Last mile costs rising fast
Year-over-year PPI for standard courier services increase faster than overall transportation & warehousing
Last-mile costs are outpacing overall transportation and warehousing costs, a trend likely to continue through 2022.
According to the US Bureau of Labor Statistics’ producer price index (PPI) for couriers and express delivery services, standard courier services have increased 30.023 points from November 2020 to November 2021, index based on 1992=100 and …