Latest Tariff News
4/13/25
New tariffs on semiconductors and electronics—especially those sourced from China—could significantly affect refrigerated trailers, which rely on electronic control units (ECUs), temperature monitoring systems, GPS tracking, and other sensor-based tech. If tariffs increase component costs, manufacturers will raise prices on new trailers and or delay production lines.

4/9/25
The tariffs on Chinese imports, which have increased to 104%, are expected to significantly impact the U.S. economy. The S&P 500 has lost nearly $6 trillion in value since the tariffs were announced, marking the deepest four-day loss since the index's creation. (AP News)

4/8/25
Tariffs have decreased new equipment orders and increased material costs, harming U.S. manufacturing competitiveness. Trucking demand and capacity is back to pre-COVID levels, while the number of carriers is up 40%. (Fleet Owner)

4/3/25
The tariffs will significantly raise the cost of imported goods, with a universal 10% tariff and additional country-specific tariffs, such as 34% on Chinese imports. This increase in costs is expected to affect importers, distributors, retailers, and consumers, leading to higher prices for everyday food and beverage items. (Forbes)

4/2/25
The new tariffs are expected to significantly increase costs for the food industry, with transportation expenses rising by up to 15%. This increase in costs will likely lead to higher prices for food products, affecting both retailers and consumers. (Fleet Owner)

3/28/25
In February, U.S. trailer orders dropped by 17% from January, totaling just under 18,200 units. This decline reflects a 13% decrease compared to February 2024, highlighting the significant impact of tariff ambiguity on the transportation industry. (ACT)

2/1/25
The new tariffs could increase transportation costs by up to 15%, significantly impacting the logistics and trucking sectors. Additionally, these tariffs are expected to cause a 10% rise in operational expenses for transportation companies. (AP News)
Navigating the Impact of Tariffs on the Industry
The recent tariffs on steel and aluminum have significantly impacted the refrigerated trailer industry. These tariffs have led to increased production costs, supply chain disruptions, and higher prices for new trailers. As a result, businesses are facing challenges in acquiring the necessary equipment to keep their operations running smoothly.
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Our Solutions: Leasing and Rental Options
In these uncertain times, PLM has immediate inventory available allowing you to insulate your organization from rising equipment costs. Leasing and renting refrigerated trailers can provide a cost-effective and flexible solution for your business. Here’s how our services can help you mitigate the impact of tariffs:

Ready to Reduce Your Risk?
Contact us today to learn more about our fleet leasing and rental options and how they can help your business navigate the challenges posed by tariffs. Let us provide you with the flexibility and support you need to keep your operations running smoothly during these uncertain times.