automotive supply chain

Automotive supply chain in for slow normalization in 2022

Waze FreightTech25

Car shoppers have had a tough time over the past couple years. The coronavirus pandemic increased the demand for both new and used cars, while simultaneously fueling equipment shortages throughout the automotive supply chain. These headwinds combined to create an environment characterized by surging demand, suppressed inventory and sky-high prices. 

Huge reductions in inventory and serious spikes in used car prices continued to plague consumers heading into 2022. In fact, used car prices are...

https://www.freightwaves.com/news/automotive-supply-chain-in-for-slow-normalization-in-2022

Borderlands: Mexico’s automotive production hits 9-year low

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s automotive production hits 9-year low; Amazon begins hiring for El Paso fulfillment center; Port Houston appoints first chief business equity officer; and new Arizona distribution center to support e-commerce growth.

Mexico’s automotive production hits 9-year low

Mexico’s monthly auto production and exports for passenger and commercial vehicles continue to be...

https://www.freightwaves.com/news/mexicos-automotive-production-hits-9-year-low

Automotive manufacturers remain laser-focused on electrification

Salesforce added scope 3 emissions tracking to its sustainability cloud.

Pressure continues to build on automotive manufacturers to pursue vehicle electrification, which in turn increases the need for industrywide collaboration. For insight on that dynamic, Alan Votaw, AIT’s director of sales for industrial/automotive, attended the Automotive Logistics and Supply Chain Conference in Detroit. 

AIT is a global freight forwarder with more than 85 locations worldwide providing sea, air and ground solutions for customers in nearly every industry. In a conversation with...

https://www.freightwaves.com/news/automotive-manufacturers-remain-laser-focused-on-electrification

Building a simpler automotive supply chain — Transmission

Sebastian Blanco is getting a look at automaker Valens on this episode of Transmission. 

Valens, fresh off of being listed on the New York Stock Exchange and hosting its inaugural analyst day, is ready to deliver better semiconductors to automakers in the coming years. These high-data chips will simplify the wiring harnesses required in tomorrow’s vehicles, which in turn simplifies the amount of components the automakers need per car.

Blanco talks to Gideon Kedem, Valens’ head of automotive...

https://www.freightwaves.com/news/building-a-simpler-automotive-supply-chain-transmission

Flexibility is key to navigating disrupted auto industry

As peak season marches on, the automotive industry continues to struggle with pandemic headwinds. New car inventories are down significantly due to manufacturing slowdowns and parts shortages. Meanwhile, demand continues to surge, with the CarGurus index showing prices up about 27% year-over-year. 

“If you’ve got a slightly used vehicle, you can probably trade it in for more than you paid for it right now,” ACERTUS CEO Trent Broberg said. 

This ongoing imbalance between supply and demand is also...

https://www.freightwaves.com/news/flexibility-is-key-to-navigating-disrupted-auto-industry

Increasing vehicle production may not be enough to satisfy demand

Waze FreightTech25

Much like the freight industry, the past couple of years have been a roller coaster for the automotive industry. Surging demand, parts shortages and shifting consumer buying patterns — all influenced by the coronavirus pandemic — have turned the industry on its head. Shortages are beginning to let up, pointing to a looming surge in new vehicle production. Still, the instability is expected to continue even after long-awaited new vehicles begin to hit lots later this year.

Purchasing a new car...

https://www.freightwaves.com/news/increasing-vehicle-production-may-not-be-enough-to-satisfy-demand

Transforming the in-auto user experience — Transmission

Most automakers rely on “just-in-time” manufacturing to optimize production. That model requires precise coordination throughout every link in the global supply chain. And that’s where AIT Worldwide Logistics comes in. AIT’s automotive logistics professionals are the experts at developing resilient, scalable solutions for OEM and Tier 1 supply chains across Asia, Europe, and North America. AIT has the expertise, technology, and carrier connections to achieve your production goals —...

https://www.freightwaves.com/news/transforming-the-in-auto-user-experience-transmission

Borderlands: Chip shortage sinks Mexican auto exports in July

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Chip shortage sinks Mexican auto exports in July; Bennett Motors acquires American Eagle Logistics; Yokohama opens new distribution center near Dallas; and meth, fentanyl worth $13M seized at Otay Mesa port of entry.

Chip shortage sinks Mexican auto exports in July

The latest wave of COVID-19 infections around the world has further hindered the global supply of...

https://www.freightwaves.com/news/chip-shortage-sinks-mexican-auto-exports-in-july

Rivian considers Texas, Arizona for $5B electric vehicle plant

Automaker Rivian is eyeing locations in Texas and Arizona, among others, as possible sites for its second electric vehicle factory.

The Irvine, California-based manufacturer is in talks with officials in Fort Worth, Texas, and Mesa, Arizona, about building a $5 billion auto factory — dubbed Project Tera — aimed at producing up to 200,000 vehicles a year.

Jim Chen, Rivian’s vice president of public policy, said in an email to FreightWaves that the company is talking with several locations for its...

https://www.freightwaves.com/news/rivian-considers-texas-arizona-for-5b-electric-vehicle-plant

Are the best logistics companies really tech companies?

Successful logistics companies tend to excel in several different areas, namely customer service, efficiency and transparency. Most of the high-tech products hitting the market exist to address these very same concerns. As the industry continues to navigate its fairly recent technological awakening, it is becoming clear that the best logistics companies boast a strong focus on technology. In fact, it has become nearly impossible to succeed in the space without embracing tech.

“Technology is...

https://www.freightwaves.com/news/are-the-best-logistics-companies-really-tech-companies

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