In a recent study on the operational cost of trucks, they found that trailer maintenance cost was the second largest expense – just behind lease and rental payments. So if a fleet manager, or an owner-operator, was looking to cut down on the cost of operating their trucks, they will make the biggest impact by taking actions toward controlling the repair costs and fleet cost.
Most fleet managers realize the high costs of trailer repair and maintenance. In an effort to lower the cost, they will skip repairs they think are not needed or they will they will try to get the repair done cheap.
But what most fleet managers and owner-operators do not realize is that improper fleet and trailer maintenance comes with a hidden cost. It is easy to watch trailer and truck repair costs soar if repairs are not handled the correct way.
Cost of Improper Trailer Maintenance
Listen, I understand. It seems like the only time your supervisor notices you is if you do something wrong. They expect you to hit a certain profit margin despite the fact that your boss probably does not know the first thing about the cost of fleet maintenance.
In an effort to reach your profitability metrics, you decide to skip certain repairs or only get a truck repaired when it breaks down. But this has hidden costs.
If I told you that you would only be given one truck or trailer for the rest of your career. It is your responsibility to make it last as long as possible because once it is dead, you have no other trucks.
If I told you that, then you would do everything you could to maintain your fleet. You would do regular preventative maintenance, you would likely get the repairs you know you need, and you would look for the quality of repairs more than the price.
Here are some scenarios:
Imagine your dropped off a truck to have it repaired – the repair is unimportant, but let’s assume it was some engine work. The truck is out for a week, which means you lose money because you cannot have the truck on the road.
No worries. That is just part of the game. Also, assume that you decided to drop the truck off at the cheapest repair facility because you knew it would be an expensive job.
A week later, the trailer shop calls you to let you know that your truck is done. The truck is drive for about a week before you realize they did an improper repair. Now you need to take it back in to the same shop for them to do.
They agree to do the work for free since it was their fault. This seems nice, but now you lose more money as your truck is not on the road.
Instead you could have paid a little bit extra for the repair. The hidden cost of an improper trailer maintenance strategy could cost a company anywhere from $10,000 to $100,000+ in a single month.
You need a trailer repair company that understands your needs. You need a company that will do a repair right the first time. You need a trailer repair company that can help you in your efforts.
Find out what our trailer repair company can do for you by calling 734-299-3455