Trucking Applauds New US-Based Semiconductor Plant

May 10, 2022 - 3 years ago

American Trucking Associations President and CEO Chris Spear issued this statement on the announcement that Intel is investing $20 billion in a new computer chip manufacturing plant near Columbus, Ohio:
“This is how we climb out from these COVID-induced shortages – by investing in our nation’s supply chain.

Trucking Applauds New US-Based Semiconductor Plant — Resolving global chip shortage is critical to U.S. freight capacity, ATA says.
Photo: Cristian Ibarra/Pixabay

“The global chip shortage is having a heavy impact on the trucking industry and our ability to meet the economy’s growing freight demands. Thousands of unfinished heavy-duty trucks sit parked in lots across the country waiting for chip-enabled components, and tens of thousands of more existing trucks are sidelined waiting for repair parts. Truckers know how to get a job done better than anyone, but it’s challenging to move more freight with fewer trucks.

“In addition to incentivizing more domestic production like this, we encourage the Administration to prioritize the allocation of semiconductors for critical industries as identified by the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency.”

Source: ATA