Where are the trucks? Are things improving and is there an end in sight?
Truck and Trailer Markets: Red Tags Holding Sway
Given the ongoing kinks in the global supply chain and the rise in domestic freight demand, OEMs won’t catch up with demand until 2023, according to FTR's Don Ake. That’s why FTR’s equipment outlook calls for pent-up demand to continue into 2022 — and possibly into 2023.