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23rd Annual State of Logistics: Slow and Steady

The economy is a topic on everyone’s mind, so how does the world of supply chain stack up against what everyone else is experiencing? Not surprisingly, perhaps, logistics is doing “ok”. While the industry certainly isn’t moving the way of the hare, it’s slow and steady progression towards recovery is nothing to laugh at: When The Council of Supply Chain Management Professionals (CSCMP) released its 23rd annual State of Logistics Report (SoL) late last month, logistics and transportation management professionals were again advised to be patient: industry growth will slowly, but surely crawl back as the macro-economic picture improves. The report, authored for the past eight years by Rosalyn Wilson, president of Delcan, Inc., an engineering, planning, management and technology firm, reveals that total U.S. business logistics costs in 2011 rose to $1.28 trillion, a 6.6 percent increase from the previous year, accounting for 8.5 percent of U.S. gross domestic product (GDP). The report found that some areas grew (trucking and rail, for instance), while ocean shipping experienced the unique problem of trying to outgrow competitors through building of vessels without also finding the need to have extra shipping capability. Overall, the message is of patience: let the industry grow naturally, and soon enough everything will crawl back to glory.

About Matthew Kabik

Matthew Kabik is the former Editor of Computer Aid's Accelerating IT Success. He worked at Computer Aid, Inc. from 2008 to 2014 in the Harrisburg offices, where he was a copywriter, swordsman, social media consultant, and trainer before moving into editorial.

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