Are you aware of the maintenance trends that may be impacting your fleet? We’re breaking down some of the need-to-know areas:
1. Ongoing parts shortages are increasing repair times and increasing the demand for rental vehicles. Some of the major areas where we’re seeing delays are glass, steel, carpeting and now, even oil filters are becoming harder to get. Delays of a few days are now increasing into weeks as the backlog of shipping containers continue to stack up at the Port of Los Angeles.
“This is the most difficult supply-chain environment that I have ever seen, AutoZone is running the lowest level of in-stock that I can ever remember.” – William Rhodes, AutoZone Inc. Chief Executive Officer.
2. Replacement tire expenses have increased by about 5% in 2021. This increase is one of the leading reasons why we’ve seen an overall increase in fleet maintenance spend in 2021 and as travel continues to return “to normal” – most fleets should prepare for this increasing expense.
Higher fuel prices are also impacting the overall cost of tires and maintenance because of the increase in logistics costs to transport parts to retail locations.