Prepare Now for Future Surges

Plan ahead by securing short-term rentals now to manage seasonal supply chain surges

The supply chain never stops, with ups and downs depending on the season. This uncertainty means planning ahead to meet additional demands and avoid transportation equipment shortages is a necessity. But what does that look like in the current market? With ports moving near-record volumes of cargo and e-commerce shopping continuing its increase in popularity, it’s not a surprise that 76% of shippers expect to ship more in 2022 than they did in 2021, according to Averitt's 2022 State of the North American Supply Chain Survey. Of course, the uptick in online shopping and last mile deliveries combined with an ongoing shortage in new truck inventory means an increase in transportation needs could make truck rental difficult.

So how can you prepare for potential seasonal surges and ensure you have the truck you need when you need it? Luckily, the experts at Penske are here to discuss a few options that will help keep you flexible and ready to meet market demands and potential spikes.

Reserve Your Rental Truck Early

The most efficient way to avoid any trucking issues is to reserve early. If you think you may need additional truck capacity or your business is anticipating a possible upcoming surge, secure your rental now. With cargo vans, light-duty trucks, medium-duty trucks, and more readily available, now is the perfect time to make a rental reservation — you'll thank yourself for planning ahead.

What If I Didn't Plan Ahead?

Some industries have expected, distinctive peaks allowing businesses to plan ahead for anticipated supply chain surges. But what if your surge is sudden? If you're having trouble finding an available truck rental, Penske's team of experts can help your business face this unforeseen crisis or opportunity. With several options to help you flex quickly with market transitions, such as short-term commercial rentals, longer-term truck leases, used truck purchases, freight brokerage and dedicated contract carriage support, Penske can help you gain the capacity you need to get back on the road.

If your business will be managing supply chain surges or anticipates an upcoming increase in demand, prepare in advance by reserving a rental truck now to meet seasonal needs later. This ensures your delivery or transportation needs will be covered, allowing you to focus on other important aspects of your business.

August 2022