Economic Trends

Data: Distributors Share Their 2023 Labor and Freight Cost Expectations

We polled distributors about how they expect their labor and freight costs to change from 2022 to 2023. See the exclusive results and commentary here.

January 25, 2023

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The past several years have been a bit of a rollercoaster for the wholesale distribution industry. While distributors have enjoyed unparalleled revenue growth in the wake of the COVID-19 pandemic, the cost of doing business has simultaneously skyrocketed. Two expenses distributors have been monitoring closely since the pandemic are their labor and freight costs. Distributors have had to navigate demands for higher salaries and benefits — such as the ability to work from home — as

retaining staff has never been more difficult

. Meanwhile, freight costs soared from the spring of 2021 through…

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