The 32nd Annual State of Logistics Report® helps shippers and carriers plan their business strategy for the remainder of 2021 and beyond.
The report reflects on the disruption caused by the pandemic and other events in 2020 and explores the resiliency of supply chains to adjust and adapt. It also examines economic factors affecting supply chains, important trends and what is on the horizon. To learn more, download the Executive Summary.
"Resiliency, innovation, technology, and close collaboration with shippers have all been essential to weathering the rapidly changing market demands up and down the supply chain."
Andy Moses, SVP of Sales and Solutions, Penske Logistics
- U.S. business logistics costs (USBLC) dropped 4% in 2020, or 7.4% of gross domestic product (GDP).
- Motor carrier rates were volatile in 2020 reaching record highs.
- E-commerce growth elevated 33% to $792 billion, representing 14% of all retail sales.
- Multi-shoring efforts are already bringing noticeable change to logistics, and logistics will become more multi-modal and multi-nodal.
- Sustainability has gained more attention and shippers and 3PLs are embracing reduction in carbon footprints.
- Shippers are looking for Control Tower visibility across the entire supply chain to provide actionable insights and metrics.