This will also improve customer service and bring efficiencies for all parties.'ДЄndy Moses, senior vice president of sales and solutions, Penske Logistics: 'We have seen an incredible amount of resiliency among private truck fleets and dedicated contract carriage truck fleets. We're especially heartened by the progress the sector has made in rebuilding supply chain resilience via multi-shoring, automation and optionality in last-mile distribution. What is notable for 2021, however, is that the logistics sector has begun to enable changes which should benefit manufacturers, retailers and consumers alike. I wish to thank our collaborative research and author partner Kearney, IHS Market, Penske Logistics and the CSCMP staff for all of their contributions.'Д«alika Sonthalia, partner at Kearney and lead author of the report, noted: 'It's not surprising that we are continuing to see ongoing disruptions related to the pandemic, but the scope and impact of disruptions continue to weigh heavily on the minds of logistics providers вЂ“ as they do for all companies contributing to the U.S. With supply chain making up the clear majority of most company's operations and that of its workforce, it has the greatest potential to make a real impact on its competitive advantage. In the 33 rd year of this remarkable report, our readers will not only be in the best position to benchmark their own supply chain progress but to refine their approach, leading to better results. It's also about impacting the global community and doing vital work like making and delivering life-saving vaccines.

Competing in today's global marketplace is not just about the high-quality products supply chains plan, procure, make and deliver. Mark Baxa, CSCMP president & CEO: 'This year's State of Logistics' report is simply an outstanding and valuable asset to any supply chain organization. supply chain spend, it expanded by 23.4%, to a lofty $831 billion spend. Trucking freight continues to see more volume and opportunities.В With road freight accounting for the largest segment of the U.S. Last-mile delivery volume is trending upward.В The 2022 report notes that e-commerce sales grew 10% last year (to $871 billion), accounting for 14% of U.S. Last year's report noted the effects of the pandemic on the supply chain.В The residual challenges of the pandemic remain, with some disruptions continuing to deliver damaging effects on capacity. This led to uneven supply chains and inconsistent product availability for consumers (both in-person and online).Д®fforts to increase multi-shoring are expected to accelerate.В Companies are seeking to have operations move closer to the U.S., to respond quicker to fluctuating market demands. Business inventories dropped to near historic lows, but the costs associated with storing, handling and finance these items rose considerably.В Inventory-carrying costs rose by 25.9% in 2021, and transportation costs jumped 21.7%.

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