State of Logistics

Air cargo markets still in flux.

Once again authored by global management consulting firm A.T. Kearney in partnership with CSCMP and Penske Logistics, the SoL has become known as the most comprehensive report of its kind, encapsulating the cost of the U.S. business logistics (USBL) system during the previous year (2021) and offering a snapshot of how economic conditions are shaping the current logistics landscape.

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).

In a year of unprecedented disruption, U.S. business logistics costs fell 4% as shippers found new ways of moving freight. Like the supply chains they serve, logistics managers must now fundamentally rethink and redesign their solutions—and how they do will define their future success.

Challenged and in demand, 3PLs face transformation.

Air cargo continues steady climb in volumes, rates.

Container shortage continues to restrict options on the high seas.

Volumes remain strong, but keep a watchful eye on service.

Retail, e-commerce, carrier discipline driving revival

As we roll through 2020, logistics managers are fending off COVID-19 worries and adapting to the new realities. However, a new report warns against single-sourced supply chains and cites the need for more flexibility in adjustments to economic upheavals.

The impact made by the COVID-19 pandemic has yet to realign the current third-party logistics (3PL) marketplace. But when it does, shippers may expect far greater reliance on innovative technologies.

Air Cargo Carrier debt to balloon, expense levels will weigh down recovery.

Global shippers disappointed in the ocean cargo fleet performance

Rail Freight and Intermodal volumes bearing the brunt of COVID-19 pandemic

Truckload supply and demand all jumbled up