Discuss the top reasons why maintenance costs have increased in this week's State of the Fleet Industry video with Mike Antich.
Learn about the biggest impact of the pandemic on fleet operations, the health of OEM ordering banks, and the collateral impacts from supply chain bottle necks in this episode of the State of the Fleet Industry.
Two universal challenges faced by fleet managers in the 2021 model-year were longer lead times and tight product availability, particularly constrained was van and truck chassis availability. The COVID lockdowns in 2020 and the shutdown of all North American assembly plants from mid-March to mid-May 2020 triggered a domino effect resulting in delays with the new model-year bid process during a period of widespread budget constraints.
Learn about the parts shortages extending beyond fleet to impact companies’ core businesses, prices trending upward for fuel and replacement tires, and how commodity prices are increasing across the board.
Maintenance costs have decreased in the past 12 months with the primary reason being increased vehicle quality. But, there are concerns about vehicle complexity, part prices, labor rates, and soft costs such as driver downtime.
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