Surveys Continue to Find Gaps in Logistics Technology and Service Capabilities
New studies show that while progress is being made by third-party logistics providers to meet shippers’ desire for increased visibility of shipments, greater automation and faster response to supply chain disruptions, major gaps still exist in how technology is used and the extent to which shippers and 3PLs collaborate with transportation service providers to extract benefits from data analysis.
September 27, 2017Total US Logistics Spend Dipped in 2016, Says CSCMP
WASHINGTON — Anemic shipping volumes combined with weak pricing for transportation carriers in 2016 to push down total U.S. business spending on logistics, both in dollars and as a percentage of gross domestic product.
Logistics Spending Up, Study Says
WASHINGTON — The anemic freight market, especially for truckload carriers, that started during the last quarter of 2015 has continued well into this year, but market forces already are at work to eliminate excess capacity and create a stronger trucking business climate by mid-2017, industry executives said.
Logistics Industry Growing Slowly as Market Alters Capacity, CSCMP Says
WASHINGTON — The anemic freight market, especially for truckload carriers, that started during the last quarter of 2015 continues well into this year, but market forces are already at work to eliminate excess capacity and create a stronger trucking business climate for the sector’s survivors by the middle of 2017, said industry executives participating in a logistics event.
State of Logistics Report Gets Makeover
The Council of Supply Chain Management Professionals said it has contracted with the management consulting firm A.T. Kearney to produce its Annual State of Logistics Report.
February 16, 2016Logistics Costs Rise to $1.45 Trillion in 2014, Highest Level Since Before the Recession
WASHINGTON — The cost of moving and storing goods in the United States rose 3.1% in 2014 from a year earlier to $1.45 trillion, the highest level since before the recession, according to the State of Logistics report presented by the Council of Supply Chain Management Professionals on June 23.
Shippers to Pay More as Rates Rise on Equipment, Infrastructure Costs, Execs Say
SAN ANTONIO — Shippers can expect to pay more to secure freight-hauling capacity as truck and rail carriers raise rates to cover rising costs and fund investments in equipment and infrastructure, according to transportation and logistics executives.
September 23, 2014