Fleets haven’t caught a break since the beginning of the pandemic, as driver, warehouse and trailer capacity has diminished amid ongoing freight surges. A wave of shortages continue to keep the industry gasping for air — now it’s tires.
“Tires, fuel and labor are your three biggest costs, and with tire prices continuing to go up, fleets have to really figure out ways to maximize their tires and assets,” said Bob Bortner, mid-Atlantic territory manager for commercial tire and fleet solutions leader IMI.
Overinflated tire prices have exacerbated transportation costs this year. Bortner said rubber prices in May were up 70% year-over-year, noting …