CSCMP

Opinion: CSCMP annual logistics report loses relevance

The Council of Supply Chain Management Professionals every summer issues a report about the health of the logistics industry and holds a panel discussion with industry experts who underscore the results with real-world perspectives. It’s supposed to provide the definitive post-mortem on how well the freight sector performed in the prior year and look at market trends shaping the future. But few are paying attention anymore.

For years the event, held at the National Press Club in Washington, was...

https://www.freightwaves.com/news/opinion-cscmp-annual-logistics-report-loses-relevance

US logistics inflation remains high despite 11% drop in costs

U.S. business spending on logistics services dropped 11% in 2023 to $2.4 trillion as supply chains normalized in the wake of massive disruption caused by the COVID crisis, according to the “State of Logistics” report from the Council of Supply Chain Management Professionals released on Tuesday.

Logistics costs are still relatively high after rising 22.4% in 2021 and nearly 20% in 2022 from a baseline of $1.5 trillion prior to the pandemic.

More significantly, the ratio of business logistics costs...

https://www.freightwaves.com/news/us-logistics-inflation-remains-high-despite-11-drop-in-costs

No es una sorpresa: El informe revela que los costos logísticos se dispararon en 2021

container terminal

El 33º Informe Anual sobre el Estado de la Logística, el boletín de calificaciones interanual del sistema logístico de las empresas estadounidenses, confirmó empíricamente lo que todo el mundo ya sabía: 2021 era el nirvana o una pesadilla, dependiendo de lo que uno haga para ganarse la vida.   

Los costos totales de logística, que miden cuánto se gastó en transporte, bodegas y servicios auxiliares como los de apoyo y administrativos, se dispararon un 22,4% el año pasado, hasta casi 1,85 billones...

https://www.freightwaves.com/news/no-es-una-sorpresa-el-informe-revela-que-los-costos-logisticos-se-dispararon-en-2021

No surprise: Report finds logistics costs spiked in 2021

container terminal

The 33rd annual State of Logistics Report, the year-over-year report card of the U.S. business logistics system, confirmed empirically what everyone already knew: 2021 was nirvana or a nightmare depending on what one does for a living.

Total logistics costs, which measure how much was spent on transportation, warehousing and ancillary services such as support and administrative, soared 22.4% last year to nearly $1.85 trillion, according to the report. That was equal to 8% of the U.S. GDP, a...

https://www.freightwaves.com/news/no-surprise-report-finds-logistics-costs-spiked-in-2021

Transportation capacity declines accelerate in September

Some LMI metrics hit new highs in September

The rate at which transportation capacity contracted increased in September, according to a supply chain survey released Tuesday.

For 16 consecutive months, capacity has been on the decline. The latest reading of the Logistics Managers’ Index (LMI) showed the capacity component of the dataset fell 330 basis points from August to 37.2% in the month.

“The Transportation Capacity Index remains historically low, indicating continued downward pressure,” the report read. “Further, our data indicates...

https://www.freightwaves.com/news/transportation-capacity-declines-accelerate-in-september

Transportation capacity dips further, prices keep surging

Transportation capacity declines slow in August

Transportation capacity remains on a downward trajectory while prices and utilization are “increasing at an increasing rate,” according to a supply chain survey released Tuesday.

The transportation capacity subindex of the Logistics Managers’ Index (LMI) increased 560 basis points to 40.5% in August, meaning available transportation capacity was still shrinking during the month, just at a slower rate.

The LMI is a diffusion index wherein a reading above 50% indicates expansion and a reading below...

https://www.freightwaves.com/news/transportation-capacity-dips-further-prices-keep-surging

‘State of Logistics’ report casts more favorable light on logistics spending

For more than 30 years, the headline number from the Council of Supply Chain Management Professionals’ (CSCMP) “State of Logistics” report, the latest version of which was released Thursday, has been the ratio of business logistics costs to U.S. GDP. The lower the ratio, the more efficient the country’s logistics system because the cost of moving goods consumes a smaller slice of the total economic pie. Or so the argument has gone ever since the report’s inception.

The events of 2020, however,...

https://www.freightwaves.com/news/state-of-logistics-report-casts-more-favorable-light-on-logistics-spending

Transportation capacity tightens further in May

Transportation capacity becoming tougher to find

Transportation capacity diminished further in May, according to a supply chain survey. The capacity subindex of the Logistics Managers’ Index fell 50 basis points from April to 32.7%, “indicating continued downward pressure,” the Tuesday report read.

The LMI is a diffusion index wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction.

The overall index, which is designed to capture the rate of change in areas like transportation, inventory and warehousing,...

https://www.freightwaves.com/news/transportation-capacity-tightens-further-in-may

Blasgen to retire as CSCMP president, CEO

The Council of Supply Chain Management Professionals (CSCMP) said Wednesday that Rick D. Blasgen, its president and CEO for more than 15 years, will retire from the group on March 5.

Blasgen will be replaced on an interim basis by Mark Baxa, president and CEO of  FerniaCreek Global Supply Chain Consulting Group and a former CSCMP chairman. Blasgen will assist in the transition and will continue as an adviser to the Lombard, Illinois-based trade group. CSCMP will begin a search for a permanent...

https://www.freightwaves.com/news/blasgen-to-retire-as-cscmp-president-ceo

High-profile supply chain conference returns to the road in 2021

The Council of Supply Chain Management Professionals (CSCMP) said Tuesday it plans to hold its annual global conference in person next September, becoming one of the first supply chain management organizations to restore a conference to its traditional setting for 2021.

The conference, known as EDGE, will be held Sept. 19-22, 2021, in Atlanta. The 2020 conference, originally scheduled for Orlando, Florida, was scrubbed in favor of a virtual platform due to the COVID-19 pandemic.

CSCMP CEO Rick...

https://s29755.pcdn.co/news/high-profile-supply-chain-conference-returns-to-the-road-in-2021

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