National Tire Shortage Emerges

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Tire shops in the US complain about a tire shortage. They say snarled supply chains have put the overseas rubber industry in limbo, and by the time the tires are shipped to the US West Coast, port congestion adds weeks until they arrive at warehouses.

The shortage comes as winter storms are battering states in the mid-Atlantic, Northeast, Midwest, and Pacific Northwest. People are rushing to purchase winter tires, but there appears to be a limited stock for certain brands and models.

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South Carolina-based Hay Tires Pros’ president David Hay told NewsNation Now that tires “made in America” have no problem sourcing, but “premium Asian tires are the ones we’re having problems with. They’re stuck on ships on the West Coast.”

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Hay said the tire shortage adds all kinds of issues for the automobile industry.

“It’s causing all kinds of stress. Then you add chassis shortages, driver shortages, truck shortages — it’s a real problem.”

www.zerohedge.com/markets/national-tire-shortage-emerges-snowstorms-pound-us

 

h/t CharlieFoxtrot

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