Parts and labor expenses stabilized during the first quarter this year, according to data released Wednesday in the latest Decisiv/American Trucking Associations’ Technology & Maintenance Council North American Service Event Benchmark Report.
While high prices for parts and higher wages for labor during the past year are unlikely to return to prior levels, the latest Decisiv/TMC Benchmark Report — organized by Vehicle Maintenance Reporting Standard system level codes — shows a slowing of cost increases.