Maintenance Costs Ease in Q4, Report From TMC, Decisiv Finds
Maintenance expenses in the trucking industry decreased 1.4% in the fourth quarter of 2023 compared with the prior quarter, driven by lower costs for parts, according to a report from maintenance software provider Decisiv and the Technology & Maintenance Council of American Trucking Associations. The TMC/Decisiv VMRS System Service Data Quarterly Report found that parts costs dropped 2.2% on a quarter-to-quarter basis, while maintenance labor costs dipped 0.2%.