As some of you know, I own a small refrigerated freight carrier business. We have 6 trucks/refer trailers of older Freightliner and newere Western Star sleeper cabs. The Freightliner's are 2018 with 500,000 miles (not that much for OTR trucks) and are breaking down on a weekly basis with parts being almost impossible to find, most have a several week wait. It has gotten so bad that I had to let go of three very good, very loyal drivers because it was simply not possible to keep them on the road and make a profit. It was literally more economical to park the trucks and pay the payments + Insurance than to try and keep them on the road. This was before the fuel increase which rates have not caught up with yet!
That being said, I saw this problem on the horizon last summer and placed an order for three (3) brand new Volvo VNL 760's with a full maintenance lease through a Penske dealer. The trucks were scheduled to roll off the assembly line first week in January and we would have replaced the Freightliners and not skipped a beat. Fast forward to mid March and my Penske rep. won't even return my calls because he says he doesn't have an ETA and is not being given one by Volvo. So I called Volvo and spoke to a very nice woman who informed me that they would be canceling ALL Q3 deliveries and new orders as they have no more room for partially completed trucks waiting for vital components.
We are a small carrier with little to know overhead ( buildings, back office support, mechanics, logistics etc) I simply do not know how these larger carriers can survive in this climate. Driver's get paid either on a % basis or a per/mile basis, either way if the truck is down they are not getting paid. We are starting to see/hear of things unraveling. This is simply trucking, farming and other industries are going through the same situation.
Anyhow, just though I would share,I wish you all well!
As some of you know, I own a small refrigerated freight carrier business. We have 6 trucks/refer trailers of older Freightliner and newere Western Star sleeper cabs. The Freightliner's are 2018 with 500,000 miles (not that much for OTR trucks) and are breaking down on a weekly basis with parts being almost impossible to find, most have a several week wait. It has gotten so bad that I had to let go of three very good, very loyal drivers because it was simply not possible to keep them on the road and make a profit. It was literally more economical to park the trucks and pay the payments + Insurance than to try and keep them on the road. This was before the fuel increase which rates have not caught up with yet!
That being said, I saw this problem on the horizon last summer and placed an order for three (3) brand new Volvo VNL 760's with a full maintenance lease through a Penske dealer. The trucks were scheduled to roll off the assembly line first week in January and we would have replaced the Freightliners and not skipped a beat. Fast forward to mid March and my Penske rep. won't even return my calls because he says he doesn't have an ETA and is not being given one by Volvo. So I called Volvo and spoke to a very nice woman who informed me that they would be canceling ALL Q3 deliveries and new orders as they have no more room for partially completed trucks waiting for vital components.
We are a small carrier with little to know overhead ( buildings, back office support, mechanics, logistics etc) I simply do not know how these larger carriers can survive in this climate. Driver's get paid either on a % basis or a per/mile basis, either way if the truck is down they are not getting paid. We are starting to see/hear of things unraveling. This is simply trucking, farming and other industries are going through the same situation.
Anyhow, just though I would share,I wish you all well!
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