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Fuel Prices Trending Upward: Longevity of Rise Uncertain

Fuel Prices Trending Upward: Longevity of Rise Uncertain

This special report over five articles provides an in-depth examination of 2021 operating cost trends for fuel spend, scheduled/unscheduled maintenance, replacement tire prices, PM spend, warranty recovery, and a forecast of CY2022 expenses.

November 1, 2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.

October 28, 2021

Preventive Maintenance Costs Increase 3-5% in 2021

Preventive Maintenance Costs Increase 3-5% in 2021

A variety of factors converged to exert upward pressure on preventive maintenance costs, such as longer vehicle service lives due to limited product availability, the ongoing transition to synthetic oils, and higher labor rates to attract scarce technicians.

October 27, 2021

Extended Cycling & Part Shortages Stress Warranty Recovery in 2021
Upward Pricing Pressuring Fixed and Operating Costs

Upward Pricing Pressuring Fixed and Operating Costs

Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.

December 13, 2019

Labor Shortage Increases But Economic Uncertainty Emerges

Labor Shortage Increases But Economic Uncertainty Emerges

The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.

December 11, 2019

10 Trends: Vocational Work Trucks Cost of Ownership

10 Trends: Vocational Work Trucks Cost of Ownership

Total cost of ownership for vocational truck fleets is trending upward, primarily due to higher fuel prices, increased maintenance costs due to higher labor rates and parts prices, and commodity-driven increases in tire prices.

March 19, 2019

Tire Prices Experience Upward Pressure

Tire Prices Experience Upward Pressure

For many vocational truck fleets, price is the key factor when selecting the type of replacement tire. As shown in the past, when replacement tire prices increase, the retread industry benefits since retreads are significantly cheaper.

November 6, 2017

Improving Truck Ergonomics for Driver Safety

Improving Truck Ergonomics for Driver Safety

OSHA regs require an employer to provide a workplace (which includes upfitted work vehicles) free from recognized hazards. The best way to make a work truck fleet more ergonomic is to proactively identify and rectify potential issues.

April 4, 2017

Ford's Bartlett Discusses Commercial Fleet Outlook
Class 3-6 Truck Forecast: Operating Costs Stable

Class 3-6 Truck Forecast: Operating Costs Stable

Although the largest operating cost continues to be fuel, the No. 1 challenge facing medium-duty truck fleets is cost containment. There is always pressure to reduce costs, but management is exerting even more pressure than in recent years.

November 27, 2015

The State of the Market for Class 3-4 Trucks, Vans

The State of the Market for Class 3-4 Trucks, Vans

The forecast is for Class 3-4 truck sales in CY-2015 to remain strong. Many fleets are increasing order volumes, moving away from past slow replacement schedules. The debut of 2015 products promises to further stimulate growth.

October 31, 2014

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