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Medium-duty truck sales have declined sharply, as have resale values, due to the recession and the slowdown in new construction. Many fleets are extending service lives, which threatens to increase future maintenance costs.
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For calendar-year 2008, the year-to-date cost of fuel has increased 30 percent, the price for replacement tires rose 5-10 percent, and the cost for non-warranty maintenance services was up 5 percent.
Read More →The No. 1 factor is the ongoing high cost of fuel, in particular diesel, which is driving management demands to lower operating costs. Another huge factor that will influence fleets will be the 2010 diesel emission standards.
Read More →While tires are depreciating equipment, fleet managers can control how fast tire value drops. The best way is to write, communicate, and enforce a tire management and maintenance program.
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