World's largest truck maker says it's facing enormous supply chain pressure

Posted 48 days ago


Supply chain disruptions are still rippling across the globe, and the head of the world's largest truck maker has warned that parts shortages are slowing the production of thousands of its vehicles.

Daimler Truck CEO Martin Daum told CNBC on Wednesday that the current supply chain squeeze is among the worst he's seen in his more than 25-year career, resulting in major bottlenecks across the company's suite of brands.

"We are facing enormous pressure on the supply chain," said Daum, whose trucks are used for other vital industries such as logistics and construction.

"I would say it's one of the worst years ever in my long career in trucking, where we sometimes have to touch a truck t... (Read more)