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ACWI Advance – September 15, 2022

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In this issue of ACWI Advance we take a closer look at these stories:

  • Prologis says industrial real estate appears to be poised for a healthy future.
  • Robert Half predicts hiring will remain strong for the rest of the year.
  • SHRM survey finds that inflation persists as a top concern among employees.
  • Truck driver wages continue rising in the face of the continuing driver shortage.
  • The total marginal cost of trucking grew by 12.7% in 2021 to $1.855 per mile.
  • The government gives free advice on how employers should react to Monkeypox.

Send your company news to Editor David Sparkman at, and please understand that there is no cost to you when we use your news in this newsletter.

IRE Adapts to Economic Change

Warehouse growth also has been shaped by the supply chain crisis, including freight railroads’ major service deterioration, the persistent truck driver shortage and continuing port congestion. The result has been an emphasis on building safety stocks, particularly in the retail sector.

Another important consideration that must be taken into account is that these inventory increases are relatively new. In the last six months, they’re up 7% on a net basis for both wholesale and retail industries, the researchers point out.

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Employers Still Plan to Hire

“Despite talk of an economic slowdown, many companies remain in hiring mode and professionals with in-demand skills continue to have options,” said senior executive director Paul McDonald.

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Workers Wrestle With Inflation

“Employers recognize that inflation has a major impact on the well-being of their team,” said SHRM President Johnny C. Taylor, Jr. “In fact, SHRM research found that 87% of those worried about inflation said their highest concern was the effect on the lives of their employees.”

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Trucking Wages Are on the Rise

“The financial health of trucking remained strong throughout 2021 despite spiking costs, with an average operating margin in most sectors at 10%,” ATRI reported.

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Employers Confront Monkeypox

Although highly contagious from skin-to-skin contact, it results only in a rash and only rarely causes worse symptoms and is not fatal, unlike Covid.

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