Declining Class 8 truck orders in May are deceptive. Fleets would order more but they are holding off because it might take a year to get them.
From a shortage of truck production workers to parts depot staff, Daimler Trucks North America is trying to keep up with blistering demand.
Workhorse Group built 38 last-mile electric delivery vans in Q1 and revised its build to 1,000 trucks from 1,800 for the full year.
Despite supply chain constraints, Tier 1 driveline supplier Dana beat analyst expectations for Q1 and raised full-year estimates.
PACCAR puts up strong Q1 numbers, including record parts sales that suggest the new truck backlog is boosting aftermarket sales.
Tesla is focusing on making more cars, securing battery cells and finishing gigafactories in Texas and Germany. The Semi is again in the background.
The growing backlog of new truck orders has supercharged pricing for newer used models at auctions, with retail traffic also high.
Trailer orders edged back toward trend in March, but the crush of orders in recent months leaves manufacturers addled by supply chain issues struggling.
Trade and supply chain disruptions are inevitable, so it’s important to take steps to protect yourself.
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You think you can just book your cargo on a plane to avoid the ocean shipping congestion at the Suez Canal? Guess again. Freighters were flying full even before the Ever Given got stuck, so finding space will be very difficult.
Digging and pulling haven’t freed the giant Ever Given vessel that has stopped traffic in the Suez Canal. The next step might be to lighten the vessel by removing cargo.
Fireworks could be stuck at sea by the time the Fourth of July rolls around. Blame massive port congestion and overloaded freight networks. The fireworks industry is asking the Biden administration to provide a fix, but what can it do?
Trailer makers cannot keep up with demand, pushing out delivery times while navigating supply chain bumps.
Carriers should begin planning now to influence policy change that could result from Biden’s supply chain executive order, industry observers say.
The new brand will continue to bring real-time and predictive risk analytics to the supply chains of world-leading brands like Disney, Campbell’s, Apple and Goodyear.
Amazon may get the headlines for promising fast deliveries, but if it can’t get the product from overseas, the efficiency of trucks and delivery vans won’t make a difference.
Workhorse Group built just seven electric delivery vans for the second consecutive quarter. Production systems and supply chain problems hamper the company.
Thanks to COVID, there are no seasonal highs and lows for international shipping. There is so much demand for goods that the peak season never seems to end — and ports, railroads, truckers and warehouses are reaching the breaking point.
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
