Semiconductor shortages continue to vex commercial transportation industry with lead times exceeding 5 months
Industry suppliers from truck and trailer OEMs to commercial telematics providers continue to feel the pain of delayed semiconductor shipments alongside rising growth opportunities. According to ABI Research, order boards will soon extend to 2022 indicating that the commercial transportation industry is facing significant semiconductor shortages through to at least the end of 2021. Telematics service providers must also confront demand stemming from 3G sunsets and the Canadian ELD Mandate. The equipment manufacturers are becoming limited in meeting all demand within 2021.