared to 2017.
Private fleets report a DOT Recordable crash rate of 0.504 crashes per million miles, a slight increase from last year’s 0.49.
As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.
As of Dec. 1, 2019, pickup truck values continued their downward trend a bit more steeply between November and December 2019 since a peak in June.