2023 Freight Transportation Industry Report
Commercial transport has obstacles.
The disruption of global supply chains has caused ripples throughout the shipping and freight industry. Companies are hoping that 2023 provides some stability.
Occupiers in the industry have been caught between increased energy costs, escalating fixed real estate costs and limited parking options. The amount of new inventory being delivered in the industrial warehouse space may offer some relief, but transportation costs and a tight labor market are requiring companies to make difficult decisions on ways to protect margins and continue to meet customer demands.