6. Equipment
Carriers are struggling to acquire and maintain equipment, forcing them to run high mileage units longer. Truck and trailer payments increased by 18.6%, and the industry still faces shortages in parts and labor, impacting the carriers from maintaining the performance of their current fleets. While new Class 8 truck orders have slowed, OEMs are still working through a backlog of orders from the previous two years. Older trucks can negatively impact customer service and driver retention, as neither customers nor drivers appreciate time and revenue lost during a lengthy repair process.
PGT Solutions
Unlike most carriers, PGT has been adding new equipment to our fleet, with over 100 new 2023 and 2024 International and Peterbilt tractors arriving throughout the year. With more than 42 years’ experience in the industry, PGT is set up for success through our long-standing relationships with local manufacturers and dealers. PGT’s late model equipment has boosted our driver morale, increased operational up-time and improved our fuel economy. This also helps us provide better service to our customers, ensuring that we can make safe and timely deliveries without fail.
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