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cscmp state of logistics report

Throughout 2021, surging demand, tight capacity, supply chain disruptions and inflation kept intense pressures on the logistics sector, but a stuttering rebalancing of demand and supply is currently underway as the economy has slowed. However, those within the logistics industry should continue to expect the unexpected and focus on collaboration and contingency planning within their operations as they work towards greater stability.

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Resilience, innovation and a focus on strategic relationships are helping logisticians navigate challenging conditions that started last year and continue to disrupt supply chains globally.

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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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In addition to serving as a major sponsor of the upcoming Council of Supply Chain Management Professionals (CSCMP) EDGE 2018 conference in Nashville, Tennessee, which begins on September 30, Penske Logistics will also speak at a pair of top educational sessions.

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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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On June 19, this year’s edition of the Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report will be made public at the National Press Club in Washington, D.C. Penske Logistics will be presenting the report for the 10th consecutive year and management consulting firm A.T. Kearney will once again produce this industry-leading supply chain study.

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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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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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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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A.T. Kearney, a top global management consulting firm, is the new author and researcher of the 27th annual State of Logistics Report, the Council of Supply Chain Management Professionals (CSCMP) announced. Penske Logistics has been the report presenter since 2009.

The State of Logistics Report will debut at the National Press Club in Washington D.C., on June 21. The report has tracked and measured all costs associated with moving freight through the U.S. supply chain since 1988.

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Kevin Smith was moderator for this year's CSCMP State of Logistics Report presentation in Washington, D.C.

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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.

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The logistics industry has continued on a path of slow growth over the last several years as it has worked through the Great Recession. While 2013 was more of the same, the data for 2014 indicate a more bullish outlook as the sector is showing its strongest freight performance since 2009.

“This will the best year we have experienced in the last eight years,” said Rosalyn Wilson (in photo on right), author of the 25th Annual State of Logistics Report, which was introduced by the Council of Supply Chain Management Professionals (CSCMP) and Penske Logistics last month. “The first five months of 2014 have been the strongest since the end of the Great Recession.”

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Today at the National Press Club in Washington, D.C., The Council of Supply Chain Management Professionals (CSCMP) released its 25th Annual “State of Logistics Report®", presented by Penske Logistics. The report reveals that total U.S. business logistics costs in 2013 rose to $1.39 trillion, a 2.3 percent increase from the previous year.

Logistics as a percent of U.S. gross domestic product (GDP) declined for the second year in a row, indicating that the logistics sector is not keeping pace with the growth in the overall economy (hashtag #SofL14).

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