The Auto Industry Pricing Structure Is Affected by Many Factors

Social media has made many things popular. From Windmill Wednesdays to Throwback Thursdays, there are a number of ways weekly motivational posts keep users engaged. Of all the days of the week, however, Monday often seems to get the short end of the stick. It is important to remember, however, that Mondays are 14.3% of your life. And while you can be one of the many people who dread the Monday mornings of your life, you can also make the decision to turn your Monday’s into the kickoff for the week.

Deciding to turn the first day of your work week into Make Progress Monday can help you see the day after the weekend in a whole new light. If you are someone who is facing the difficult task of helping ship goods across America, you know that productive Mondays are important. They set the tone for the entire week and help you follow a schedule that is often determined months in advance.

As the nation deals with the uncertainty of threatened tariffs and other sanctions that the current Presidential administration continues to talk about, it is even more important that companies that deal with sending and receiving goods across the country and around the world stay focused. From small parts like truck stake pocket tie downs to big decisions about overseas shipping options, there has never been a time that has seemed so important in the delivery of goods.
One of the industries that might be affected the most by the most recent threatened tariffs if they are put into action is the automobile industry. There is not a car on the road that does not have parts that have been made overseas and transported to the U.S. And while the moving companies themselves can pay attention to the small details like truck stake pocket tie downs, truck tie down straps, and bull ring tie downs, if the cost of the parts that are used to transport these vehicles go up, then the shipping industry will have to deal with the effects.

Consider some of these facts and figures about the many details that vehicle carriers have to think about at the same time that they are at the mercy of an administration that threatens to increase the cost of every part in every one of these transported vehicles:

  • The average price of a new vehicle is $35,309, acording to Kelley Blue Book. Many economists fear, however, that some of the recently threatened tariffs could increase this average price.
  • Their fourth highest mark in sales history, the U.S. auto market sold more than 17 million light vehicles in 2017.
  • Unmarked webbed cargo straps in good condition are rated at a minimum of 1,000 pounds WLL per inch of width.
  • Approximately 18% of all vehicles sold in the U.S. are pickup trucks.
  • 66% of the 200,000 crashes in a four year study by AAA were the result of improperly secured truck cargo.

Truck bed anchors and truck stake pocket tie downs play important roles in the services that transportation companies provide, but so do the tariffs that auto manufacturers need to include in their pricing decisions. Mondays are an important part of getting any week off to a great start, but the economic decisions that the current administration makes can significantly decrease any week that starts off productively.

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