The current state of the trucking industry is putting shippers across the country in a bind – leaving them with fluctuating rates for freight transportation and a shortage of drivers. Several factors have driven high demand for trucks, including the hurricane relief efforts in Florida and Texas, severe winter storms, higher holiday freight volumes, new driver regulations for electronic logging devices (ELDs) and an overall increase in economic activity.
The Council of Supply Chain Management Professionals (CSCMP) released the 28th Annual State of Logistics Report during a press conference at the National Press Club in Washington, D.C. on June 20, 2017. CSCMP collaborated with global strategic management consulting firm, A.T. Kearney, as the author and researcher, with Penske Logistics continuing in its longstanding role as presenter of the report. Below is a video replay of the press conference presentation and the subsequent Q&A panel discussion featuring remarks from: