from Big Truck TV
Insurance is an expense for a trucker and so is vehicle maintenance. When you look at older and younger fleets, it's important to understand how much it cost the trucker to run his fleet from a maintenance perspective.
Maintenance is a major part of every trucking company’s operation. The cost of maintaining a truck increasing as it ages – from 2 cents per mile for a new truck to 10 cents per mile for a truck 5 years old or older. This represents a 400% increase in annual maintenance expenses in just 5 years! With a tightened credit market more carriers are unable to finance new trucks and as a result are either holding on to their older trucks longer or are buying used. This inevatibly puts a strain on maintenance budgets.
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