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2022 supply chain outlook features shortages, high delivery costs
While supply chain woes aren't expected to disappear in 2022, this year could mark a turning point.
Roughly two years into the pandemic, companies are still left wondering when supply chains will get back to "normal." Early indications suggest 2022 won't be that year.
Shortages, labor constraints, limited storage space and soaring delivery rates are all expected to continue and create headwinds for shippers this year at a time when demand still remains high.
But while supply chain woes aren't projected to disappear in 2022, this year could mark a turning point. Companies and suppliers are making big investments to add capacity and are increasingly adopting new technology that will drive efficiencies and lower costs.