The Official Blog of Penske Transportation Solutions

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The 2024 State of Logistics Report revealed that U.S. supply chains pressured by global economic volatility -- including inflation, climate change and geopolitical conflicts -- are enhancing their capabilities by investing in supply chain technologies to accelerate resilience, agility and flexibility to navigate current and future disruption.

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Volatility in supply chains remains, but an overall softening of freight has created opportunities for shippers to realign and reshuffle allocations of business as they focus on resilience, cost management and strong relationships.

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Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. Third-party logistics providers have played increasingly significant roles with shippers, providing data management, visibility and analytics that are helping to transform supply chain networks.

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Surging demand, tight capacity, supply chain disruptions and inflation kept intense pressures on the entire logistics sector throughout 2021, and 2022 seems to be offering little respite as uncertainties linger. Shippers are increasingly seeking the assistance of third-party logistics providers in navigating supply chain complexity, service disruptions and surging customer demands.

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Logisticians have a history of rising to the occasion in the face of hardship, and third-party logistics providers worked throughout 2020 to respond to supply chain disruptions, addressing unexpected challenges while driving efficiency and innovation.

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Mark your calendars for June 24 – the date that the 2021 edition of the Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report will be released. Presented by Penske Logistics, and researched and prepared by Kearney, it will be launched virtually. Click here to register.

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