FOR IMMEDIATE RELEASE
March 6, 2022
Fullbay, TMC Release New State of Heavy-Duty Repair Report at 2022 Annual Meeting
Second Report Contains Business Management Insights for Commercial Vehicle Repair Shops
Orlando, Florida – Heavy-duty repair shops were challenged by supply chain and staffing issues in 2021, according to the second annual State of Heavy-Duty Repair report issued by Fullbay, in partnership with ATA’s Technology & Maintenance Council.
“This year’s report provides repair shops with essential insights and best practices to run their business,” said Fullbay CEO Patrick McKittrick. “The report offers commercial repair data you can’t find anywhere else with learnings on shop management, labor challenges and current industry parts shortages. It’s all designed to provide shops with a tool to benchmark their business against.”
Among the key findings of this year’s report:
- 82 percent of repair shops faced some disruptions due to supply chain induced parts shortages, including 14% of shops that experienced severe disruptions;
- 64 percent of shops found it either “much” or “slightly” more difficult to hire technicians, even while 73% of them increased hourly wages.
- 83 percent of shops had annual revenue of less than $2 million in revenue, and 19% experienced revenue growth during 2021.
The launch of this year’s report was announced yesterday at a news conference held at TMC’s 2022 Annual Meeting, held in Orlando, Florida. Along with TMC, MOTOR Information Systems has also joined the report this year as a key partner. The report contains analysis of insights and trends in the commercial vehicle repair industry including demographics, revenue, the continued impact of COVID-19, current industry parts shortages and more. Fullbay produces a turn-key platform that improves the operational efficiency of heavy-duty repair shops,
“At TMC, we have been helping industry professionals improve maintenance and maintenance management for decades, and this report is an excellent way to better accomplish that goal,” said TMC Executive Director Robert Braswell. “Facing obstacles isn’t new for repair shops; our recommended practices, which are included throughout the report, offer proper assistance for repair shops looking for guidance dealing with these challenges.”
The report’s data is based on survey responses from more than 900 individuals across all avenues of the commercial freight, logistics, and repair industries. In addition, more than 500 shops across North America using the Fullbay shop management platform were sampled for real-world shop data. Results were anonymized and those surveyed included both customers of Fullbay and non-customers.
The 2021 report is available for download for free here.
By providing leadership support and opportunities to collaborate, TMC helps members develop the industry’s best practices that address the critical truck technology and maintenance issues that have the greatest impact on truck fleets. For more than 60 years, TMC’s member-driven Recommended Maintenance and Engineering Practices have been setting the standards that help trucking companies specify and maintain their fleets more effectively. Follow TMC on Twitter, LinkedIn and Facebook.
American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation’s freight. Follow ATA on Twitter, Facebook, or at Trucking Moves America Forward.
Based in Phoenix, Arizona, Fullbay revolutionizes the operations of heavy-duty repair shops and internal fleet maintenance departments to create more efficient, focused and faster organizations. The company provides a turn-key platform that connects every function of the business in real time from any location to improve workflow and create transparency in operations. Founded in 2014, Fullbay focuses on delivering operational excellence, preventive maintenance solutions, and inventory management optimization to its wide variety of customers. The company also operates Fullbay Cares, which is dedicated to giving back to the essential workers of heavy-duty repair. More information can be found at www.fullbay.com.