Auto logistics firms say microchip shortage threatens their ‘very existence’

Automotive logistics players have warned that their “very existence” is under threat from the shortage of microchips.
With inventories nearly at zero, factories closing without notice and a significant drop in volumes, LSPs are facing a crisis, according to the Association of European Vehicle Logistics (ECG).
Lack of visibility into manufacturing has become a serious problem, it added.
“The industry has never been so unpredictable, and planning has become impossible with supply chain …

The post Auto logistics firms say microchip shortage threatens their ‘very existence’ appeared first on The Loadstar.

Source: The Loadstar

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