2022 has been quite a year. In this special edition of Hits of the Week we revisit some key stories, from 3PL M&A activity to the impact of inflation, ongoing supply chains issues and TikTok’s rapid ascension. Next week, MCM is taking a holiday break; we’ll see you back in 2023!

Multichannel Merchant
Hits of the Week

week of 12/23/22
In 2020, every consumer who had been the beneficiary of a mysterious apparatus called the supply chain to magically whisk goods to their door suddenly became aware it existed. In 2022, supply chain doings still dominated headlines as shippers, carriers and suppliers continued to grapple with myriad issues.
James Carville famously told Clinton campaign workers in 1992, “It’s the economy, stupid,” and that mantra dominated again 30 years later, as high inflation and recession fears dogged the retail industry this year, leading to massive discounting to drive sales, often at the expense of profits.
TikTok, the hugely popular short-form video site owned by Chinese firm ByteDance, had quite a year in 2022, surpassing 1 billion users globally and making itself a force to be reckoned with in advertising, ecommerce and fulfillment, becoming the latest competitor to Amazon's dominance. But government bans are applying heat.
If any sector was ever ripe for consolidation, it’s third-party logistics (3PL), with literally thousands of companies plying their trade, looking to help retail shippers outsource fulfillment, storage, shipping and other operational aspects. Well, 2022 got us at least part of the way there. Here are some of the deals that got done.

USPS, Under Pressure, Upgrades EV Plan

Warehouse Space Demand Will Shrink in 2023

FedEx Q2 Again Hit by Softer Volume

Supply Chain, Sustainability Tools: Working in Tandem

 

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