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A decrease in average tire expenses helped offset slight cost increases for higher frequency of repairs and preventive maintenance.
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Retail transaction prices for light-truck replacement tire were up 12.5% in 2010, and 11% for the passenger car segment. Although retail tire prices increased, replacement tire pricing for commercial fleets remained relatively flat because of pre-existing national account pricing agreements. However, it would be short-sighted to believe national account vendors will indefinitely absorb tire cost increases without passing them on to their fleet customers.
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Barring the occurrence of unforeseen calamities beyond our control, here are my predictions as to how current fleet industry trend lines will play out in the next 12 months.
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With Rent A Ride USA, entrepreneur Mike Dabish seized the opportunity to launch a successful rental business aimed at body shop customers.
Read More →Medium-duty truck sales have declined sharply, as have resale values, due to the recession and the slowdown in new construction. Many fleets are extending service lives, which threatens to increase future maintenance costs.
Read More →Six key trends will determine Class 3-7 medium-duty truck lifecycle costs in the 2010 calendar-year. They are diesel prices, acquisition costs, resale, maintenance costs, replacement tire expense, and environmental regulatory requirements. Here is a forecast of what to expect.
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While rentals are down 10-15 percent, operators are aggressively adapting to new market conditions and reaping the rewards.
Read More →EDEN PRAIRIE, MN – Increased prices for replacement tires and higher labor rates were the driving factors in fleet car maintenance costs rising 5 percent for the 2008-calendar year compared to 2007.
Read More →For calendar-year 2008, the year-to-date cost of fuel has increased 30 percent, the price for replacement tires rose 5-10 percent, and the cost for non-warranty maintenance services was up 5 percent.
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