The Official Blog for Penske Truck Leasing, Truck Rental and Logistics

Shippers and third-party logistics providers are continuing to collaborate as they find solutions to meet their supply chain goals, improve efficiency, and manage their overall transportation spend. Increased availability of data and the utilization of technology are driving improvement across the supply chain, particularly as shippers navigate growing consumer and customer demands, complex shipping operations.

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Penske Logistics will appear on a trio of educational sessions and once again serve as a Global Sponsor at the upcoming Council of Supply Chain Management Professionals (CSCMP) EDGE conference in Anaheim, California, from September 15-18.

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Shippers and third-party logistics providers are working to find efficiencies, improve service and develop innovative solutions as they navigate increasing freight levels, tight capacity and stricter consumer and retailer demands.

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A strong economy, continued e-commerce growth, tight carrier capacity and increasing demand for value-added warehousing services have positioned the third-party logistics market for rapid growth. In 2017, revenues reached $175 billion, and the U.S. market is expected to grow at about 5.5 percent through 2019 to reach a size of $195 billion.

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Supply chain activity continues to accelerate, and shippers and their logistics providers keep moving towards more meaningful partnerships that can provide value and create a competitive advantage. At the same time, greater availability of data and the ability to make real-time decisions are driving shippers, and their logistics providers, towards more collaborative relationships, which is leading to new and innovative solutions.

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United States business logistics costs have decreased for the first time since 2009 despite increased demand in the e-commerce sector and overall growth for the third-party-logistics market. However, conflicting signals leave shippers and logistics providers with little clarity on economic fundamentals going forward, resulting in uncertainty within the industry.

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For the ninth consecutive year the Council of Supply Chain Management Professional’s (CSCMP) State of Logistics Report will be presented by Penske Logistics. The publication, which is expertly authored by A.T. Kearney, will be unveiled on June 20 at the National Press Club in Washington, D.C.

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This month marks the return of the Council of Supply Chain Management Professionals (CSCMP) annual conference. Penske Logistics will be front and center at the Gaylord Palms Resort & Convention Center in Kissimmee, Florida, as a Global Sponsor and industry expert.

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Sean Monahan, lead author from A.T. Kearney, presents the 2016 CSCMP State of Logistics Report at the National Press Club.

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This year’s State of Logistics Report will have a new look and feel. The Council of Supply Chain Management Professionals (CSCMP) publication, presented by Penske Logistics for the eighth straight year, will feature a new author and researcher, A.T. Kearney, and distinguished new panelists. The 27th edition will be made public on June 21 at the famed National Press Club.

Sean Monahan, A.T. Kearney partner and operations practice leader – Americas, will for the first time serve as the report’s lead author and also sit on the panel.

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