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The finished vehicle logistics sector remains under great pressure. The industry continues to be shocked by global supply chain shortages in semiconductors, labor, shipping and equipment across all transportation modes. Rising fuel and material costs are driving spot prices and overall costs to unprecedented levels. With automakers planning to increase production in some markets, there are concerns about whether they will be able to secure the capacity needed to move vehicles. At the same time, rising inflation, geopolitical tensions and rising cases of Covid-19 are clouding the economic outlook.
And that's just 2022. Over the medium to long term, the industry needs to invest in the infrastructure, equipment and technology to manage the increase in electric vehicle production and sales, while meeting critical sustainability and net carbon zero targets.
So where is the global finished vehicle logistics industry going, and how do OEMs, logistics providers and service providers expect the market to change in the coming months and years?
Automotive Logistics, together with vehicle logistics specialist RPM, monitors industry trends and sentiment and gathers input from global decision makers and experts in a quarterly survey. Before the latest survey results are released, we speak to experts to learn more about the latest responses and data. (Download a copy of the first quarter survey here https://www.automotivelogistics.media/finished-vehicle-logistics/finished-vehicle-logistics-global-survey-caution-and-restraint-for-the-next-quarter/ 43389 .article.)
Stellantis' manager for completed vehicle operations, Nick Thompson, and RPM's Bill Kerrigan join Automotive Logistics Editor-in-Chief Christopher Ludwig to discuss:
-How rising fuel and energy costs will impact vehicle logistics services
Whether the logistics capacity of vehicles will be sufficient to meet volume forecasts
-How the vehicle logistics industry is adapting to manage a low inventory, built-to-order vehicle production model
-Where leaders see risks in labor and driver shortages
-Market and business outlook by region
-Where OEMs and logistics providers prioritize technology investments
-And much much more.
For more information, visit www.automotivelogistics.media
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