The time between breakdowns for LTL carriers increased to 46,186 miles in the second quarter from 44,380 in the first quarter of 2021. The tank sector saw a slight improvement, running 18,241 miles in the second quarter, up from 17,420 in the previous quarter.
“The data tells us that if, for example, the truckload carriers running the average miles between breakdowns could reach best-in-class performance, they would increase their miles between breakdowns by 64%,” said Emily Hurst, manager of data and analytics at FleetNet America, “and that would result in overall lower costs.”
A different report also released Sunday – one compiled by TMC and Decisiv Inc. – reported that costs for parts and labor for repairs rose over the first six months of the year.
According to the Decisiv/TMC North American Service Event Benchmark Report, labor costs for repair and maintenance increased 2.6% between the first and second quarters in 2021 and overall parts costs increased by 2.8%. In that same period, parts costs for tires increased by 10.7% and transmissions part costs rose 9%.
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“The data tells us that if, for example, the truckload carriers running the average miles between breakdowns could reach best-in-class performance, they would increase their miles between breakdowns by 64%,” said Emily Hurst, manager of data and analytics at FleetNet America, “and that would result in overall lower costs.”
A different report also released Sunday – one compiled by TMC and Decisiv Inc. – reported that costs for parts and labor for repairs rose over the first six months of the year.
According to the Decisiv/TMC North American Service Event Benchmark Report, labor costs for repair and maintenance increased 2.6% between the first and second quarters in 2021 and overall parts costs increased by 2.8%. In that same period, parts costs for tires increased by 10.7% and transmissions part costs rose 9%.
Trucking fleets see decrease in breakdowns, repair costs up
Fleets getting more miles between breakdowns but cost of repair climbing.