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Truck Repair Services

SIC 7538 | NAICS 811111


The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.



For guides to other industries, see our index of over 400 industries.





Industry Analysis, Trends, Statistics, and Forecasts


Truck Repair Services  (view report)
Truck Dealers  (view report)

Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Market size and characteristics
  • Key statistics and ratios
  • Current performance
  • Competitive landscape
  • Major firms and market share
  • Key risk and success factors
  • Five-year growth forecast


Randall-Reilly Publishing
Truck Parts & Service Magazine
https://www.truckpartsandservice.com/

Monthly trade magazine features news and information for medium- and heavy-duty truck repair and maintenance specialists, with content categories including news, management, sales and marketing, service, parts, and training and special features including the annual "State of the Aftermarket" issue published in January. Current and archived digital editions of the publication are available free online.



Automotive Repair & Maintenance
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


Modern Shop Management
Today's Heavy Duty Shop
https://todaysheavydutyshop.com/

Online resource provides news and information for owners and operators of heavy-duty repair shops and conducts periodic reader polls on subjects such as profitability trends, technician training, social media used to generate new customers, workplace policies that boost efficiency, and fringe benefits offered to employees. Articles are available free online, with free subscription available upon request.


Southern Tip Publishing
Service Truck Magazine
http://www.servicetruckmagazine.com/

Bimonthly trade publication features news and information for owners and operators of mobile heavy duty repair and maintenance services, with topics covered in each issue including industry news and trends, business updates, company profiles, new technologies and equipment, policy and regulation, and safety, training, and certification. Current and archived digital editions can be viewed free online.


MacKay & Company
Medium and Heavy Duty Truck and Trailer U.S. Service Study
http://www.mackayco.com/

Market research study provides a detailed analysis of the service market for medium and heavy duty trucks and trailers, with topics covered in the study including component and non-component service practices, service shop practices, warranty services, contract maintenance, breakdown services, and service provider practices. Report highlights and detailed table of contents can be viewed free online.


Freedonia Group
North American Medium- and Heavy-Duty Truck Aftermarket by Product and Performer
https://www.freedoniagroup.com/

Comprehensive report analyzes aftermarket demand for medium- and heavy-duty truck components, with information provided including historical and forecast demand by product type (e.g., mechanical, exterior and structural, and electrical and electronic), in-house service provider (e.g., owner-operator, fleet), outside service provider (e.g., independent garage, dealer, and other), and country (e.g., U.S.).


Frost & Sullivan
Strategic Analysis of the North American Medium/Heavy-Duty
Commercial Vehicle Maintenance and Repair Market

https://ww2.frost.com/

Market research report provides in-depth analysis of the medium and heavy-duty commercial vehicle maintenance and repair market, with topics covered in the report including aftermarket size, revenue by type of vehicle and component category, maintenance demand drivers and restraints, component manufacturing and distribution, and impact of the regulatory environment and technological changes.


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Financial Statements and Financial Ratios



Industry Financial Ratios
Truck Repair Services
https://www.bizminer.com  Search for "811111"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


IBISWorld
Truck Repair Services
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of annual revenues for companies that provide repair and maintenance services for medium and heavy-duty trucks, with services provided including routine maintenance and repair and replacement of engines, transmissions, clutches, brakes, and other parts, systems, and components.


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Compensation and Salary Surveys


PayScale
Heavy Duty Truck Repair
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage rate data for various job positions in this service sector such as diesel shop foreman, diesel mechanic, and diesel technician, with companies for which salary or wage data is provided including Rush Enterprises, Inc., Penske Truck Leasing Co. L.P., Penske Corporation, MHC Kenworth/Murphy-Hoffman Company, Inc., and Ryder Systems, Inc.


U.S. Bureau of Labor Statistics
Motor Vehicle Repair and Maintenance
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed in this sector which includes companies that provide repair and maintenance services for commercial trucks and buses, with services provided including routine maintenance and repair and replacement of engines, transmissions, clutches, brakes, and other parts and components.


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Business Valuation Resources








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