As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.Medium-duty Class 5 and 6 as well as Class 7 heavy-duty trucks saw stability in wholesale prices month-over-month with a slight increase over August numbers. Class 4 medium-duty units saw a moderate wholesale value increase, but not as drastic as the other medium-duty truck classes. After a large decrase in heavy-duty Class 8 wholesale values in August 2020, prices are again on the riise. Values are provided by Black Book, and reflect pricing as of Sept. 1, 2020. Black Book truck prices are updated regularly, and reflect wholesale values gathered from auctions around the country via onsite personnel and data feeds. Retail values are based on market studies.Related: August 2020 Used Truck Prices
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.Related: In-House vs. Outsourced Truck Maintenance
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.
As in 2017, for-hire and private fleets account for half of aftermarket parts demand of Class 6-8 trucks and trailers. Both for-hire and private fleets have increased by 4 percentage points and 3 percentage points, respectively. The dealer is the preferred outlet for parts with 49% of aftermarket demand. In 2018, the specialist category increased by 1 percentage point, while the engine channel decreased by 2 percentage points.
Phase 2 of the heavy-duty truck greenhouse gas emissions and fuel efficiency standards mandated by the EPA and NHTSA are projected to lower CO2 emissions by approximately 1.1 billion metric tons. Fuel consumption will decline as the new rules become tighter. Aside from the 41 hydrogen fueling stations in California, only five other states offer this type of fuel, with only one station available per state. The price of crude oil has increased since last year, with regular gasoline increasing 10% and diesel only seeing an increase of 1%, according to the DOE's cost breakdown. Taxes, distribution/marketing, and refining costs have all decreased, with the only exception being a 3% increase in diesel distribution/marketing.
Overall, passenger car maintenance costs per unit, per month increased less than 1 percent in 2015. These costs include unscheduled repair services, preventive maintenance (PM), tires, and replacement rentals. This report appeared as an article in the March 2016 issue of Automotive Fleet.
Overall, passenger car maintenance costs per unit, per month increased in 2014. These costs include unscheduled repair services, preventive maintenance (PM), tires, and replacement rentals. This report appeared as an article in the March 2015 issue of Automotive Fleet.