Skip to content

From Coast to Coast, Supply Chains Get Off to a Rough Start to 2022

Haulage Truck Queues at Port of Dover
Photographer: Chris Ratcliffe/Bloomberg

Trucking rates in the U.S. are staying elevated, particularly in the blizzard-hit Northeast, as 2022 gets off to a rough start for anyone hoping to see supply strains fade along with the virus.

The latest weekly figures from showed the average spot rates in the New England area hit a four-month high, capping its first January increase in data going back to 2014. Truck freight costs eased in other parts of the country but remained well above pre-Covid levels — evidence that capacity shortfalls are snarling supply chains even after the holiday rush and may linger for months.