2022 outlook

Check Call with David Spencer: February is looking pretty good

people gathered around a desk of computers. Check Call news and analysis for 3pls and brokers

On this week’s episode of Check Call, host Mary O’Connell and David Spencer, director of business intelligence at Arrive Logistics, sit down to talk about the newly released market update detailing the freight market’s performance for January and February and what the markets look like for 2022. 

Also on the podcast is a quick rundown on the battle for best coast supremacy. We’re not talking about ’90s rappers anymore, it’s the battle of East Coast vs. West Coast port congestion — equally as...

https://www.freightwaves.com/news/check-call-with-david-spencer-february-is-looking-pretty-good

U.S. Xpress sees freight moving at ‘fever pitch’ through at least H1/22

U.S. Xpress says inflation, consumer spending will determine trajectory of freight cycle

A first-half 2022 economic outlook issued by truckload carrier U.S. Xpress Wednesday calls for strength in freight demand to last through at least the first half of the year. The company highlighted some caveats, most notably the impact of inflation on consumer spending.

Inventory replenishment is likely to carry freight demand through the beginning of the year, the report said. After that, it’s really up to how much of a bite inflation takes out of the consumer’s wallet.

“If the economy can...

https://www.freightwaves.com/news/us-xpress-sees-freight-moving-at-fever-pitch-through-at-least-h122

ArcBest raises long-term financial targets, expects revenue to double by 2025

ArcBest sees $7 billion to $8 billion in revenue by 2025

ArcBest updated long-term financial targets Tuesday in conjunction with the release of its fourth-quarter earnings report. The company expects to grow revenue to $7 billion to $8 billion by 2025. Hitting the high end of the range would double its top line from the $3.98 billion it recorded in 2021.

The guidance also included margin targets. The asset-based segment, which includes less-than-truckload operations, is expected to see operating margins in the 10% to 15% range, which is higher than...

https://www.freightwaves.com/news/arcbest-raises-long-term-financial-targets

Is 2022 the year of the retail reset? Deloitte thinks so

Deloitte's 2022 Retail Industry Outlook breaks down trends in retail supply chains and e-commerce for 2022

It’s a new year, but retailers face the same supply chain mess that they did in 2021. Freight and shipping volumes remain at record levels and rates are higher than they’ve ever been. But at the same time, over 1 million retail jobs remain unfilled, while consumers expect to buy and receive goods with more convenience than ever before.

According to the experts, all of these factors mean we’re reaching a singularity –– a retail reset, if you will. Pulling together insights from 50 retail...

https://www.freightwaves.com/news/is-2022-the-year-of-the-retail-reset-deloitte-thinks-so

Prologis’ 2022 guidance ahead of consensus as warehouse market tightens

Capacity coming online not enough to meet demand for logistics space

Prologis Inc. reported fourth-quarter core funds from operations (FFO) of $1.12 per share, which was 2 cents ahead of the consensus estimate and 18% higher year-over-year. Occupancy tightened further, increasing 160 basis points to 97.4% from the year-ago quarter.

“Demand for our 1 billion-square-foot global portfolio shows no signs of slowing and we are positioned ideally to meet our customers’ most critical real estate needs,” said Hamid Moghadam, co-founder and CEO in a Wednesday press...

https://www.freightwaves.com/news/prologis-2022-guidance-ahead-of-consensus-as-warehouse-market-tightens

The Future of Logistics is Flexible

The logistics industry is no stranger to disruption. However, the more common supply chain disruptions have been fairly predictable like seasonality, or short-lived like inclement weather and manufacturing issues. In contrast, nothing about COVID-19’s effect on the supply chain has been predictable.

Shippers experienced rollercoaster variability and unstable supply throughout the bulk of 2020 before buckling in for a yearlong peak in 2021. Consumer demands surged all year, and expectations...

https://www.freightwaves.com/news/the-future-of-logistics-is-flexible

White Paper: 2022 Automation Trends for CargoWise Freight Forwarders

CargoWise has risen to a position of dominance in the transport management system market.

In 2020, it gained the top 25 freight forwarders as customers, as well as continued partnerships with 17,000 logistics providers. As a result of the pandemic, more enterprise and midmarket freight forwarders transitioned to remote work environments and partnered with CargoWise in global or branch-specific rollouts. While the freight forwarding industry has historically relied on paper documents, this...

https://www.freightwaves.com/news/white-paper-2022-automation-trends-for-cargowise-freight-forwarders

Fearless supply chain predictions: Here’s what will happen in 2022

Goodbye, 2021. Hello, 2022. What do you have in store for us? More supply chain issues? More port congestion? More driver issues? More topsy-turvy developments? 

Probably a little bit of everything, according to FreightWaves writers. We asked our people on the front lines to look into the 2022 crystal ball and offer up predictions on their respective beats. It promises to again be a newsworthy year in the freight industry, which took center stage on many of the nightly newscasts in 2021.

TRUCKS...

https://www.freightwaves.com/news/fearless-supply-chain-predictions-heres-what-will-happen-in-2022

Check Call: Oh hey, 2022, how you doin’?

Hot Take

Image: reddit

We all know that feeling of hope and “new year, new me” that January brings. While we might not be rushing into the gym right away, we can certainly look at some things to get excited about in the new year. We have to be optimistic now so we can throw shade at 2022 in December just like we did to 2021 earlier in the week. Fair is fair. 

Some of the things I’m looking forward to are a result of major changes and acquisitions from this year so 2021 can’t be all bad. Without...

https://www.freightwaves.com/news/check-call-oh-hey-2022-how-you-doin