With the freight recession in its third year, many fleets are extending the lifecycle of their equipment. The strategy carries risks, including higher maintenance costs and the potential for unplanned downtime as these assets age.
So what is the best decision? The answer depends on a fleet’s makeup.
“I’m not telling you to replace or extend,” Brian Antonellis, Senior Vice President of Fleet Operations with Fleet Advantage, said on a Nov. 20 trucknews.com webinar, sponsored by FullBay. “I’m telling you to do the homework to make sure you understand the impact of your decision on [fuel efficiency] and repairs and maintenance.”
Read the full article here:
https://www.trucknews.com/transportation/is-holding-onto-equipment-longer-the-right-financial-decision/1003204887
