“State of Logistics Report” shows out-of-sync supply chains battling sharply rising costs

June 22, 2022

Home » “State of Logistics Report” shows out-of-sync supply chains battling sharply rising costs

Last year taxed every inch of the U.S. supply chain. At the same time that demand was surging, the industry was facing supply and labor shortages as well as tight capacity and a congested transportation network. 

This volatility and tumult caused U.S. business logistics costs (USBLC) to skyrocket by 22.4% in 2021 to $1.85 trillion, according to the “33rd Annual Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report.” As a result, USBLC ended up representing 8% of the country’s gross domestic product (GDP) of $23 trillion, a level not seen since 2008.

This year’s State of Logistics Report—a collaboration among the consultancy Kearney, the industry association CSCMP, and logistics service provider Penske Logistics—details all costs associated with moving fr ....

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