Parts and labor costs continue downward trend in Q1 2024

Parts and labor costs continue downward trend in Q1 2024 
Combined parts and labor expenses fell 1.7% during the first quarter of 2024, according to the ATA Technology and Maintenance Council
 

WASHINGTON — The American Trucking Associations’ Technology & Maintenance Council and Decisiv Inc. has announced that combined parts and labor expenses fell 1.7% during the first quarter of 2024, according to data released in the latest Decisiv/TMC North American Service Event Benchmark Report.

 

“Lower parts and labor costs are welcome news to fleets, who have been weathering substantial increases for much of the last several years,” said TMC Executive Director Robert Braswell. “This important parts and labor cost analysis report is an excellent tool to help Council members compare how their operations are performing relative to industry trends and plan accordingly.”

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