The forecast of the cost of maintenance and unscheduled repair is anticipated to go up in CY-2021.
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%.
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 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 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.
Fleet policy, driver training and education, use of both in-vehicle and telematics technology, and a review of repair processes and costs can all lead to substantial reductions in accidents and related costs.
A variety of approaches can be used, each with their own advantages and disadvantages that must be considered.
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