The Council of Supply Chain Management Professionals’ 32nd Annual State of Logistics Report has found that the United States’ business logistics costs were equivalent to 7.4% of the country’s $20.94 trillion GDP in 2020.
While these costs fell 4% from 2019 to 2020, the over-$1 trillion market has attracted a number of large investments in the space to deal with issues plaguing the market, including port congestion, lack of visibility and capacity optimization. In Q1 alone, Pitchbook found supply...
https://www.freightwaves.com/news/gobolt-loconav-build-on-indias-burgeoning-supply-chain-investments