26th Annual State of Logistics Report
26th Annual State of Logistics Report
CSCMP released its 26th Annual “State of Logistics Report®”, presented by Penske Logistics

“This highly anticipated report contains the statistics and industry insights that will not only help our members do their jobs better, but also better prepare them for the business demands ahead,” said Rick Blasgen, president and chief executive officer of CSCMP. “Knowing how logistics and supply chain costs affect and are affected by the larger economy is a key part of this understanding. We are grateful for the support from Penske Logistics in issuing this critical industry intelligence.”
The report reveals total US business logistics costs rose to $1.45 trillion in 2014, a 3.1% increase from the previous year. However, the growth rate for logistics costs was lower than the US gross domestic product (GDP), resulting in a slight decline in logistics as a percent of GDP from 8.4% to 8.3%.
 
The report, authored by transportation consultant Rosalyn Wilson of Parsons, has tracked and measured all costs associated with moving freight through the US supply chain since 1988. This year’s report presents an overview of the economy during the past year, the logistics industry’s key trends, and the total US logistics costs for 2014. The "State of Logistics Report®" is widely used by supply chain management and logistics professionals and organizations as the premier benchmark for US logistics activity.
 
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