Trucking Companies Create Backlog of New Truck Orders

In the May 2, 2011 issue of Transport Topics newspaper there is an interesting article “Truck Order Backlog Grows; OEMs Impose New Surcharges” by Frederick Kiel and it talks about how there is the largest backlog of orders for new trucks since 2006. This article is interesting because it further demonstrates the truth in Great Western Transportation’s blog post about “Tightening Truck Capacity” and how the demand for shipments is outstripping the supply of available trucks from Trucking Companies to do them.

Automotive manufacturers although glad to see an upsurge in orders are hesitant to ramp up productions as they are unsure if the demand will continue in the long run. The last thing they want to do is increase productions and hire new employees only to have to downsize and let them go soon after. What can be learned from the article is that the economy is improving but there will still be a truck shortage from Trucking Companies for a long time, which will require more strategic planning when deciding to move products.

Great Western Transportation knows the issues in the industry and has the experience to help you understand them and work around them so you can move your product the right way by using us as your Premier Trucking Company.

May 17, 2011 | Tags: , | Category: General