TMC, FleetNet Release Latest Benchmarking Study

ORLANDO, Fla., Sept. 17, 2018 /PRNewswire/ -- American Trucking Associations' Technology & Maintenance Council and FleetNet America, an ArcBest company, released the executive summary of their Truckload Vertical Benchmarking Study from the second quarter, which showed an increase in tire issues, but an overall decline in unscheduled roadside repairs.

"The industry has always known that tire costs spike in warmer weather, but does it have to spike so much?  For the first time, the truckload vertical has an idea of how many miles they could be running between tire failures based on the results of the best-in-class fleet," said Jim Buell, executive vice president of sales and marketing for FleetNet America. "As we get more information in the Benchmarkit data warehouse, we are able to get a better view of some of the maintenance challenges facing the industry."

Details of study were shared with program participants here during TMC's 2018 Fall Meeting and National Technician Skills Competitions.

During the quarter, the miles that participating fleets ran between roadside breakdowns increased 12 percent, indicating fleets were experiencing fewer unscheduled roadside repairs, the study found. However, mostly due to hot weather during the quarter, the frequency of tire repairs also increased by 25 percent compared to the first quarter of 2018.

A handful of Vehicle Maintenance Reporting Standard systems accounted for 69 percent of all repairs in the second quarter of 2018, up from 58 percent in the first quarter of 2018 — largely due to the observed increase in tire and wheel repairs. For comparison, these top five systems — tires, lighting, brakes, wheels/rims/hubs/bearings, and exhaust systems — represented only 37 percent of repairs in the fourth quarter of 2017.

"TMC exists to help our members run better, more profitable maintenance operations.  Peer-to-peer benchmarking is an exciting step toward helping fleets do just that," said Robert Braswell, executive director, TMC. "The next step is to share the best practices fleets employ to become best-in-class in a particular system.  This is a great aspect of TMC membership, which supports maintenance leaders working together to make our industry even more efficient."

The TMC/FleetNet Vertical Benchmarking Program is a new benefit for TMC members.  In addition to the executive summary, which is available to TMC members, fleets that participate by sharing their data are provided an analytic tool that allows them to drill into their data, comparing it to the industry average.

The program is a strategic collaboration between TMC/ATA and FleetNet America and is open to TMC fleet executive level members and FleetNet America customers.  The analytics provided via the program will be cumulative and non-fleet specific.  For information about the TMC/FleetNet Vertical Benchmarking Program, visit http://benchmarkit.fleetnetamerica.com.

FleetNet America® excels in vehicle maintenance and repair solutions for commercial and private fleets. We have The Skill and The Will® to change the direction of fleet maintenance by reducing downtime, providing data to help reduce maintenance events and delivering best-in-class preventive maintenance compliance at the lowest total cost.

ArcBest® (Nasdaq: ARCB) is a leading logistics company with creative problem solvers who deliver integrated solutions. We'll find a way to deliver knowledge, expertise and a can-do attitude with every shipment and supply chain solution, household move or vehicle repair. At ArcBest, we're More Than Logistics^SM. For more information, visit arcb.com.

TMC is America's premier technical society for truck equipment technology and maintenance professionals. TMC features a diverse membership of equipment managers, service-dealers, owner-operators, industry suppliers and manufacturers, educators, academia and others that support the trucking industry. TMC member fleets represent the broad range of industry vocations, including truckload, less-than-truckload, municipal, private, on/off-highway, construction and other operations. Find out more about TMC online at http://tmc.trucking.org.

American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or on Facebook. Trucking Moves America Forward

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SOURCE American Trucking Associations