What to Expect in 2022: A Transportation Industry Forecast
As you might have expected, the transportation industry has changed in the last two years. The rise of the work-from-home economy coupled with increased constraints on shipping companies have created a dynamic of tight budgets, rising costs, and higher expectations. As we begin 2022, these trends are set to continue, creating a high-pressure environment for transportation providers. Read on as we share our transportation industry forecast for 2022.
Transportation Industry Forecast Insight 1: Sustained Consumer Demand
The number one factor driving the growth of the shipping industry recently is the rise of consumer demand. Families are purchasing houses and cars in the highest numbers since 2008, and modern consumers have a strong preference to have goods delivered to them – especially in the time of a pandemic. This demand has led to growth in a myriad of consumer-based industries, and it shows no signs of slowing.
Transportation providers can expect strong demand to continue into the new year, with customers growing accustomed to delivery services and expecting increasingly better service out of their providers.
Transportation Industry Forecast Insight 2: Increased Stressors on Shipping Providers
Transportation providers are being met with an increasingly difficult slew of stressors that make meeting the extra demand a tall order. Fuel prices have been on the rise for months, causing transportation companies to spend more per route while increasing the frequency and length of routes. As the U.S. faces extremely low unemployment, the transportation industry is also faced with a labor shortage. As many industries grow and look to add staff members, workers have their pick of increasingly competitive job offers. As a result, many shipping providers are rapidly hiring and offering extremely attractive compensation packages.
Transportation Industry Forecast Insight 3: The More Accountable Providers Will Succeed
Inevitably, the plethora of difficulties that transportation providers are facing will ultimately help show their true colors. With technology advancing at breakneck speed, customers have a closer eye on their shipments and expect tech-savvy service from their delivery providers. Transportation is becoming more accountable, and the providers that will succeed in 2022 will be the ones that put their customers first, offer a transparent client experience, and custom-handle orders to ensure prompt and safe deliveries.
Spee-Dee Delivery: Your Hometown, Accountable Carrier
For over 40 years, the dedicated team at Spee-Dee Delivery has been providing transportation industry forecasts and faithfully serving the Upper Midwest. Our team is committed to providing every one of our clients with top-notch customer service, fulfillment services and order handling, so you can feel confident your shipment is in good hands – whatever you’re shipping.
Rely on the professionals at Spee-Dee Delivery who take pride in delivering your goods where they need to go – as quickly and affordably as possible. Our friendly staff is ready and waiting for your call. Get in touch with a representative today and get your shipment moving in the right direction.