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Jul 21, 2006

Comments - USA - Logistics Costs Soar

USA -Forbes, by Robert Malone -18 July 2006: -- The costs of logistics in the U.S.--moving goods into and through the nation--soared more than 15% last year, the largest rise in 30 years, meaning shipping and forwarding sopped up 9.5% of the gross domestic product... "Domestic freight transportation, in terms of tons of freight transported, has grown over 20% in the last decade and is expected to increase another 65% to 70% by 2020," says Rosalyn Wilson, a consultant with Reality Based IT Services. In a recent paper produced for the Council of Supply Chain Management Professionals, she adds that costs are rising in virtually every stage and mode of U.S. transportation and movement of freight and commerce... Most of the $1.18 trillion in logistics costs last year were eventually passed on down to consumers...

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