As the freight recession nears an end, more problems have risen. Dormant, undermaintained trucks and trailers could begin seeing more use, creating additional maintenance and repair (M&R) needs, and potentially creating demand-driven pressure on parts pricing. And who knows how the ever-evolving tariff situation is going to play out over the next year or two.
Then there’s the war with Iran, which spiked U.S. average diesel prices 37% over last month. As of March 23, prices hit record highs, with an average $5.73/gal.
In short, expenses are going up.
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