Total U.S. business logistics costs in 2011 rose to $1.28tr, a 6.6-percent increase from the previous year, accounting for 8.5 percent of the country's gross domestic product, according to the 23rd Annual State of Logistics Report, presented by the Council of Supply Chain Management Professionals and Penske Logistics.
The British International Freight Association is seeking entries for its annual Freight Service Awards competition, celebrating 24 years of recognising the best in the UK freight forwarding industry.
International trade data indicates that U.S. import shipment volume for May, measured in TEUs, increased 5.6 percent from April and 3.5 percent from May 2011.
SDV, a global leader in supply chain, is about to complete a "green" four-story, ramp-up warehouse that is in compliance with the highest environmental standards, the company says.
Above average percentage increases in transportation costs could indicate your transportation expenses are cutting into your bottom line. Working with a 3PL, you're able to address the cause for the increase and implement some changes to avoid profit erosion moving forward.