Importance of Lifecycle Management
Lifecycle management of terminal tractors is critical for maximizing value and ensuring long-term operations. There are several key factors to consider. Let’s dive into the different ways that Turbo helps you take the best care of your Turbo tractors.
Overview of Terminal Tractors
The lifespan of a terminal tractor can vary, but at Turbo Terminal Tractors, we’ll work to make your tractor with us last as long as possible. With proper maintenance, terminal tractors can typically last 10-15 years. Durability, reliability, driver safety, and convenience are prime requirements for a tractor to last a long time.
Understanding the Lifecycle of Terminal Tractors
Here is the typical lifecycle for Turbo Terminal Tractors:
- Purchase the tractor from a manufacturer.
- Lease or sell the tractor to a customer.
- Monitor the tractor using tracking tech and provide TSS services for maintenance.
- 2 years later (if a lease) Turbo takes the tractor back and refurbishes, then leases it again or sells it.
Key Factors Influencing Lifecycle
Many key factors will affect the lifespan of your terminal tractor. This includes the environment in which the tractor operates (hot/cold or salty ocean air, etc.), the number of hours the tractor operates per year, the level of maintenance and how often it is performed, the type of work the tractor does (pulling trailers vs shipping containers), and the drivers who drive them.
Turbo Terminal Tractors offers services to maintain terminal tractors, including:
- Turbo Lifecycle Care
A customizable service that can include uptime guarantees, quick response times, and original parts and service
- Turbo Service Solutions
A proactive maintenance program that includes 24/7 customer communications via the GO-TURBO app
- New Every Two
A leasing program that replaces terminal tractors every two years to reduce maintenance costs, improve driver satisfaction, and stay current with technology
- Geotab GPS tracking
A device equipped on leased tractors that notifies Turbo of potential maintenance issues
- Back-up terminal tractors
Tractors stored at the customer’s operation to eliminate downtime
- Replacement terminal tractors
Turbo can provide a replacement terminal tractor on short notice.
Strategies for Maximizing Value
Turbo maximizes value by offering guarantees with their tractors. The leased tractor guarantee is that they will replace the tractor or provide a rental if it cannot be fixed within 24 hours by the TSS team. Another value provided is the TSS maintenance program. No other dealer offers anything close to this level of service: 24/7 monitoring, expert mobile technicians, built-in check-ins, and the ability to provide a rental at a moment’s notice.
Cost Management Throughout the Lifecycle
Budgeting for Maintenance and Repairs
When you are considering buying a Turbo terminal tractor, keep in mind the maintenance that is crucial for the upkeep and longevity of the tractor. While we hope you do not have to face any repairs, it is a good idea to get repairs looked at as soon as they occur to prevent further damage.
Evaluating Total Cost of Ownership
The cost of Turbo Terminal Tractors can range from $65,000 to $350,000, depending on your needs. The total cost of ownership includes many other variables. This could include financing and interest, driver costs, maintenance, potential repairs, fuel and operating costs, insurance, depreciation, and more. Make sure you are planning for the indirect costs there could be towards tractor leasing or ownership.
Conclusion
Recap of Key Strategies
Lifecycle management of terminal tractors is essential for maximizing value and ensuring long-term operational efficiency. Proactive maintenance, routine inspections, and timely repairs help extend the tractor’s lifespan with proper care. Turbo offers several services to support this, which helps minimize downtime and maintain current technology. Strategic fleet management, including timely tractor replacements, helps prevent excessive repair costs and boosts asset utilization. With additional tools like telematics for performance tracking and 24/7 customer communication, Turbo ensures cost-effective, efficient operations while reducing downtime and maximizing the total cost of ownership. Contact us today to learn more!
