b'DECEMBER 19, 2022 - JANUARY 22, 2023ANALYSIS & PERSPECTIVE 15Accelerating into 2023 Three ingredients of the trucking sector to watch nowBy Jim Filter, Executive VP and Group President of Transportation and Logistics at Schneider, Special to the AJOT By Page Siplon, Chief Executive Officer, TeamOne Logistics, Special to the AJOTReflecting on 2022, afterlack of stock to an inventoryAs we feast our way through the holidays,can Transportation Research Institute (ATRI). two and half years of disrup- surplusasstoresover-pur- perhaps the best way to provide perspective onOverworked during the pandemic and his-tion,thetransportationandchased to mitigate future dis- the trucking sector in 2022 is to view it as atoricallyunderpaid,driverslotimprovedin supplychainsectorisataruptions,isbeginningtogetholiday recipe.2022 as wages rose over 10% moment to differentiate howback into sync and next yearTherearethreeingredi- pertheAmericanTrucking wedobusinessandlever- wewilllikelyseemoretra- entsthatmakeuptrucking:Associations (ATA). age technology to accelerateditionalseasonalitywhenitthepeople,thefreighttheyInsteadofleveragingthe theindustry.Lookingaheadcomes to transportation.move and the trucks they usewageincreasetomakemore to 2023, the opportunity liesAs inflation hit record highsto move it.money, ATA says almost 40% before us to deepen strategiccoming out of the summer, itEach of these three wereof drivers used the opportunity relationships with customerslooked as if consumer spendingcriticaltowhathappenedinto actually work less hours for and to deliver value. mightdecline,butthefinan- 2022andwillbetowhatmoremoneyin2022.Some Inmy24yearsinthecialhealthoftheAmericanhappens in 2023. trucking companies and private industry at Schneider, Ive seenconsumer remains strong, andfleetsareaddressingdrivers severalmarketcycles,andspending has leveled off.p eople demand for more home time by the experience has taught meAnydiscussionoftheshifting their business models to thatitsthosewhoinnovatel argerC arrIers WItH peoplesideoftruckinghasinclude services like final mile, and adapt in the moment whoo Iversep ortfolIosH ave to include the ongoing driverwhite glove, and regional runs are successful, and at Schnei- ana dvantageandC an shortage.ItsbeenlistedasPage Siplon to allow drivers to get home at der, were continuously find- o ffer ana dvantage the number one concern in trucking for four ofthe end of the day to their families. ingnewwaystomeetthe(ACCELERATINGcon- the past five years in the Critical Issues in theNot enough home time is already one of moment, service our custom- tinued on page 23) Trucking Industry report put out by the Ameri- (WATCHcontinued on page 17)ers and invest in our drivers.Keytrendsfrom2022: What we learned SPEED TOJim Filter MARKETt Hep eopleW Hop oWero urI ndustry arem uCH LOWER m oret Hane ssentIal 2022broughtattention tothesupplychain.Rarely, adayorweekhasgoneby without seeing a mention ofCOSTthe supply chain in the news. Weallrememberseeing images of the dozens of ships awaiting offload. Theres one upsidetotheattention:the appreciation and dependenceExperience proves cargo shipped from Asia through everydayconsumershavethe Seattle+Tacoma gateway gets there faster. Let for the men and women whous show you the difference less congestion, efficient power supply chains.multimodal operations, and best-in-class customer Drivingisoneofthecare can mean to you. When time to market is noblestprofessionsinthecritical, choose The Northwest Seaport Alliance. NWSeaportAlliance.comworld. The demand to attract qualifieddrivercandidates has never relented. While the squeeze might be easing, the need to offer high-quality jobs with integrated technology to improve safety and efficiency alongside investing in equip-ment and opportunities with predictable at home time are vital to creating a place where drivers can build a career.s upplyC HaIns aren ormalIzIng , andC onsumers pendIngH asntf alleno ffIn the second half of 2022, overallcongestionbeganto easeandtherearedemon-strated signs of normalization in the market. The disruption faced by the industry for the last two and a half years, from'