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Covid Set to Tank 45% of Transportation’s Profits This Year

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

A new report from Deloitte found that by the end of this year, up to 45 percent of the transportation sector’s operating profits could erode due to the economic downturn stemming from the coronavirus pandemic. However, the outlook isn’t entirely bleak, according to the report, “Finding Opportunities in Today’s Transportation Sector.” That’s because transportation is…

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