Truck parts shortages
Fleets share how they’ve endured truck, trailer equipment shortages. As fleets continue to struggle with parts shortages, procuring new equipment, and rising maintenance costs, they are forced to think of new, creative ways to keep their operations running. Fleets today are finding more ways to get creative as trucking equipment is still hard to come […]
Fleets advantage
Fleet Advantage latest benchmarking survey details fleets’ growing focus on environmental goals. The latest industry benchmarking survey from Fleet Advantage shows a growing number of carriers plan to deploy alternative-fuel vehicles sooner than later. The report also indicates that maintenance and repair trends remain top of mind and that fleets are focusing more on modernizing […]
Fleet maintenance
Maintenance and repair costs rise, but rate of increase slows despite headwinds, fleet maintenance operations continue to offset increases. Parts and labor cost data indicate that significant cost challenges continue to impact fleets through 2023.
Freight volume
Finding the best lanes doesn’t require a crystal ball—the process is just different now than before COVID-19 and requires better communication and coordination between shippers and carriers. The only thing predictable with the freight market today seems to be its unpredictability. Before COVID-19, there was some ability to foresee highs and lows in freight volume […]
Wabash set higher bars
Wabash set higher bars across the board in Q4. They have revenue of $657.4 million. Operating income of $57.7 million with operating margin of 8.8%. Earnings per diluted share of 84 cents. Record backlog of $3.4 billion, up 46% compared to Q3 and 34% above December 2021. For the full year of 2022, revenue totaled […]
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