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Maintenance Trends Continue to Influence Costs & Downtime
During the last several years, disruptions across the industry along with a variety of macroeconomic trends have pushed vehicle maintenance costs significantly higher. Fortunately, these conditions have stabilized in recent months and maintenance costs have started to level off. However, this is a segment of the industry that is vulnerable to quick shifts and fleet operators need to ensure they are well positioned to withstand potential disruptions.
To offer his perspective on the road ahead and help fleet operators optimize their maintenance strategy to effectively navigate these disruptive trends, Holman’s Chris Foster recently spoke with Utility Fleet Professional. In the article, Chris highlighted that the ongoing technician shortage continues to have a profound impact on vehicle downtime and maintenance costs.
“There is a critical shortage of qualified technicians throughout North America, and as demand grows, most maintenance vendors find themselves increasing wages to hire and retain technicians. This is driving labor rates significantly higher, increasing pressure on already strained maintenance budgets. Unfortunately, there’s little – if any – relief on the horizon.”
As the industry continues to navigate this lingering trend, Chris shared how Holman is helping our customers adjust to minimize the impact on their business. He pointed to the importance of establishing strong maintenance vendor partnerships, particularly for fleets where maximizing vehicle uptime is critical.
“We advise our customers to align with full-service, national account vendors to optimize their maintenance program. Through these strategic partnerships, your vendors become familiar with your vehicles and operating parameters, helping you get back on the road quickly to minimize downtime. Additionally, you’re able to leverage this relationship for volume pricing to help mitigate rising maintenance costs.”
Closing out the article, Chris also discussed special maintenance considerations for fleet operators who are adding electric vehicles (EVs) to their fleet mix. He noted that EVs typically need to have brakes and tires replaced more frequently due to their increased weight and fleet operators should plan accordingly.
To read the entire article, visit UtilityFleetProfessional.com. For more information on emerging industry trends, be sure to subscribe to Holman’s Morning Brake newsletter to have the latest updates delivered straight to your inbox.
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