Hackney’s short-term solutions for the trucking industry potentially impacted by the global shortage…
With the semiconductor shortage affecting many areas of our economy, this issue has now landed on the desk of President Biden and may even be included in his much talked about Infrastructure Plan.
It’s true. Semiconductors have become critical to many day-to-day items: computers, televisions, smartphones, power steering, power windows and brakes to name just a few.
The domino effect of the semiconductor shortage for the trucking industry comes down to this:
- Users will need to plan their purchases earlier than normal. With most OE manufacturers stating November and beyond for delivery of ordered chassis customers will need to adjust their purchasing strategies.
- We can wait it out. OE Manufacturers return to full production levels within the supply chain will then be followed by a lag in manufacturing capacity as OEs ramp up their workforce.
- Consider other equipment – trailers – lower the amount of equipment needed due to capacity improvement. Provides ability for used or rental units for power.
- Consider used equipment. The used truck market will accelerate with the increased demand so the end user must respond quickly to find and acquire quality used vehicles.
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