The 22nd annual State of Logistics Report once again will be released in June. The report has tracked and measured all costs associated with moving goods through the U.S. supply chain since 1988.
Introduced by the Council of Supply Chain Management Professionals and presented by Penske Logistics, the report will be unveiled on June 15 at the National Press Club in Washington, D.C. The report is authored by Delcan Corp. transportation analyst Rosalyn Wilson.
“We still have not reached the surface,” Wilson says. “While significantly better than last year, the U.S. logistics system did not fully recover in 2010. Carriers still had abundant capacity, downward rate pressures were still strong, and freight shipment volume did not grow as much as we hoped it would.”
The 2011 State of Logistics Report panelists are:
• Joe Gallick, senior vice president of sales, Penske Logistics;
• Adrian Gonzalez (panel moderator), president, Adelante SCM Corp.;
• John Lanigan, executive vice president and chief marketing officer, BNSF Railway;
• Jeffrey Pilof, group vice president, Macy’s logistics and operations; and
• John White, president, Fortna Inc.
“In today’s business environment, it’s critical to get the statistics and industry insight you need to help your organization prepare for the future,” says Rick Blasgen, CSCMP president and chief executive officer. “This report provides information to forecast upcoming trends and implement strategies to offset global challenges, such as escalating oil prices and political instability.”
This is the second year that Penske has sponsored the report. Last year’s report uncovered several key facts, noting that business logistics costs fell to 7.7 percent of the nation’s Gross Domestic Product; it was 9.3 percent the prior year.