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ANALYSIS * USA - Logistics now a vital industry
Philadelphia,PEN,USA -The Cherry Hill Courier Post (Cherry Hill,NJ), by EILEEN STILWELL -October 23, 2007: -- ... About 3,000 logistics experts gathered in Philadelphia this week at the annual conference of the Council of Supply Chain Management Professionals to discuss the challenges and opportunities of moving goods around a shrinking world... The good news is the volume of freight was up 8 percent in 2006 over the prior year and 30 percent over three years... The bad news is transportation costs rose 9.4 percent over 2005 due to higher interest rates, fuel costs and the need to cover greater distances... Truck tonnage was down 1 percent for the first time in many years, due to the downward spiral in housing and automobile sectors... Distribution expenses are higher to fit the new, just-in-time retail mantra. And Gov. Jon S. Corzine's plan to fund highway improvements by increasing the number of toll roads is "universally unpopular within the trucking industry", Rosalyn A. Wilson, a transportation analysis, said...
Labels: trucking industry analysis USA
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