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ACCELERATING INTO UNCERTAINTY: 2017 and Beyond

28TH Annual CSCMP State of Logistics Report

Authored by A. T. Kearney and Presented by Penske Logistics

To be presented at Sheraton Framingham Hotel and Conference Center on October 26, 2017.

This year’s report shows the first decline in United States business logistics costs (USBLC) since 2009, even as a surging e-commerce sector propelled demand for parcel delivery services. Other sectors namely motor carrier, rail, and water—were challenged by the familiar millstones of overcapacity, rate pressure, and sluggish demand. When coupled with nominal GDP growth of 2.93 percent, USBLC as a percentage of GDP declined 34 basis points to 7.50 percent. At the midpoint of 2017, we see a backdrop of economic and political uncertainty. An array of mixed signals vexes decision-makers, who see consumer confidence rise while GDP growth disappoints, and government officials struggle to take clear action related to stimulating growth, addressing infrastructure requirements, and trade policy.

The logistics industry appears destined for a prolonged bout of cognitive dissonance, coupling frustration over subpar growth with the optimism reflected in rising stock market values, technology investments, and consumer confidence data. Yet uncertainty hasn’t slowed the pace of change. On the contrary, innovation undermines old business models. One thing is certain: “business as usual” won’t return.

Sign up for the event here:

https://cscmp.org/CSCMP/Event_Display.aspx?EventKey=RNEG171026&WebsiteKey=0b3f453d-bd90-4121-83cf-172a90b226a9

 

$60 Non Members

$45 CSCMP Members

$30 Young Professional Members

$15 for Student Members

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