Procurement Market Intelligence Report

Truck Maintenance & Repair
Sourcing Guide & Market Intelligence

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Truck Maintenance & Repair Global Overview

Definition

Summary

Aftermarket maintenance and repair services range in complexity from visual inspections and minor repairs to full mechanical overhauls. Repairs are commonly performed at the supplier's place of business or a travel center, but many suppliers also offer mobile repair and maintenance. Small specialized repair shops and large chains provide market services. Typical buyers include wholesalers, local freight truckers, and long-distance freight truckers.

This Report Includes:

  • Visual Inspections
  • Aftermarket Services
  • Mechanical Overhauls

Not in this Report:

  • Services Provided by Truck Dealerships
  • New Truck and Trailer Purchases
  • Services on Passenger Cars
  • Services on SUVs

Global Truck Maintenance & Repair Procurement Trends

Discover the top international trends affecting procurement in the global Truck Maintenance & Repair market.

Warning Trends

Canada and Mexico tariffs to negatively impact the vehicles and transportation sector

  • On March 4, 2025, the United States imposed a 25.0% tariff on goods imported from Mexico and Canada, which applies in addition to other duties or fees that are in place. President Trump announced a 25.0% tariff on all cars and light-duty trucks imported into the United States from any country in April 2025.
  • As of April 3, 2025, US automakers compliant with the United States-Mexico-Canada Agreement (USMCA) will continue to be exempt from Canada-Mexico tariffs.
  • According to the United States International Trade Commission, Mexico and Canada account for 47.4% of motor vehicle imports to the United States, and 54.1% of motor vehicles bodies and parts. According to Anderson Economic Group (AEG), a Michigan-based economic consultancy, the broad-based 25.0% tariff could raise new car prices by $1,000 to $4,000, and up to $10,000 if manufacturers are unable to mitigate the tariff’s impact.
  • Around half of the vehicles and light trucks exported by Mexico to the United States were manufactured by the largest three Detroit-based automakers (GM, Ford, and Stellantis). Other automakers to be impacted include Honda Motor, which sells 80.0% of its Mexican output in the United States, BMW, where nearly all Mexican output is exported to the United States, and Volkswagen, which exported nearly 350,000 cars to the United States that were manufactured in Mexico.
  • According to Telemetry Insights, many auto parts suppliers will be unable to absorb the tariffs or make adjustments to mitigate the tariff impact (e.g., relocating their facilities or splitting efforts across three countries). With the introduction of 25.0% steel and aluminum tariffs for Mexican and Canadian imports, and the interconnected nature of vehicle/automotive supply chains (components may cross the US-Canada and US-Mexico borders up to eight times before final assembly), tariff-related costs could drive up production costs further.

Tariffs on Chinese imports to impact vehicles and auto parts

  • In February 2025, the Trump Administration imposed an additional 10.0% tariff on all imports from China with no exemptions or exceptions, and in March 2025, the tariff was doubled to 20.0%. In addition, the de minimis shipping exemption for imports under $800 was suspended, exposing these imports to all applicable tariffs; however, the repeal is paused currently until procedures and systems are properly in place.
  • According to GlobalData, China-made vehicles represented 0.6% of new vehicle sales in 2024, indicating the impact of additional tariffs will be minimal. However, US auto parts imports from China are estimated to be $15.0 to $20.0 billion annually, according to the US International Trade Commission, indicating a larger impact on the vehicle and parts supply chain.
  • While the impact of tariffs on China imports is still being evaluated by US companies in the vehicles and parts industry, companies reliant on parts from China will face higher costs, which could be passed on to buyers. The United States is China’s largest export market for auto components, and these parts (including but not limited to wheels, windshield wipers, air bags, air filters, catalytic converters, mufflers, radiators, brake systems, steering and suspension components, and electric and electronic equipment for vehicles, etc.) included are integrated into global supply chains.
  • In retaliation, China imposed an additional 10.0% tariff on imports of vehicles and pickup trucks from the United States in February 2025. While US manufacturer exports to China in vehicles are minimal, some companies, like General Motors and Ford, with operations in China may be negatively affected by the increased cost of their products.
  • The imposition of retaliatory tariffs by China is expected to lead to a further escalation in tariff rates after the Trump Administration implemented a new 25.0% vehicle, light truck, and auto part tariff in April 2025.

United States imposes sweeping tariffs on Canada and Mexico

  • In February 2025, the United States announced 25.0% tariffs on imports from Canada and Mexico, which took effect on March 4, 2025.
  • The tariff by the United States applies to all merchandise imported for consumption and applies in addition to other duties or fees that are in place. However, imported goods covered under the United States-Mexico-Canada Agreement (USMCA) will be exempt from tariffs until April 2, 2025.
  • After the tariff took effect, Canada immediately imposed 25.0% tariffs on goods imported from the United States. Mexico also announced plans to impose retaliatory tariffs and non-tariff measures on imports from the United States later this month.
  • On March 12, the United States raised tariffs on steel and aluminum imports from all countries to 25.0%, including Canada and Mexico.
  • This market sources goods from an affected country. As such, ProcurementIQ will continue to monitor developments in this space and update analysis accordingly.

Global Truck Maintenance & Repair Market - Suppliers by Region

Country/RegionNumber of Suppliers
#1Oceania & Southeast Asia183,760
#2Europe134,100
#3China115,245

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  • Canada
  • United States
  • Mexico
  • Latin America
  • South America
  • India
  • China
  • Europe
  • Africa & Middle East
  • Australi & New Zealand
  • Oceania & Southeast Asia

Geography Drilldown - US, Canada & Europe

Average Cost of Truck Maintenance & Repair

United States
2025 Market Pricing
$0.15 to $X.XX
per mile
Canada
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Europe
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Average Price

Prices in the Truck Maintenance & Repair market range from $0.15 to $X.XX, depending on Geographic Location, Cost of Parts, Supplier Experience and Range of Services Required. For example, lower prices are associated with Rural town, whereas higher prices are associated with Dense city center.

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Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.

Truck Maintenance & Repair Category Price Trends

Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Truck Maintenance & Repair market, prices in the US have declined 0.0% from 2022 to 2025. and +1.7% in Europe.

United States (2022-2025)

0.0%

Compound Annual Growth Rate
Canada (2016-2019)

1.4%

Compound Annual Growth Rate
Subscribers can access updated Canadian data upon request.
Europe (2022-2025)

1.7%

Compound Annual Growth Rate

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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.

Cost Analysis - Total Cost of Ownership for Truck Maintenance & Repair

Total cost of ownership is Low in the Truck Maintenance & Repair market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Hidden Fees may raise the total cost of ownership unexpectedly.

Negotiated Before

Pre-evaluation

Ownership costs can vary with the complexity of the repair and the type of work performed. For example, more extensive repairs require a towing service to transport the truck to the repair shop, which adds to the total cost.

Billed During

Hardware

When purchasing replacement parts, there is often a trade-off between initial costs and long-term costs, as buyers can choose to purchase high-end OEM parts or lower-quality aftermarket parts. While purchasing aftermarket parts is cheaper at the time of repair, these parts often fail before OEM parts, potentially requiring another repair sooner and increasing costs over time.

Unforeseen

Hidden Fees

Unethical suppliers may attempt to introduce unnecessary costs to the project without explaining them to buyers, but this practice is rare in the truck repair market. To prevent this type of unexpected cost, buyers should thoroughly research each potential supplier before agreeing to a repair.

Buyer Power in Procurement Negotiations

In 2025, buyer power amounts to -2.0 in the United States. Buyer power is most positively impacted by Price Driver Volatility. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more

United States
-2.0
Canada
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Europe
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Buyer power forecasts: your glimpse into the future

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  • Actionable "Buy Now" and "Buy Later" insights
  • Near-real-time updates to current and forecast Buyer Power Scores
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Supply Chain Risk

The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:

1st

Tier Suppliers

  • Auto Parts Stores
  • Automobile Engine & Parts Manufacturers
  • Industrial Machinery & Equipment Wholesalers
  • Tire Wholesalers

2nd

Tier Suppliers

  • Auto Parts Wholesalers
  • Iron & Steel Manufacturers
  • Metalworking Machinery Manufacturers
  • Tire Manufacturers

Biggest Truck Maintenance & Repair Suppliers in the US by Revenue

The largest Truck Maintenance & Repair vendors by revenue in the US are NationaLease, Travelcenters Of America Inc. and Ryder System, Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more

SupplierOperational SizeHeadquartersNumber of EmployeesMarket Share (%)Market Share Performance (3yr trend)Total Revenue ($ million)Profit Level (%)Risk Level
Paccar Inc.GlobalBELLEVUE, WA>10,000< 5
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Icahn Enterprises LPNationalSUNNY ISLES BEACH25-50< 5
Ryder System, IncGlobalMIAMI, FL>10,000< 5
Travelcenters Of America Inc.InternationalWESTLAKE, OH>10,000< 5
Rush Enterprises Inc.NationalNEW BRAUNFELS, TX1,001-10,000< 5
Arcbest CorporationNationalFort Smith, AR>10,000< 5
The Boyd Group Inc.GlobalWinnipeg, CA>10,001< 5
NationaLeaseNationalDowners Grove, IL51-100< 5
Penske Truck Leasing Co., L.P.GlobalBloomfield Hills, MI>10,000< 5

Looking for a list of suppliers by country?

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Profit Analysis

The average profit margin across vendors in the Truck Maintenance & Repair market is 6.7% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is rising, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more

Vendor & Supply Chain Analysis

The low concentration among market providers largely reflects the high level of fragmentation found in trucking markets, which are the primary buying markets for truck maintenance and repair services. Low market share concentration fosters a more competitive environment among vendors, aiding buyers during price negotiations.

On average, vendor risk in the market is low indicating that buyers should not expect service disruptions due to complications such as financial instability among service providers.

The market's supply chain risk is moderate, largely due to varying degrees of risk among upstream providers. The bulk of the risk is derived from volatile lubricant costs and availability issues surrounding engines or electronic vehicle components.

The United States is a net importer of machinery and mechanical parts, which indicates a high level of competition in the market from foreign vendors. While buyers benefit from the increased competition and wider selection of vendors, the increased reliance on overseas vendors heightens the risk of supply chain disruptions.

Supplier Information

Love’s Travel Stops & Country Stores Inc.

Love's Travel Stops & Country Stores Inc. is a private company operating nationally in the other services (except public administration) sector. The company's offerings include truck maintenance & repair. Founded in 1964, the company is currently headquartered in Oklahoma City, Oklahoma, United States of Subscribe to learn more

Penske Truck Leasing Co., L.P.

Penske Truck Leasing Co., L.P. is a private company operating globally in the manufacturing, real estate and rental and leasing and other services (except public administration) sectors. The company's offerings include refrigerated trailers, truck trailer leasing and truck maintenance & repair. Founded in... Subscribe to learn more

NationaLease

NationaLease is a private company operating nationally in the other services (except public administration) sector. The company's offerings include truck maintenance & repair. Founded in 1944, the company is currently headquartered in Downers Grove, Illinois, United States of America with an estimated 75 Subscribe to learn more

The Boyd Group Inc.

The Boyd Group Inc. is a public company operating globally in the other services (except public administration) sector. The company's offerings include truck maintenance & repair and auto body services. Founded in 1990, the company is currently headquartered in Winnipeg, Canada with an estimated employee Subscribe to learn more

Arcbest Corporation

Arcbest Corporation is a public company operating nationally in the other services (except public administration) sector. The company's offerings include refrigerated trucking services, local freight trucking services, national trucking services, petroleum & chemical trucking services, truck maintenance &... Subscribe to learn more

Rush Enterprises Inc.

Rush Enterprises Inc. is a public company operating nationally in the manufacturing and other services (except public administration) sectors. The company's offerings include cargo trucks, semi trucks and truck maintenance & repair. Founded in 1965, the company is currently headquartered in NEW BRAUNFELS,... Subscribe to learn more

Travelcenters Of America Inc.

Travelcenters Of America Inc. is a public company operating internationally in the other services (except public administration) sector. The company's offerings include truck maintenance & repair. Founded in 1972, the company is currently headquartered in WESTLAKE, Ohio, United States of America with an estimated... Subscribe to learn more

Ryder System, Inc

Ryder System, Inc. is a public company operating globally in the real estate and rental and leasing, professional, scientific and technical services, healthcare and social assistance and other services (except public administration) sectors. The company's offerings include truck trailer leasing, vehicle rental,... Subscribe to learn more

Icahn Enterprises LP

Icahn Enterprises LP is a diversified holding company engaged in investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceutical businesses. It organizes its portfolio of subsidiaries into seven reporting segments: the Investment segment, which provides investment advisory and... Subscribe to learn more

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Procurement Management KPIs for the Truck Maintenance & Repair Market

Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Cash Flow and Customer Retention Rate. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Subcontractors and other factors.

KPILevel of Importance (1-5)MeasurementsKey Considerations
Cash Flow

Press reports

Financial statements

Vendors with positive cash flow are preferred because it signifies a higher level of profitability and solvency.

These factors minimize the risk of a supplier abruptly exiting the market.

Customer Retention Rate

Client testimonials

Press reports

Vendors with a higher customer retention rate indicate a higher quality of service.

Buyers should assess why vendors may have a high retention rate and address concerns with vendors to ensure high-quality services.

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Questions to Ask During Procurement Negotiations

How can I gain leverage during negotiations?

Experience and Expertise

How many years has your company been in business?

How have you stayed competitive in the past three years with regard to service levels and pricing?

Customer Service

How do you track customer reviews and feedback?

How have you improved customer satisfaction in the past three years?

Timeliness

How do you ensure timely repairs?

How do you prioritize and track repairs in progress?

The ultimate prep for procurement negotations

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Truck Maintenance & Repair RFP Guidelines

What should my RFP include?

Organizational Overview

Buyers should describe their organizations, including size and geographic location.

Buyers should briefly explain why they are seeking truck maintenance and repair services.

Statement Of Need

Buyers should provide a detailed description of their fleet and how often the vehicles are driven.

Buyers should include a detailed description of the type of repair services they require.

Project Budget

Buyers should explicitly state the amount of the contract award, if available.

Buyers should explain whether they expect to pay for services after each maintenance or repair job or at some other point during the life of the contract.

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  • Cost structure benchmarks and analysis
  • Supply chain and vendors
  • Global supplier breakdown
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