Equipment Leasing Solutions to Supply Chain Costs
Three Ways to Deal with Today’s Higher Cost of Equipment
It’s no secret that the supply chain crisis is driving up the costs of doing business and making it harder to find the heavy equipment that you need.
Competition for used equipment was already fierce at the end of last year, when it was reported that earthmover, truck, tractor, and other equipment prices were at least 25% higher than in late 2020. Then November’s flooding and mudslides cut the rail lines and highways in BC, slowing down the flow of new parts and equipment coming into Canada through the port of Vancouver.
So what can you do about it? Get creative with a leasing strategy that keeps you making money despite supply chain disruption!