Logistics Costs Increase

According to a recent report in Logistics Today the year 2005 marked the largest increase in logistics costs in the history of the State of Logistics Report.

The reports claims that logistics costs increased by a whopping $156 billion. The majority of this increase came on the transportation side.

Representative Rosalyn Wilson noted that:

Greater efficiency must be extracted from logistics networks to counter many of the effects of the rising costs which means the U.S. must do more to improve its transportation infrastructure. Ports must be modernized, private investment in rail infrastructure must be encouraged, and additional lane miles must be added to highways as well as establishing truck-only lanes to improve efficiency.

Explosive Growth for Logistics Costs

Top 10 3PL vote

Every year for it's July issue Inbound Logistics, one of my favorite trade publications servicing the third party logistics industry publishes its "Top 10 3PL providers" based on feedback from their annual "3PL excellence survey."

Well now is your chance to have your say in the survey. If you are a professional in the logistics industry or even better a 3PL customer head over to their 2006 3PL Excellence Survey to cast your vote for the logistics company that has put forth top notch supply chain management this year.