Today, American Trucking Associations’ Technology & Maintenance Council and Decisiv Inc., reported that parts and labor costs continued to rise in the second quarter of 2022, but at a slower pace.

“While it is far from indicative of a significant change, the good news is that there has been a slight decline in the rate of increase in both parts and labor costs,” said TMC Executive Director Robert Braswell.

The quarterly Decisiv/TMC North American Service Event Benchmark Report was released during TMC’s 2022 Fall Meeting & National Technician Skills Competitions.

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About Decisiv, Inc.

Virginia-based Decisiv is the provider of the largest asset service management ecosystem for the commercial vehicle industry. The Decisiv Service Relationship Management (SRM) platform is the foundation for the nearly 5,000 service locations across North America that manage more than 3.5 million service and repair events for commercial vehicles annually. Through Decisiv’s SRM platform, dealers, service providers, manufacturers, and fleet and asset managers can communicate and collaborate during every service event. The SRM solution streamlines the entire asset service management process bringing all the necessary diagnostic, telematics and asset information together for all participants, and delivers it at the point of service. This level of connectivity and collaboration drives an unrivaled level of service performance and asset optimization that gets trucks back on the road faster so fleets see higher revenue per asset and lower costs. Service providers using SRM establish efficient communication, better controls, and increased productivity in service operations that enables them to become trusted partners to fleets. For manufacturers, SRM enhances the value of service networks and provides data and analytics to help develop more reliable and efficient commercial assets. For more information, visit www.decisiv.com.

Contact:

Mark Wasilko

VP Marketing

Decisiv

Phone: (804) 762-4153

mwasilko@decisiv.com