Chassis Availability Poses a Large Threat To The Global Supply Chain
The strained global supply chain now faces another glaring hurdle as chassis providers have warned that with equipment production maxed out through next year, “There is no more production capacity to be had on the face of the earth that can help us for the balance of this year” when it comes to new chassis production. A scenario not wanted in the ears of those in the industry that has already faced so much in the wake of the pandemic.
How Did We Get Here?
It would be great if this was the only issue facing the supply chain at this moment, but unfortunately, that is not the case, the industry faces various other factors that have strained production.
- Continued Covid spikes have further strained the labor supplies at many container terminals, resulting in a backlog of vessels waiting to berth.
- Limited labor availability at warehouses, road freight providers, and drayage providers.
- Rail congestion
- Limited chassis availability, with no relief set for 2022
The brutal outlook for the chassis availability is a result of over 15 months of elevated Asian imports and stressed functional capacity throughout varying transport modes within the supply chain. Importers, struggling with packed warehouses, are now not able to cycle chassis back to the ports, tying up the movement of containers at ports and rail yards.
According to Mike Wilson, CEO of Consolidated Chassis Management, in the Southeast, the “street dwell” of chassis with containers was 6.3 days before the Covid-19 pandemic, and now it sits a nearly double that at about 11.2 days.
In essence, the lack of hiring US workers and construction of US plants, combined with the crippling tariffs and duties levied on China Intermodal Marine Containers, did not bode well paired with the heightened import volumes.
The unfortunate realization of foreign dependence on these resources has sparked domestic investment, it will take until 2023 until the large backlog of orders is fulfilled.
How Advanced Chassis GPS Tracking Can Combat The Shortage
With heightened stressors impacting the supply chain resulting in a shortage of chassis available for use to supply the nation’s goods and services, understanding how you can fully optimize the chassis you own is essential. With CallPass, you can be sure you hold complete visibility into each chassis in your fleet through the cutting-edge LANA Asset platform.
CallPass provides asset tracking software to help you better understand your logistics and the overall management of every chassis. Our robust asset tracking application LANA Asset provides a 24/7 view of your chassis’ location paired with advanced reporting metrics, so you can ensure operations are running to their peak efficiency. Productivity reports delivered right to you ensure that you optimize the utilization of each chassis and that it gets to where it needs to go on time.
Asset Tracking. A New Weapon For Your Business.
Do you operate a large trailer pool? You are not alone. The LANA Asset solution has been deemed a pivotal weapon for business across the county, with its insights directly impacting a company’s bottom line for the better! Learn how it has assisted Custom Pine Straw in managing its fleet of 900+ trailers. Chassis Tracking should never be a manual process!
Save yourself the time and elevate your business with a solution that gives you full visibility into the location and status of your chassis. Allowing you to improve utilization and make great decisions that result in a more profitable business.
Learn How Chassis Tracking Can Propel Your Business Through The Chassis Shortage!
Don’t let your business be bogged down by the prolonged pandemic hurdles that have impacted so many industries, none more than the logistics one. CallPass has the tools you need to track a fleet of chassis daily, now more than ever, you demand a reliable asset tracking solution that provides you the control you need to better manage your chassis fleet.
Contact the CallPass team today to learn more about how having a GPS tracking application provides reliable, accurate information about the whereabouts and condition of your chassis to keep your company running smoothly and push forward through the current shortage.
