Combined parts and labor expenses fell 1.4% during the fourth quarter of 2023, reversing a 2.1% increase in the third quarter, according to the latest benchmarking report from Decisiv and TMC.
Heavy-Duty Repair Shops Report Increase in Counter Sales, Labor Rates
For heavy-duty repair shops, 2023 was a banner year for counter sales, but labor rates increased from the previous year, according to a report from Fullbay and the American Trucking Associations’ Technology & Maintenance Council.