CPG companies expect continued inflation on transportation costs this year. While there are plenty of signs on the horizon that suggest that a freight recession may be forthcoming, 2022 freight costs for most CPG companies are expected to be higher than they were in 2021. Procter & Gamble and Mondelez are among the major CPG companies that have warned analysts of higher freight costs on their earnings calls the past two weeks.
The SONAR chart below is an illustration of why a loosening freight...
https://www.freightwaves.com/news/cpgs-still-consider-freight-costs-to-be-headwinds