“It's all mixed together, and it's all bad,” Ake said. However, “it doesn’t stop there, but goes on and on,” Ake continued: tires, harnesses, stamped parts, steel, aluminum. Problems, yes, but identifiable and predictably resolvable. “We're stuck in traffic because so many things are clogging the supply chain.”įor the Class 8 market, the semiconductor chip shortage is the leading source of the production slowdown for trailers, it’s wood flooring. “We're still going to look at the numbers, but we're stuck in traffic and I'm giving you the traffic report,” Ake said. That’s how Don Ake, FTR Transportation Intelligence vice president of commercial vehicles, prefaced his April 1 commercial vehicle market update. Forecasting transportation equipment production in 2021 is like being the traffic reporter during rush hour: Everyone knows they’re stuck in a traffic jam, but it’s the reporter’s job to tell them anyway.
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