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The new, COVID-impacted environment has prompted changes in how auto transporters meet the changing needs of fleets.
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The quarterly report highlights the latest fleet trends, which include the rise of global EV adoption, global supply chain constraints, and higher maintenance costs.
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Sit down with Spencer Patton, owner of Patton Logistics, for an overview of the issues facing delivery fleets around inflationary pressures, fuel costs, wages, and supply chain issues.
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The latest research from global technology market analyst Canalys reveals 4.2 million electric vehicles (EVs) were sold worldwide in the first half of 2022, up 63% on the first half of 2021. China leads the world in EV market growth, while Europe and the U.S. struggle with supply strains.
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There is lot of uncertainty about the timeliness of deliveries of 2023 model chassis earmarked for upfitting. Many fleet managers still have fresh memories of the inconsistent delivery of chassis to upfitters during the 2022 model-year.
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Experienced fleet managers say they’re seeing prices move up quickly, often faster than they can easily track to keep their choice lists current.
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The drawn-out vehicle shortage is producing a domino effect of issues for many fleet segments, says Cox Automotive’s Jonathan Smoke, but a potential recession may have a silver lining — if we even have one at all.
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Compared with the first half of 2021, the strongest in the company’s history, sales decreased by 13.3%. Across all industries, growth this year continues to be impacted by the geopolitical situation in Eastern Europe, the intermittent Covid lockdowns in China and persistent semiconductor availability.
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How are supply chain and labor issues, cost pressures, and other factors affecting upfits for commercial fleets? Find out this State of the Fleet industry video!
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A range of issues factor into the worldwide problem, from demand for raw materials to semiconductor shortages through to, more recently, the war in Ukraine hitting key component manufacturing.
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