Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Forward Thinking

U.S. logistics costs decline as a percent of GDP

One of the major findings of CSCMP's annual "State of Logistics Report": In 2008 U.S. logistics costs reached $1.3 trillion, or 9.4 percent of the country's $13.8 trillion GDP.

Supply Chain Quarterly Staff
By Supply Chain Quarterly StaffSep 17, 2009
Supply Chain Quarterly Staff
See Full Bio

CSCMP's annual "State of Logistics Report" measures the impact of logistics costs on the U.S. economy. One of the major findings of this year's report: In 2008 U.S. logistics costs reached $1.3 trillion, or 9.4 percent of the country's $13.8 trillion gross domestic product (GDP). Although transportation costs rose by 2 percent, carrying costs declined 13.2 percent due to decreased inventories and lower interest rates. As a result, logistics as a percentage of the overall economy dropped from the previous year's figure of 10.1 percent of GDP.

The full report is available to CSCMP members at cscmp.org/memberonly/state.asp.

Article Figures
[U.S. logistics costs decline as a percent of GDP]


[U.S. logistics costs decline as a percent of GDP]Enlarge this image

Source: 20th Annual "State of Logistics Report," CSCMP, June 2009

Article
quarter 3 2009
Article
quarter 3 2009

Recent

NORD Showcases Robust, Reliable Meat and Poultry Drive Solutions at IPPE
Products

NORD Showcases Robust, Reliable Meat and Poultry Drive Solutions at IPPE

More Stories

photos of grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less

Featured

aerial photo of port of Miami
Move

East and Gulf coast strike averted with 11th-hour agreement

What is ERW Steel Pipe?
Products

What is ERW Steel Pipe?

minority woman with charts of business progress

Study: Inclusive procurement can fuel economic growth

Inclusive procurement practices can fuel economic growth and create jobs worldwide through increased partnerships with small and diverse suppliers, according to a study from the Illinois firm Supplier.io.

The firm’s “2024 Supplier Diversity Economic Impact Report” found that $168 billion spent directly with those suppliers generated a total economic impact of $303 billion. That analysis can help supplier diversity managers and chief procurement officers implement programs that grow diversity spend, improve supply chain competitiveness, and increase brand value, the firm said.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
pie chart of business challenges in 2025

DHL: small businesses wary of uncertain times in 2025

As U.S. small and medium-sized enterprises (SMEs) face an uncertain business landscape in 2025, a substantial majority (67%) expect positive growth in the new year compared to 2024, according to a survey from DHL.

However, the survey also showed that businesses could face a rocky road to reach that goal, as they navigate a complex environment of regulatory/policy shifts and global market volatility. Both those issues were cited as top challenges by 36% of respondents, followed by staffing/talent retention (11%) and digital threats and cyber attacks (2%).

Keep ReadingShow less
cargo ships at port

Strike threat lingers at ports as January 15 deadline nears

Retailers and manufacturers across the country are keeping a watchful eye on negotiations starting tomorrow to draft a new contract for dockworkers at East coast and Gulf coast ports, as the clock ticks down to a potential strike beginning at midnight on January 15.

Representatives from the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) last spoke in October, when they agreed to end a three-day strike by striking a tentative deal on a wage hike for workers, and delayed debate over the thornier issue of port operators’ desire to add increased automation to port operations.

Keep ReadingShow less
Copyright ©2025.