Replay: 2014 State of Logistics Report
June 20, 2014
Video replay of the Council of Supply Chain Management Professionals 25th Annual “State of Logistics Report®” written by Rosalyn Wilson and sponsored by Penske Logistics. Recorded June 17, 2014 at the National Press Club, Washington, D.C.
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2014 CSCMP State of Logistics Report
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CSCMP's State of Logistics Report Finds Intermodal, 3PL Logistics Play Increasing Role in Freight Movement
June 15, 2012
Increased transportation costs and tightened trucking capacity are generating more opportunities for third-party logistics companies and intermodal freight transportation.
<p>Joe Gallick, senior vice president of sales at Penske Logistics, said a challenging economy lends itself well to 3PLs as companies realize the need to leverage assets to be “agile and flexible and to consider different modes.” He added, “modal shift is something we see quite regularly.” </p><p><img class="rm-lazyloadable-image rm-shortcode" data-rm-shortcode-id="019d31fa52a24c534ccd7a987f96997a" data-rm-shortcode-name="rebelmouse-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xOTEyNzEwMC9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYzNTU5MTg1NX0.4lxalxLQtra0atob2iLaI5w0Q_abT1KzJzNHC5kf62I/img.jpg?width=980" height="610" id="ff6ce" type="lazy-image" width="1024"/>Gallick, along with other industry executives, spoke in a panel discussion at the National Press Club in Washington, D.C., <a href="https://www.gopenske.com/newsroom/2012_6_13_cscmp_logistics.html">following the release</a> of the 23rd Annual State of Logistics Report, introduced by the Council of <a href="http://www.cscmp.org/">Supply Chain Management Professionals</a> (<a href="http://www.cscmp.org/">CSCMP</a>) and presented by <a href="https://www.penskelogistics.com/">Penske Logistics</a> on June 13. </p><p>Rosalyn Wilson, senior business analyst at Delcan and the author of the report, said the third party provider and forwarding sector of the economy was up 9 percent and gaining strength at the end of 2011. </p><p>Wilson said U.S. business logistics costs rose 6.6 percent to $1.28 trillion in 2011. In addition, transportation and inventory carrying costs increased in 2011. Transportation costs increased 6.2 percent due to higher rates, while inventory carrying costs increased 7.6 percent due to higher costs for taxes, obsolescence, depreciation and insurance. </p><p>Capacity within the trucking industry has continued to tighten, due in part to increased regulations, such as Compliance, Safety and Accountability. New hours-of-service regulations that take effect in July 2013 will reduce the number of hours a driver can work, further tightening capacity. What’s more, many companies are having a hard time finding drivers.</p><p>“By the end of 2011 about 18 percent of carriers surveyed by TCP reported 6 to 10 percent unseated trucks,” Wilson said. </p><p>Wilson cautioned attendees that capacity will remain tight. "I urge everyone to begin making contingency plans for the day you cannot get a truck," Wilson said. "The railroads are standing by with a great offer and have the capacity to take up the slack." </p><p><a href="http://www.youtube.com/watch?v=cSzJuXYVl20&feature=relmfu">Interview with Penske Logistics' Joe Gallick </a></p><p><a href="http://www.youtube.com/watch?v=EYAjnvOX2yY">Interview with report author Rosalyn Wilson</a></p><p><a href="http://www.youtube.com/watch?v=DdP2eI7HJZY&feature=channel&list=UL">Interview with moderator Rich Thompson</a></p><p>Trucking companies are already partnering with rail to avoid problems caused by the driver shortage and to avoid the cost of acquiring new equipment or put off replacing older equipment, the report said. </p><p>Freight volumes for trucking and rail increased in 2011. Trucking, which comprises 77 percent of the transportation component, posted a 6.2 percent rise, while the railroad sector saw a 15.3 percent increase. Intermodal volume throughout 2011 increased 5.4 percent to 11.9 million containers and trailers. </p><p>“It is becoming a more preferred method of moving goods,” Wilson said. </p><p>John Lanigan, executive vice president and chief marketing officer at BNSF Railway, said the company’s domestic intermodal growth is up double digits. </p><p>To help facilitate efficient intermodal movements, BNSF is purposely building its newest intermodal facility in Kansas City outside of town so there is room for companies to build distribution centers near it. “These thousand-acre industrial parks are selling out in four to five years of us opening up a new intermodal facility,” he said. </p><p>Technology is also changing how goods are moved. Greater data is available and warehouse and transportation management systems can analyze the information to streamline operations.</p><p><img class="rm-lazyloadable-image rm-shortcode" data-rm-shortcode-id="b97d5b5ff31efe8e971958441c11d57f" data-rm-shortcode-name="rebelmouse-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xOTEyNzEwMS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY2ODM0MTQ0MH0.4WGGlZcqnLb1xtnwJd5ftk4MVDMcX6DlMP0gk8ANLcg/img.jpg?width=980" height="768" id="6a102" type="lazy-image" width="887"/>Gallick (photo on right) said there has been more emphasis on optimizing the movement of goods, including improved layout and design of warehouses. “It is about optimization within the four walls,” he said. </p><p>Route optimization and efficient use of labor within the warehouse is also improving the movement of goods. </p><p>Rick Slather, vice president of customer supply chain for North America consumer products for Kimberly Clark, said information sharing is changing the way many companies operate. </p><p>“The new world is forcing us to collaborate because we have to show higher service levels with lower inventory,” Slather said. </p><p>Here is a sampling of early media coverage of the report: </p><ul class="ee-ul"> <li>Reuters: <a href="http://www.reuters.com/article/2012/06/13/logistics-costs-idUSL1E8HCASX20120613">U.S. business logistics costs rise in slow economic recovery</a></li> <li>Journal of Commerce: <a href="http://www.joc.com/supply-chain-management/losistics-costs-rose-66-percent-last-year">Logistics Costs Rose 6.6 Percent Last Year</a></li> <li>Supply Chain Management Review: <a href="http://www.scmr.com/article/state_of_logistics_report_points_to_sluggish_recovery/">State of Logistics Report Points to Sluggish Recovery</a></li> <li>Commercial Carrier Journal: <a href="http://www.ccjdigital.com/trucking-rates-up-5-15-in-2011-logistics-report-finds/">Trucking rates up 5-15% in 2011, logistics report finds</a> </li> <li>FleetOwner: <a href="http://fleetowner.com/blog/uncertain-state-logistics">An uncertain state of logistics</a><em></em></li></ul><p><em>By “Move Ahead” Staff</em></p></div>
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Delcan Corporation
disposal logistics
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fourth-party logistics
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freight forwarding
Inbound Logistics
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Joe Gallick
John Lanigan
Jones Lang LaSalle
Kimberly Clark
lead logistics
logistics
logistics reports
logistics trends
manufacturing
Mast Global Logistics
material handling
national press club
ocean freight
outbound logistics
packaging
Penske Logistics
ports
procurement logistics
production logistics
rail
reverse logistics
Richard Thompson
Rick Blasgen
Rick Jackson
Rick Sather
Ronald Marotta
Rosalyn Wilson
shipping
shipping containers
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supply chain reports
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supply chain trends
third-party logistics
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wholesale channel
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Yusen Logistics
CSCMP State of Logistics Report, Presented by Penske, Unveiled on June 13 in Washington, D.C.
June 11, 2012
With the supply chain serving as an important forecasting tool to gauge the health of the U.S. economy, the 23rd Annual State of Logistics Report®, introduced by the Council of Supply Chain Management Professionals (CSCMP) and presented by Penske Logistics, will make its debut on June 13 at the National Press Club in Washington, D.C.
<p>As report author Rosalyn Wilson, a transportation analyst with <a href="http://www.delcan.com/">Delcan Corporation</a> pointed out, the current business climate is a bit more bullish.</p><p>“The economy was incrementally better in 2011, but the freight industry continued to struggle with sluggish and uneven volumes,” Wilson explained. “Despite the fact that capacity was not yet a real problem, rates were up significantly in 2011.”</p><p>Here are the 2012 State of Logistics Report panelists:</p><ul class="ee-ul"> <li><strong>Joe Gallick</strong>, senior vice president of sales, Penske Logistics</li> <li><strong>John Lanigan</strong>, executive vice president and chief marketing officer, BNSF Railway</li> <li><strong>Rick Jackson</strong>, executive vice president, Mast Global Logistics</li> <li><strong>Ronald Marotta</strong>, vice president, origin cargo management, Yusen Logistics (Americas)</li> <li><strong>Rick Sather, </strong>vice president, customer supply chain North America, Kimberly Clark</li> <li><strong>Richard Thompson (panel moderator),</strong> executive vice president, supply chain and logistics, Jones Lang LaSalle</li></ul><p>This is the third year that Penske has sponsored this report. To read more about each of the panelists, please <a href="http://cscmp.org/memberonly/sol-panel.asp">click here</a>.</p><p>“Part of our mission at CSCMP is to develop and disseminate research that helps our members understand how to do their jobs better,” stated Rick Blasgen, CSCMP president and CEO.</p><p>“Knowing how logistics and supply chain costs affect and are affected by the larger economy is a key part of this understanding,” he said. “We look forward to once again working with Penske’s thought leaders to present this year’s research and translate its findings into real-world terms.”</p><p>The State of Logistics Report® has tracked and measured all costs associated with moving goods through the U.S. supply chain since 1988.</p><p>https://twitter.com/#!/PenskeNews/status/195137303851708417</p><p align="right"><em>By Alen Beljin</em></p> </div>
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3PL
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after sales Logistics
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BNSF Railway
cargo
council of supply chain management professionals
CSCMP
disposal logistics
distribution center management
distribution logistics
economic indicators
Economic Outlook
Economy
fourth-party logistics
freight
freight forwarding
Inbound Logistics
inventory
Jones Lang LaSalle
Kimberly Clark
lead logistics
logistics
logistics reports
logistics trends
Mast Global Logistics
material handling
national press club
ocean freight
outbound logistics
packaging
Penske Logistics
ports
procurement logistics
production logistics
rail
reverse logistics
shipping
shipping containers
supply chain
supply chain reports
supply chain strategy
supply chain trends
third-party logistics
transportation
trucking
warehousing
Yusen Logistics
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