Shippers back in control as logistics market swings back, new State of Logistics report says
June 20, 2023
Total U.S. logistics costs soared to $2.3 trillion last year, growing 19.6% from 2022 and now representing 9.1% of the nation’s Gross Domestic Product (GDP), according to the newest State of Logistics report.
U.S. logistics business costs rise by 22.4% to $1.85 trillion in 2021, new report says
June 21, 2022
American supply chains are out of sync while adjusting to short-term changes in demands. But logisticians continue to seek long-term solutions to supply chain issues, an authoritative new report predicts. But the biggest headline from the 2022 State of Logistics (SoL) report unveiled today at the National Press Club in Washington shows that U.S. business logistics costs rose by a whopping 22.4% to $1.85 trillion last year. That represents 8% of 2021’s $23 trillion Gross Domestic Product (GDP).
