THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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Repair Costs

Sears to Close Another 142 Stores

Following its Chapter 11 bankruptcy filing, Sears Holdings Corp. plans to close another 142 stores by the end of the year, and Edward Lampert will step down as chief executive but remain chairman.

Higher Labor, Parts Drive Up Fleet Maintenance Costs

Although repair incidents were flat, other fleet-related maintenance expenses were up in calendar-year 2017, primarily in labor rates and parts prices. PM costs were up around 3%, while replacement tire costs increased 5-10%.

Maintenance Costs Remain Flat Despite Rising Labor Rates

Fleet maintenance costs have remained flat over the past 12 months, with the primary factor being increased overall vehicle quality. Other repair costs adjusted for inflation, were, on average, consistent with those in CY-2016.

Fleet Maintenance, Repair Costs Remain Flat

Fleet maintenance costs have remained flat over the past 12 months, compared to CY-2015, despite price increases in replacement parts and labor rates. The primary factor keeping prices flat is overall vehicle quality.

ARI VehicleDowntimeView Tracks Repair Times

ARI has developed VehicleDowntimeView, technology that uses GPS monitoring and telematics data to measure how long a vehicle is out of service and provide data to manage the reduction of a fleet’s total downtime.