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The impact of a three-year freight recession and consistently rising costs is providing both opportunity and challenge for truck parts remanufacturers in the dubbed “reman” market.

Industry leaders are pointing to several positive indicators that have caused a drop in aftermarket parts prices in the second quarter of 2023 from the first quarter.

GRAPEVINE, Texas — Fleets have found various ways to handle the need for parts: expanding inventory levels, not substituting cheaper but less reliable ones for critical parts, doing some warranty work themselves, keeping the average age of trucks low or turning to electric trucks.

DRiV Inc. is the name of an aftermarket parts and ride performance company that is being launched in the wake of Tenneco Inc.’s separation into two independent companies, Tenneco announced.

LAS VEGAS — Suppliers of a variety of products and services for the aftermarket announced developments here during Heavy Duty Aftermarket Week.

LAS VEGAS — Fleet executives are standardizing parts ordering and maintenance procedures as they deal with truck equipment that is increasingly complex and costly.

LAS VEGAS — Truck makers are wrestling with how to invest in automation, electrification and traditional powertrains — all at once. Additionally, more trailers will use telematics to relay diagnostic information and secure parts while new relationships will form between suppliers and technology startups, according to experts at the Heavy Duty Aftermarket Dialogue.