Fleet Maintenance - 39

E CO N O M I C O U T L O O K
The second thing we need to recall is that
each side of each of the disputes has its own
set of economic and political factors to
consider. The final resolution of the disputes
will have to include outcomes that are politically and economically acceptable to both
parties. Reaching such agreements is rarely
done quickly.
The third thing we need to
recall is that there is a supply
chain involved with each
and every good that is traded. Changes in the volume of
trade affect how, when, and
why goods are shipped. This
aspect of the trade war is
already affecting you and your
customers, even if you don't
use the goods being shipped
yourself. A full 25 percent of
truckable economic activity
(TEA), which is the MacKay
& Co. proprietary measure of
the trucking economy, consists
of imports and exports. The
trade war affects both of those
activities.

Similar effects have been noted on the
import side, where purchases of consumer
goods have been pulled into 2018 to beat an
anticipated tariff increase in 2019. The question now is how, when, and at what levels
these trade flows stabilize.
The last thing is that tariffs function in
exactly the same way as a tax increase and a

new set of regulations. This fact is especially
puzzling since the current administration
opened its tenure with a tax cut and significant red-tape cutting.
Changes in tariffs are like dropping a
rock into a pond. There are many ripples,
and it will be some time before the waters
are still again.

TM

Hendrickson

MAXX22T

™

Optimized trailer air disc brake system

Changes in
tariffs are like
dropping a rock
into a pond.
There are many
ripples and it
will be some
time before
the waters are
still again.
Ripple effect

Over the past year we have
seen the effects of the tariffs
manifest themselves in several different ways. One of the
first was the acceleration in
exports immediately after
China announced a tariff on
U.S. soybeans in response to
our tariff on Chinese steel.
Purchases of soybeans that
would normally have taken
place in the third quarter of
2018, took place in the second
quarter to beat the July 1
tariff deadline.

OPTIMIZED
PERFORMANCE
www.MAXX22T.com

Engineered for efficiency, Hendrickson MAXX22T™ air disc brake
system is optimized for the North American trailer market. The rotor
is specifically designed to optimize trailer brake performance and
enhance system weight savings. To learn more about trailer brake
optimization, visit www.MAXX22T.com.

©2019 Hendrickson USA, L.L.C. All Rights Reserved. All trademarks shown are owned by Hendrickson USA, L.L.C., or one of its affiliates, in one or more countries, except for MAXX22T, which is owned by WABCO.

VehicleServicePros.com/10121758

July 2019 | VehicleServicePros.com

39


http://www.MAXX22T.com http://www.VehicleServicePros.com/10121758

Fleet Maintenance

Table of Contents for the Digital Edition of Fleet Maintenance

Uptime - How you can make the most out of your shop's ROs
Foundation for success: How do you find and keep technician talent?
Vehicles - Examining the e-systems available for today's fleets
In the Bay - Do techs understand the fundamentals of electrical system diagnosis?
Shop Operations - How to assess replacement parts
Reman, Rebuild, Replace - Reasons fleets should consider reman
Economic Outlook - Uncertainties with today's global economy
Tire Tactics - Factors to help determine the lifecycle of tires
Management - The "shop improvement" conundrum
Fleet Parts & Components
Tools & Equipment
Classifieds
Guest Editorial - Increase shop efficiencies through fluid management
Fleet Maintenance - 1
Fleet Maintenance - 2
Fleet Maintenance - 3
Fleet Maintenance - 4
Fleet Maintenance - 5
Fleet Maintenance - 6
Fleet Maintenance - 7
Fleet Maintenance - Uptime - How you can make the most out of your shop's ROs
Fleet Maintenance - 9
Fleet Maintenance - Foundation for success: How do you find and keep technician talent?
Fleet Maintenance - 11
Fleet Maintenance - 12
Fleet Maintenance - 13
Fleet Maintenance - 14
Fleet Maintenance - 15
Fleet Maintenance - 16
Fleet Maintenance - 17
Fleet Maintenance - Vehicles - Examining the e-systems available for today's fleets
Fleet Maintenance - 19
Fleet Maintenance - 20
Fleet Maintenance - 21
Fleet Maintenance - 22
Fleet Maintenance - 23
Fleet Maintenance - In the Bay - Do techs understand the fundamentals of electrical system diagnosis?
Fleet Maintenance - 25
Fleet Maintenance - 26
Fleet Maintenance - 27
Fleet Maintenance - 28
Fleet Maintenance - 29
Fleet Maintenance - Shop Operations - How to assess replacement parts
Fleet Maintenance - 31
Fleet Maintenance - 32
Fleet Maintenance - 33
Fleet Maintenance - 34
Fleet Maintenance - 35
Fleet Maintenance - Reman, Rebuild, Replace - Reasons fleets should consider reman
Fleet Maintenance - 37
Fleet Maintenance - Economic Outlook - Uncertainties with today's global economy
Fleet Maintenance - 39
Fleet Maintenance - Tire Tactics - Factors to help determine the lifecycle of tires
Fleet Maintenance - 41
Fleet Maintenance - 42
Fleet Maintenance - 43
Fleet Maintenance - 44
Fleet Maintenance - 45
Fleet Maintenance - 46
Fleet Maintenance - 47
Fleet Maintenance - 48
Fleet Maintenance - 49
Fleet Maintenance - 50
Fleet Maintenance - 51
Fleet Maintenance - 52
Fleet Maintenance - 53
Fleet Maintenance - Management - The "shop improvement" conundrum
Fleet Maintenance - Fleet Parts & Components
Fleet Maintenance - 56
Fleet Maintenance - 57
Fleet Maintenance - Tools & Equipment
Fleet Maintenance - 59
Fleet Maintenance - 60
Fleet Maintenance - Classifieds
Fleet Maintenance - Guest Editorial - Increase shop efficiencies through fluid management
Fleet Maintenance - 63
Fleet Maintenance - 64
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