Penske's Catalyst AI fleet management platform uses artificial intelligence to provide real-time insight into fleet performance, benchmarking against similar fleets, and the ability to identify opportunities for improvement.
Two benchmarking reports show fleets are running more miles between breakdowns or unscheduled repairs, while the cost of parts and labor for those repairs is up.
The TMC/FleetNet America Vertical Benchmarking Program found that fleets averaged 29,506 miles of operation between unscheduled road repairs, down 18.7% from the fourth quarter of 2020.
Benchmarking allows an organization to measure repair performance and compare it to that of other, similar businesses – and to discover areas where they can make improvements. But getting good benchmarking data can be a challenge.
How fleet maintenance managers can cut the number of roadside breakdowns and the frequency of component failures.
In fourth quarter 2020, truckload carriers logged 14% more miles between breakdowns compared with Q3, according to TMC/FleetNet America’s latest Vertical Benchmarking Program data.
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