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Year-in-Review and Economic Outlook for 2022

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Infrastructure issues exacerbated by the pandemic, like kinks in the global supply chain and port congestion, have caused freight costs and delivery times to soar. Consumer demand may be growing but businesses are struggling to keep up and global economic recovery is being hampered. Looking back on 2021, how has the trucking industry contended with these issues and what are the expectations for next year? Will the newly signed infrastructure bill, in particular the DRIVE Safe Act, positively impact trucking and the labor shortage? Bob Costello, ATA Chief Economist, joins TT's Dan Ronan to discuss the challenges of the past year and his perspective on the opportunities to come in 2022.