Customers’ demand for convenience, complex shipping operations and the need for shippers to manage their transportation spend have increased the number of shippers seeking out third-party logistics providers’ expertise, and the 3PL industry is expected to grow.
This year’s Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report will make its debut on June 18. It will once again be unveiled during a news event at the famed National Press Club in Washington, D.C. Penske Logistics is the report presenter with A.T. Kearney creating the 30th annual publication.
In 2014, the supply chain industry experienced one of its strongest years in recent history. The transportation sector grew by 3.6 percent due to stronger shipment volumes and consumers, which had been the element missing from the country’s financial recovery, began to drive the economy once again as confidence increased.
On June 23, the 26th Annual State of Logistics Report will be unveiled at the National Press Club in Washington, D.C. It is presented by Penske Logistics and introduced by the Council of Supply Chain Management Professionals (CSCMP). Industry analyst and report author Rosalyn Wilson will once again present the report’s key content which examines major trends, issues and economic data across all major transportation modes within the supply chain.
Slow growth, inconsistent freight volumes and businesses that are doing more with less have created a new way of life for the logistics and supply chain sectors for the foreseeable future.
“With the idea of the new normal, we have to put our expectations where they belong. If we expect the slow, sustained growth, then we’ll all be happy,” said Rosalyn Wilson, author of the 24th Annual State of Logistics Report, which was introduced by the Council of Supply Chain Management Professionals (CSCMP) and presented by Penske Logistics on June 19.
CSCMP's State of Logistics Report Finds Intermodal, 3PL Logistics Play Increasing Role in Freight Movement
Increased transportation costs and tightened trucking capacity are generating more opportunities for third-party logistics companies and intermodal freight transportation.
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.