Following the release of the results from the 7th annual State of the North American Supply Chain Survey, Averitt's Executive Vice President of Sales and Marketing, Kent Williams, recently sat down to discuss the results with the Commercial Carrier Journal's Matt Cole and Jason Cannon.
As discussed in the interview, the supply outlook for 2022 paints a similar picture of what shippers experienced last year. Challenges with capacity and rates are expected to linger in the months ahead as global supply chains and domestic transportation play catchup to consumer demand.
Here are just a few of the data points that our survey found:
- 75.93% anticipate increased shipping volumes in 2022 – the highest percentage recorded in the survey’s seven-year history
- 37% of all respondents struggled with capacity challenges within their supply chain in 2021 compared to 25% that reported issues in 2020
- 57% experienced delays with truckload shipments in 2021 compared to 42% in 2020
- 71% foresee higher LTL rates in 2022 – an eleven-percentage point increase from 2021
- Nearly 43% of all respondents will use residential shipping services in 2022 compared to 34% surveyed five years ago
- 33% of the respondents were challenged with on-time inland container deliveries in 2021 – nearly double the rate recorded in 2020 (17%)
To learn more about the results from our survey and how you can use this information to develop your supply chain strategy for the year ahead, you can download our free white paper of the results.