With much thanks to the booming economy, logistics costs incurred by U.S. businesses jumped 11.4% last year, reaching $1.64 trillion– or 8% of the $20.5 trillion gross domestic product of the entire United States in 2018.
State of Logistics: Buffeted by Crosswinds
The latest annual State of Logistics Report paints the industry not quite as storm-tossed, but as “buffeted by crosswinds as the pace of change accelerates."