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A new report from TMC and Decisiv has found that parts and labor costs are trending downward for the second quarter of improvement since 2023.
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The report will be based on the TMC’s vehicle maintenance reporting standards, and will track parts and labor expenditures and trends throughout North America.
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FTR’s Trucking Conditions Index for July remains in a positive range with a reading of 5.75, reflecting tightening capacity, rising spot rates.
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FTR’s Trucking Conditions Index fell by more than two points in June as a result of increased costs for labor, fuel, and equipment, reflecting less favorable conditions for trucking.
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